Core Insights - In October 2025, China's sales of new energy heavy trucks exceeded 20,000 units, marking a year-on-year increase of 144% [1][3] - New energy tractors remain the most prominent segment within the new energy heavy truck market, with sales reaching 15,500 units in October 2025, reflecting a year-on-year growth of 154% [3][5] Sales Performance - The total sales of new energy heavy trucks in October 2025 were 20,100 units, a decrease of 17% month-on-month but an increase of 144% year-on-year [3] - New energy tractors accounted for 77.34% of the new energy heavy truck market in October 2025, slightly down from 78.28% the previous month [6] - From January to October 2025, new energy tractors achieved a market share of 75.74%, significantly up from 67.99% in 2024 [6] Monthly Trends - The monthly sales of new energy tractors have consistently exceeded 10,000 units since March 2025, with October's sales being the second highest on record [8] - The sales figures for new energy tractors in the months of June to October 2025 were among the highest ever recorded [8] Market Composition - In October 2025, the overall sales of heavy trucks reached 70,100 units, with new energy tractors making up 36.40% of the total sales [10] - The penetration rate of new energy tractors in the heavy truck market has increased significantly compared to previous years, with a year-to-date share of 33.21% [10] Fuel Type Distribution - The majority of new energy tractors sold in 2025 were pure electric, with 11,760 units out of 11,960 total new energy tractors [12] Regional Distribution - New energy tractors have been registered in all 31 provincial-level regions in China, with Shanghai and Guangdong accounting for over one-third of the market share [14] Competitive Landscape - In October 2025, XCMG led the monthly sales with 2,601 units, followed by FAW Liberation and SANY with 2,244 and 2,095 units respectively [19] - The number of market participants in the new energy tractor sector reached 29 by the end of October 2025, indicating a competitive and growing market [20] Year-to-Date Performance - From January to October 2025, cumulative sales of new energy tractors reached 119,600 units, representing a year-on-year increase of 227% [21][24] - The top six companies in the new energy tractor market all surpassed 10,000 units in sales during this period [21] Market Share Analysis - The top three companies, FAW Liberation, XCMG, and SANY, accounted for 16.53%, 16.10%, and 13.28% of the market share respectively [24][26] - Compared to the previous year, FAW Liberation saw the most significant increase in market share, rising by 3.53 percentage points [24] Conclusion - The new energy tractor market has experienced explosive growth in 2025, with an average monthly year-on-year growth rate of 247% [28]

几乎全是新能源？第401批公示申报的牵引车新品，简直太劲爆了！ 据第一商用车网统计，工信部近期发布的第401批新车公示中，牵引车领域共计申报了38款新车。其中，新能源牵引车申报数量高达37 款，占比超97%，如此高的占比可谓是"前所未有"；传统能源牵引车仅有1款申报，是一款非插电式混合动力车型。 从产品类别来看，37款新能源牵引车中，充电车27款，换电车3款，燃料电池车5款，插电混合动力2款。其中，充电牵引车申报数量居 年内最高，占比超七成；燃料电池和插电式混合动力牵引车虽在新能源重卡销量占比不高，但近8个批次每批都有企业申报相应新车产 品；相比而言，换电牵引车似乎备受"冷落"，本批次申报数量居年内最低。 看点一：福田/红岩申报数量居前二 解放/金龙并列第三 从生产厂家来看，第401批新车公示申报的38款牵引车，来自18家企业。福田系数量最多，福田戴姆勒和福田卡文汽车共计申报7款新 能源牵引车，既有欧曼银河9，也有卡文重卡Beacon；上汽红岩数量第二，申报了5款新能源牵引车，上次申报还是在2024年6月的第 384批公示，时隔17个月终于强势归来；一汽解放和厦门金龙各申报4款，解放申报车型为2款充电+1款换 ...

