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Industry Status: New Energy and LNG Models Become Growth EnginesAt the beginning of 2025, the Chinese heavy-duty truck market showed a differentiated trend. According to the latest industry data, the sales of traditional fuel heavy-duty trucks in the first two months decreased by 3% year-on-year. However, LNG (Liquefied Natural Gas) heavy-duty trucks and new energy heavy-duty trucks performed remarkably, achieving year-on-year growth of 9% and 170% respectively, with penetration rates hitting new highs of 23.8% and 14.3%.

The truck parts industry is experiencing a significant upswing as the demand for commercial vehicles continues to rise globally. With the expansion of e-commerce and the need for efficient logistics, the market for truck components such as engines, transmissions, and braking systems is expanding rapidly. Industry analysts predict that this trend will persist, driven by technological advancements and the increasing adoption of electric and autonomous trucks.

In the first half of 2024, China National Heavy Duty Truck (CNHTC) continued to lead the heavy truck industry, and with sales of 139,400 units and a market share of 27.63%, the company won the first place in the first half of 2024 in terms of sales of heavy trucks and market share.August 8 news, an investor in the interactive platform to China National Heavy Duty Truck asked questions related to intelligent driving, the company replied that it has been committed to intelligent driving and driverless truck technology research and development and scientific and technological innovation, and with

March 28, 2025, Linyi, China – Shandong Lingong Construction Machinery Co., Ltd. (SDLG) today announced the launch of its self-developed third-generation intelligent truck component system, encompassing power 总成，transmission systems, and intelligent electronic control modules. This series aims to enhance the reliability and energy efficiency of global logistics equipment. The products have obtained EU CE certification and undergone large-scale application verification in markets such as Brazil and Southeast Asia.Core Technological Breakthroughs and Product Highlights1.

According to local media reports, Sinotruk, a Chinese truck manufacturer, is launching its Russian office. According to the company's press office, this move is to comprehensively support the SITRAK and Howo brands, including developing the dealer network and providing spare parts directly from the manufacturer's factory.As early as 2007, the first truck models of Sinotruk appeared on the Russian market. These vehicles were provided by dealers and gradually strengthened their position in the Russian market.

Recently, in the field of construction machinery, Shaanxi Tonly Heavy Industry Co., Ltd. has once again become the focus of the industry's attention. As a pioneer and leader in the off - highway wide - body dump truck industry, Tonly Heavy Industry has continuously achieved breakthroughs in technological innovation and international cooperation.It is reported that Tonly Heavy Industry has successfully launched the first 91 - ton battery - swapping wide - body mining truck and reached a cooperation with Rio Tinto, a global mining giant.

Introduction to Sinotruk Dump Trucks  Sinotruk stands tall as a prominent manufacturer renowned for producing robust heavy-duty trucks that excel in demanding industrial applications worldwide. Specializing in a wide range of commercial vehicles, Sinotruk has carved a distinguished niche in the construction sector with its exceptional dump trucks.  These vehicles play a pivotal role in construction operations by facilitating the efficient transport and deployment of materials like earth, gravel, and debris.

February 20, 2024 news, Shaanqi Xinjiang Automobile Co., Ltd. ushered in the year of the dragon “open the door”. After resumption of work after the Spring Festival, the company has received orders for 862 vehicles, which are expected to be delivered in March, of which 396 are export orders. 2023, Shaanqi Xinjiang Company produced and sold 5,270 heavy-duty trucks, of which 3,390 were exported, an increase of 108% compared with the same period.

On July 14, 2024, Weichai Power released an earnings forecast announcement, in which it expected to achieve net profit of about RMB5.46-62.04 billion in the first half of the year, representing a year-on-year growth of 40%-60%; and net profit of about RMB5.06-5.78 billion after deduction of net profit, representing a year-on-year growth of 40%-60%, which is more than the market expectation.