Geely Yuan Cheng Reports 626% Rise in H1, 2021
Recently, Zhejiang Geely New Energy Commercial Vehicle Group (GCV) released its sales data for the first half of the year. In the six months, GCV’s sales volume significantly increased 626%, which is so much higher than that of commercial market (26%) and new energy commercial market (77%).
With an increase of 626% year-on-year, GCV has moved up to the second place among all the new energy commercial vehicle makers. Particularly, the light-duty new energy trucks with a growth rate of 1117.5% year on year, recorded a market of 24.9%, ranking the first place.
The commercial vehicle makers have committed to accelerating their efforts to low-carbon tech development with the recent pledge to achieve carbon neutrality by 2060. In the first half of the year, GCV has seen a significantly increase in almost all its new energy business segment s including light-duty trucks, light buses, and mini buses.
New energy penetration rate is predicted to rise from the current 2.7% in 2020 to 30% by 2030. In the next decade, there is a very good chance overall, in the new energy vehicle market.
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021