Core Viewpoint - In October 2025, the sales of new energy heavy trucks in China continued to maintain a high level, with overall sales exceeding 17,000 units, a year-on-year increase of 153% [1]. New Energy Tractor Truck Market Performance - In October 2025, 13,300 new energy tractor trucks were added, marking a year-on-year increase of 148% and a month-on-month decrease of 26% [4]. - The year-on-year growth rate of 148% for new energy tractor trucks was 5 percentage points lower than the overall growth rate of new energy heavy trucks [4]. - 30 provincial-level administrative regions saw new additions of new energy tractor trucks, with Shanghai leading by adding over 2,000 units [4]. - Cumulatively, by October 2025, 29 provincial-level regions had sales exceeding 100 units, and 23 regions exceeded 1,000 units [6]. Company Sales Performance - In October 2025, 12 companies sold over 100 new energy tractor trucks, with 7 companies exceeding 1,000 units [7]. - XCMG topped the monthly sales chart with 2,239 units sold, followed by Jiefang with 1,955 units and SANY with 1,841 units [8][9]. - The top ten companies mostly achieved year-on-year growth, with XCMG, Shaanxi Automobile, and Heavy Truck showing significant increases of 231%, 244%, and 273% respectively [10]. Cumulative Sales Data - From January to October 2025, cumulative sales of new energy tractor trucks reached 109,800 units, a year-on-year increase of 239% [13]. - The top three companies in cumulative sales were Jiefang (18,200 units), XCMG (17,400 units), and SANY (15,600 units) [14]. - The market share of the top five companies exceeded 10%, with Jiefang holding 16.58% and XCMG 15.84% [17]. Market Outlook - The performance of the new energy tractor truck market in October was strong, with expectations for continued high sales and growth rates in the remaining months of 2025 [19].

Core Viewpoint - In September 2025, domestic tractor truck sales experienced a significant year-on-year increase of 124%, marking a "six consecutive months of growth" trend. Cumulative sales for the year increased by 36% compared to the same period last year, with a net increase of over 84,500 units [1][4][29]. Sales Performance - In September 2025, the actual sales of tractor trucks reached 50,700 units, representing a month-on-month increase of 28% and a year-on-year increase of 124%. This growth rate is 32 percentage points higher than the overall heavy truck market growth rate of 92% [4][11]. - The sales of tractor trucks accounted for approximately 60.75% of the total heavy truck market in September, an increase from 59.30% in the previous month and significantly higher than the 53.10% share in 2024 [6][15]. - The cumulative sales from January to September 2025 reached 317,400 units, with a year-on-year growth of 36%, an increase of 9 percentage points compared to the growth rate after August [18][21]. Market Share and Competition - The top ten companies in the tractor truck market accounted for 96.30% of the total market share in September, with the leading company, FAW Jiefang, holding over 20% of the market share at 23.30% [15][21]. - In September, FAW Jiefang sold 11,800 units, followed by China National Heavy Duty Truck Group with 9,175 units and Foton Motor with 7,252 units, all of which achieved year-on-year growth [9][12]. New Energy Vehicles - The proportion of new energy vehicles in the tractor truck market reached nearly one-third in the first nine months of 2025, with significant growth in pure electric tractor trucks, which saw a year-on-year increase of 266% [25][27]. - The market share of gas-powered tractor trucks decreased by nearly 18 percentage points compared to the same period last year, while the share of pure electric tractor trucks increased significantly [23][25]. Future Outlook - The tractor truck market has shown a continuous upward trend since April 2025, with a cumulative year-on-year growth of 36% expected to continue into the last quarter of the year. The performance of new energy and gas-powered tractor trucks will remain crucial for market dynamics [29].

Core Viewpoint - The sales of new energy heavy trucks in China have surged significantly, with a record monthly sales of over 24,000 units in September 2025, marking a year-on-year increase of 206% [1][2]. Sales Performance - In September 2025, new energy traction trucks sold 18,900 units, representing a month-on-month increase of 35% and a year-on-year increase of 234%, continuing a strong upward trend [2][12]. - The overall sales of heavy trucks reached 83,400 units in September, with traction trucks accounting for 50,700 units, a year-on-year increase of 124% [8]. Market Share - New energy traction trucks held a market share of 78.28% in the new energy heavy truck segment in September 2025, slightly down from the previous month [4]. - For the first nine months of 2025, the market share of new energy traction trucks was 32.78%, significantly higher than the 17.43% share in 2024 [8]. Growth Trends - The monthly sales figures for new energy traction trucks from March to September 2025 have consistently ranked among the highest in history, indicating robust market performance [6]. - Cumulatively, from January to September 2025, new energy traction truck sales reached 104,000 units, a year-on-year increase of 242% [15][21]. Leading Companies - In September 2025, the top-selling companies included Jiefang with 3,527 units, followed by Xugong with 2,857 units, and SANY with 2,314 units [14]. - The leading companies have shown substantial growth, with Jiefang and Xugong increasing their sales by 364% and 254% respectively compared to the previous year [19]. Market Dynamics - The number of players in the new energy traction truck market has increased, with 30 participants in 2024 and 29 by September 2025, indicating a competitive landscape [15]. - The market is characterized by a high penetration rate of new energy traction trucks, with a record monthly penetration of 37.27% in September 2025 [8][12].

