Core Insights - Foton Motor reported a total sales volume of 327,000 units in the first half of the year, representing a year-on-year increase of 9.1% [1] - Heavy truck sales reached nearly 67,000 units, showing a significant year-on-year growth of 74.3% [1] - Sales of new energy vehicles exceeded 50,000 units, marking a remarkable year-on-year surge of 151% [1] Group 1: Sales Performance - The company achieved collaborative growth across various market segments, including heavy trucks, light trucks, vans, new energy, and export businesses [1] - The export business continues to lead the industry, indicating strong international demand [1] Group 2: Strategic Initiatives - Foton Motor plans to focus on the transformation towards new energy, integrating ecological business into the dealer system, and enhancing the market share of traditional businesses [1][2] - The company aims to encourage domestic dealers to actively engage in overseas operations and implement special enhancement plans for underperforming businesses [1] Group 3: Product Development - Foton launched the new pure electric light truck platform "Qimingxing" and several electric technologies, including the "Aiyike" super electric drive [2] - Four new energy products were introduced, catering to different scenarios: Xiangling U7, Fengjing T7, Foton Kavenledi, and Ouman Galaxy pure electric products [2] Group 4: Future Goals - The company is committed to deepening organizational management innovation in marketing, R&D, and manufacturing, aiming for comprehensive internationalization, new energy, and intelligence [2] - Foton targets to increase the proportion of new energy vehicle sales to 50% by 2030 [2]

Core Viewpoint - The article emphasizes that the promotion of new energy commercial vehicles has shifted from policy-driven to market demand, with Foton Motor set to reveal its strategic plans at the 2025 mid-year business conference [1][11]. Product Focus - Foton Motor's upcoming products are aimed at the urban logistics sector, addressing operational pain points in delivery and city distribution, thereby enhancing its competitiveness in the new energy urban distribution market [7]. - The new Karwen Le Di, a pure electric urban logistics vehicle, will be introduced, featuring a peak power of 90kW and a range of 360 kilometers, catering to various urban logistics needs [7]. - The Xiangling U7, a pure electric VAN, will also be launched, targeting the small and micro commercial vehicle segment, thus expanding the Xiangling brand's product lineup [8]. - Another anticipated product, the Fengjing T7, is expected to be a pure electric micro truck, enhancing Foton's offerings in the rapidly growing new energy segment [8]. Strategic Direction - The invitation for the conference indicates a systematic approach to advancing Foton's "comprehensive electrification" strategy, aiming to fully electrify its commercial vehicle product line [11][12]. - Foton's strategy aligns with the broader goals of achieving carbon neutrality and responding to the green logistics development opportunities, marking a significant shift in the competitive landscape [11][12]. - The introduction of high-end products like the Ouman Galaxy New Energy and the new platform light truck strategy reflects Foton's ambition to enhance its brand image and market position in the new energy heavy truck sector [9][12]. Long-term Vision - Foton is committed to a long-term strategy that emphasizes sustainable development and the transition to new energy, with specific targets for carbon peak and neutrality by 2028 and 2035, respectively [12][13]. - The upcoming product launches will serve as a demonstration of Foton's long-term strategic vision, with a focus on delivering sustainable competitive advantages through innovation and operational excellence [13][16].