XCMG Releases Five-Year Development Plan for New Energy Commercial Vehicle
After gaining government permit to produce new energy vehicles, XCMG has rolled out NXG5081XXYBEV electric logistic vehicle and electric compression-type garbage truck, both of which have been listed among China’s New Energy Model Vehicles and New Energy Vehicle Catalog Exempt from Vehicle Purchase Tax.
Recently, XCMG announced that it has secured a deal from a customer in Jiangsu province, marking a new milestone for its new energy commercial vehicle business.
Statistics show that China’s production and sales volume of new energy vehicles reached 794,000 units and 777,000 units respectively in 2017, up by 53.8% and 53.3% year on year, showing a robust growing momentum and demonstrating the a huge market potential. To grasp the great opportunity, XCMG has mapped out a detailed blueprint for its business expansion, aiming to diversify its current product line and strengthen its overall competitiveness in the market.
Currently, XCMG is investing heavily in new energy vehicles for transporting frozen products, new energy power supply vehicles, new energy heavy-duty trucks and new energy high-altitude work vehicles, etc.
Within the next five years, XCMG aims to increase its annual production volume of various new energy commercial vehicles to 10,000 units and annual sales income to three billion RMB. (www.chinatrucks.com)
Views:0
- China’s First Mining Specialized Remote Sensing Satellite Launched 2023-07-25
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April 2023-06-13
- CONEXPO-CON/AGG 2023: XCMG Showcased Two Wide-Body Mining Dumpers 2023-03-21
- XCMG Announces Entry into Light Truck Sector, Aims to Sell 10,000 Units in 2023 2022-12-29
- 10 XCMG XPT70E Electric Offset Tractors Were Delivered 2022-12-23
- XCMG Selected as World's 500 Most Influential Brands for 4 Consecutive Years 2022-12-23
- XCMG Delivered 100 hydrogen-fueled heavy trucks to Sinosynergypower 2022-12-14
- XCMG Presents Its New Energy Products at Fiedays in New Zealand 2022-12-08
- Construction Machinery Trade Fair BAUMA 2022 Opens in Munich, Germany 2022-10-31
- XCMG Names Allison as Exclusive Provider of Transmission for All-Terrain Crane 2022-10-25
Submit Your Requirements, We Are Always At Your Service.
- World’s First All-electric Scania Car Transporter Goes into Service
- China’s First Mining Specialized Remote Sensing Satellite Launched
- SINOTRUK Delivers Full Year 2022 Results, Heavy Truck Sales Down 52.50%
- FOTON and Cummins Team up to Build a New Engine Plant in Thailand
- SANY Awarded as 2022 Forbes China TOP 50 Sustainable DEV Industrial Enterprises
- Daimler Trucks and Buses Signs Deal with XCMG Fire Fighting
- FAW Jiefang Sichuan Branch Was Officially Established
- Bus & Truck Expo Set to be Held in May 2023
- Yutong, SCG Signed MoU for Green Mining in Thailand
- CAT Displays Its First Battery Electric Large Mining Truck
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade
- China’s Pickup Exports Jumped 65% YOY in 2022
- China's Truck Exports Grew by 42% YOY to 53,000 Units in November
- Heavy Truck Sales in China Fell by 9% YoY to 46000 Units in Nov.