Core Insights - The article discusses the rapid growth and trends in the new energy commercial vehicle market, particularly focusing on electric trucks and the impact of government policies on this sector [4][21]. Policy and Regulations - The Ministry of Transport and six other departments have jointly issued implementation opinions on "AI + Transportation," aiming for widespread application of AI in the transportation sector by 2027 and deep integration by 2030 [6][8]. - The National Development and Reform Commission has announced measures to regulate price competition, urging operators to adhere to pricing guidelines to maintain market order [9][11]. Market Insights - From January to August 2025, sales of new energy tractors increased by 243.5% year-on-year, reaching 85,100 units, with a penetration rate of 31.9% [21][25]. - The mainstream products in the market are those with battery capacities between 301-430 kWh, while products with capacities of 500-600 kWh are rapidly gaining traction [25][31]. - Traditional heavy truck manufacturers are accelerating their entry into the new energy vehicle market, intensifying competition [25][32]. - Future demand is expected to shift from short-distance transport to long-haul transportation scenarios [33][35]. Company Monitoring - Changan Automobile has launched new models, including the "Xingta" and "Kua Yue Xingguang," focusing on user experience and comfort [38][40]. - Zhongtong Bus has introduced the H12E-Plus and N12D electric buses, specifically designed for the European market [42][48]. - Supao Technology has partnered with Alltrucks to provide comprehensive service support for its electric truck customers across Europe [46][50].

Core Viewpoint - The commercial vehicle market is experiencing significant pressure due to increased competition, with a notable shift towards new energy vehicles, particularly in the tractor segment, where new energy tractor share has reached nearly 32% by August 2025, while gas-powered tractors have decreased by nearly 20 percentage points compared to the same period last year [1][3]. Group 1: Market Trends - The tractor market has seen a substantial increase in new energy vehicle applications, with 39 new energy tractors registered in the latest announcement, marking a record high for the year [3]. - The structure of new energy tractors is diversifying, with charging tractors making up 61.5% of the new applications, while battery swap tractors are declining significantly [6][9]. - The trend indicates a growing preference for charging and fuel cell technologies, while battery swap technology is losing traction [6][8]. Group 2: Company Developments - Yutong Commercial Vehicle has emerged as a leader in the new energy tractor segment, submitting 18 new models, including 13 pure electric tractors [13][17]. - Heavy-duty gas tractors are also gaining attention, with China National Heavy Duty Truck Group launching a new model with a power output of 750 horsepower, indicating strong R&D capabilities in the high-power gas truck market [18][21]. - Dongfeng Commercial Vehicle and FAW Liberation have both introduced new pure electric tractors, showcasing advancements in battery layout and design [22][27]. Group 3: Technological Innovations - The latest electric tractor from Shaanxi Automobile has set a new record with a peak power of 620 kW, highlighting advancements in electric motor technology [29][30]. - SANY has introduced a charging tractor with a battery capacity of 882 kWh and a range of 700 kilometers, indicating a shift towards longer-range electric heavy-duty vehicles [31].

