Core Insights - The article discusses the growth and developments in the new energy commercial vehicle sector, highlighting significant sales increases and new product launches in the market [5][17][29]. Policy and Regulations - The Ministry of Industry and Information Technology (MIIT) is promoting the establishment of national emerging industry development demonstration bases, aiming to create around 100 park-type and 1,000 enterprise-type bases by 2035, focusing on new technologies and industries such as new energy and intelligent connected vehicles [10][11][14]. Market Insights - In the first ten months of 2025, sales of Changan's new energy VANs increased by 72.9%, with the medium VAN segment accounting for over 60% of total sales [17][18]. - The large VAN market saw a remarkable growth of 344.5% for the Kai Cheng V919 model during the same period, with the model's new version launched in November [23]. - The small VAN market also experienced significant growth, with the Rui Xing EM80Ⅱ and EM60Ⅱ models increasing by 127.6% and 416.3%, respectively [27][28]. Company Monitoring - Changan Automobile is advancing its "Three Major Plans" to enhance its core competitiveness in the new energy sector, with a commitment to invest 100 billion yuan in new energy projects by 2025 [29]. - Chery Commercial Vehicle launched the Zero Meter Light Truck, targeting urban distribution needs with advanced energy efficiency features [33]. - Foton Motor introduced the Aoling Zhi Lan EL cold region version, addressing winter operational challenges for electric light trucks [38]. - GAC's Lingcheng T9 new energy heavy truck was launched, featuring a fully self-developed three-electric system [40].

Core Insights - The current urban logistics delivery is evolving towards efficiency and sustainability under the dual pressures of low-carbon management and intensified industry competition, necessitating improvements in electric light trucks to enhance efficiency, reduce energy consumption, and ensure reliability [1][4] - The Zero Mi light truck, known as the Golden Ship, aims to break the conventional focus on range by adopting a "precision calculation" approach to better meet urban logistics demands through precise energy management and rapid power response [1][4] Product Features - The Golden Ship features a CATL CTP 3.0 single-package battery, enabling a low-energy consumption range of 305 kilometers, which aligns with the average daily urban logistics requirement of 250 kilometers [1] - The vehicle supports 2C dual-gun fast charging, allowing a charge from 20% to 80% in just 20 minutes, thus enhancing operational efficiency [1] - With a 100.07 kWh battery, the Golden Ship meets the majority of urban logistics scenarios, ensuring sufficient power, lower costs, and higher efficiency [1] Market Strategy - The Zero Mi light truck offers four variants: operation version, express version, comfort version, and premium version, with a market starting price of 126,800 yuan, and received 95 orders at the launch event [4] - The company emphasizes the importance of accurately matching products to diverse user needs to enhance competitiveness in the ongoing value reconstruction within the urban logistics industry [4] Brand and Value Retention - The low residual value of pure electric light trucks has been a significant barrier to market growth, influenced by past experiences with battery cost declines and early technology limitations [5] - Zero Mi light trucks have achieved a high residual value in the second-hand market, particularly in regions like the Yangtze River Delta, where they have gained significant market share [5][6] - The brand's commitment to technological leadership, strong branding, and full lifecycle services contributes to maintaining high product value [6] Service Commitment - The company has established a robust after-sales service framework, addressing challenges in the electric commercial vehicle sector, particularly in high-voltage maintenance [7] - Zero Mi light trucks offer a range of service commitments, including rapid rescue services and optimized customer experiences, to address common pain points faced by truck drivers [7][10] - The service radius currently extends to 78 kilometers, with plans to reduce it to within 50 kilometers next year, supported by a parts reserve of 30 million yuan [10]