第一商用车网·2025-10-19 13:29Core Viewpoint - The domestic new energy light truck market has shown significant growth, with sales reaching 1.66 million units in September 2025, marking a 60% year-on-year increase and achieving a continuous growth streak of 21 months [5][41]. Sales Performance - From March 2025, new energy light truck sales have exceeded 10,000 units for six consecutive months, with August recording the highest monthly sales of 17,700 units [1]. - In September 2025, the total sales of new energy light trucks were 16,600 units, a decrease of 6% from August but still reflecting a 60% increase year-on-year [5][10]. - Cumulatively, from January to September 2025, new energy light truck sales reached 121,900 units, representing an 88% increase compared to the same period in 2024 [10][35]. Market Share and Leading Companies - In September 2025, the overall light truck sales in China were 61,200 units, with new energy light trucks accounting for 27.15% of the market share, a slight decrease from the previous month [10]. - The top-selling companies in September included: - Farizon New Energy Commercial Vehicle: 3,180 units (19.12% market share) - Foton Motor: 3,172 units (19.08% market share) - JAC Motors: 1,285 units (7.73% market share) [29][33]. - Cumulatively, from January to September 2025, the leading companies were: - Farizon: 25,000 units (20.47% market share) - Foton: 21,200 units (17.35% market share) - JAC: 10,200 units (8.36% market share) [39]. Regional Insights - All 31 provincial-level administrative regions in China have seen new energy light truck registrations, with Guangdong leading with 39,000 units, accounting for 31.96% of the national total [14][16]. - Significant growth was observed in several provinces, with Henan, Zhejiang, and Jiangsu showing increases of 160%, 156%, and 229% respectively [16]. Technology Trends - Pure electric vehicles remain the dominant technology in the new energy light truck market, accounting for 92.55% of sales in the first nine months of 2025, an increase from previous years [19]. - Hybrid models saw a cumulative sales figure of 8,250 units, growing 60% year-on-year, while fuel cell light trucks experienced a decline, with only 833 units sold, a 43% drop [22][25]. Conclusion - The new energy light truck market in China has demonstrated robust growth, with a total of 121,900 units sold in the first nine months of 2025, reflecting an 88% increase year-on-year. The market has maintained a high sales level for seven consecutive months, raising questions about the sustainability of this growth trend [41].