Core Viewpoint - In September 2025, China's monthly sales of new energy heavy trucks exceeded 20,000 units for the first time, marking a year-on-year increase of 252% [1]. Group 1: Market Performance - In September, the new energy tractor truck segment saw an addition of 17,900 units, representing a year-on-year surge of 279% and a month-on-month increase of 37% [5]. - The new energy tractor truck market achieved a record monthly sales figure, with a total of 17,900 units sold, which is approximately 3.8 times the sales from September of the previous year [5][20]. - The growth rate of 279% in September for new energy tractor trucks outpaced the overall market growth of 252% for new energy heavy trucks [5]. Group 2: Regional Insights - In September, 30 provincial-level administrative regions in China reported new additions of new energy tractor trucks, with 25 regions adding over 100 units each [6]. - Shanghai led the regions with over 3,000 new energy tractor trucks added in September, continuing a three-month streak of surpassing this figure [6]. Group 3: Company Performance - Seven companies achieved monthly sales exceeding 1,000 units in September, with Jiefang leading at 3,426 units, followed by Xugong with 2,926 units and Sany with 2,348 units [10][11]. - The top ten companies in the new energy tractor truck market all experienced significant year-on-year growth, with Jiefang, Xugong, and Sany being the top three competitors [12][14]. - Cumulatively, from January to September 2025, new energy tractor truck sales reached 96,200 units, reflecting a year-on-year increase of 257% [14]. Group 4: Market Share - The top five companies in the new energy tractor truck market hold market shares exceeding 10%, with Jiefang at 16.85%, Xugong at 15.72%, and Sany at 14.26% [18]. - The competition in the new energy tractor truck market remains intense, with companies frequently changing positions in the rankings [18].

Core Viewpoint - In August 2025, domestic tractor truck terminal sales experienced a significant year-on-year increase of 83%, marking a "five consecutive months of growth" trend. Cumulatively, tractor truck sales from January to August 2025 increased by nearly 30% compared to the same period last year, with a net increase of over 56,000 units [1][30]. Group 1: Sales Performance - In August 2025, the actual sales of domestic tractor trucks reached 39,600 units, representing a month-on-month increase of 13% and a year-on-year increase of 83%. This growth rate is significantly higher than the overall heavy truck market's growth of 66% [3][6]. - The market share of tractor trucks in the overall heavy truck market reached approximately 59.30% in August, up from 54.41% in July and 53.10% for the entire year of 2024 [5][12]. - The cumulative sales of tractor trucks from January to August 2025 reached 266,700 units, with a year-on-year growth of 27%, an increase of 7 percentage points compared to the growth rate after July [18][22]. Group 2: Brand Performance - In August 2025, the top-selling brand, Jiefang, sold 9,174 units, achieving a year-on-year growth of 72%. Other brands such as China National Heavy Duty Truck and Foton also saw significant increases, with sales of 7,222 units (88% growth) and 5,866 units (90% growth) respectively [9][12][14]. - The top 12 companies in the tractor truck market all achieved sales growth in August, with companies like Xugong, Sany, and United Heavy Truck experiencing more than double growth rates of 156%, 212%, and 216% respectively [14][19]. - The top ten companies accounted for 95.99% of the market share in August, with the top five companies each holding over 10% market share. Jiefang led with a market share of 23.17% [17][22]. Group 3: Market Trends - The market for tractor trucks is experiencing a shift in fuel types, with the share of gas-powered trucks declining by over 20 percentage points compared to the previous year, while the share of pure electric trucks increased by 20.74 percentage points [24][26]. - From January to August 2025, the share of new energy vehicles in tractor truck sales reached 31.93%, significantly higher than the 17.43% share in 2024 [26][28]. - The competition in the tractor truck market remains intense, with the performance of new energy vehicles continuing to be a key factor influencing market dynamics [30].

Core Viewpoint - China National Heavy Duty Truck Group (CNHTC) has successfully held a roadshow across six major cities in Vietnam, securing over 800 orders, which highlights its leading position and brand influence in the Vietnamese market [1][3]. Group 1: Event Overview - The roadshow showcased key products such as heavy trucks and engineering vehicles, and included interactive activities like test drives and technical exchanges, allowing customers to experience the reliability and applicability of CNHTC products firsthand [3]. - The event further solidified CNHTC's competitive advantage in the Vietnamese market and injected new momentum into future collaborations [7]. Group 2: Market Strategy - CNHTC has been deeply rooted in the Vietnamese market for many years, adhering to a localization strategy that focuses on optimizing its product matrix and service system [5]. - The company has established a comprehensive sales and after-sales service network covering the entire Vietnam, with 35 joint service stations and ongoing expansion into lower-tier markets [5]. - The parts supply system has been increasingly refined to provide efficient and comprehensive support for user operational needs, enhancing brand competitiveness and customer satisfaction [5]. Group 3: Future Outlook - CNHTC plans to continue deepening cooperation with Vietnamese partners, expanding into more fields, and elevating the level of collaboration to support Vietnam's transportation and green low-carbon development with high-quality products and services [7].