FOTON(SH:600166) 第一商用车网·2025-12-23 04:12Core Viewpoint - In November 2025, China's new energy heavy truck sales reached a new high, continuing to show a doubling growth year-on-year, while hybrid heavy trucks lagged behind the overall market performance [1]. Group 1: Hybrid Heavy Truck Sales Performance - In November, hybrid heavy truck sales totaled 119 units, marking a year-on-year increase of 31%, with 11 consecutive months of growth from January to November 2025 [3]. - The leading company in hybrid heavy truck sales for November was YuanCheng, with 68 units sold, followed by Foton and Chuangwei with 11 and 10 units respectively [3]. - A total of 12 companies, including YuanCheng, Foton, and Sany, achieved sales in the hybrid heavy truck market by November 2025, with YuanCheng maintaining its position as the monthly sales champion for 11 consecutive months [5]. Group 2: Cumulative Sales and Market Share - From January to November 2025, cumulative sales of hybrid heavy trucks reached 990 units, representing a year-on-year growth of 131%, although the growth rate has slowed compared to the previous 10 months [7]. - YuanCheng led the market with cumulative sales of 661 units and a market share of 66.77%, an increase of 13.73 percentage points from the previous year [10]. - Foton and Changzheng ranked second and third with cumulative sales of 105 and 87 units, respectively, and their market shares increased by 6.17 and 5.05 percentage points year-on-year [10].