Shanghai Securities News Focus|New Energy Heavy Truck Industry Starts "Accelerating Run"

After the Spring Festival holiday, Shanghai Securities News focused on the new energy heavy truck industry and reported in depthSany heavy truck"Crossing the breakthrough point, the new energy heavy truck industry has started to accelerate", Xinhua News Agency client has more than one million views. The following is the original report:

Just after the Spring Festival holiday, a reporter from Shanghai Securities News walked into the Sany Zhilian Heavy Truck Industrial Park in Changsha, Hunan, which was already a lively scene of rushing to produce and stocking up. "The rapid growth of the industry in 2025 has become a consensus, and we are hurrying to stock up to meet the peak season of the new energy heavy truck industry from March to May." Hu Penghui, supervisor of the HSE management department of Sany Commercial Vehicle Manufacturing Company, is full of confidence.

In 2024, China's new energy heavy truck industry will grow by leaps and bounds, and its sales will grow rapidly: the monthly sales volume in December will hit a record of 15,200 units, and the annual sales volume will reach 82,000 units, a year-on-year increase of 140%; The annual market penetration rate increased to 13.61%, and the monthly penetration rate was as high as 21.89% in December. In January this year, the off-season of the new energy heavy truck industry was not light, and the sales volume has increased significantly year-on-year for 24 consecutive months.

"Similar to the development path of new energy passenger vehicles, the new energy heavy truck industry has also ushered in a turning point and crossed a breakthrough point. In the next five years, the new energy heavy truck market will continue to grow at a high rate, and the penetration rate is expected to gradually increase to 50% or even higher. Luo Changguo, senior deputy general manager of Sany Group and general manager of Sany Heavy Truck, told reporters.

The new energy heavy truck industry is expected to continue its high growth

The reporter saw in the intelligent manufacturing workshop of Sany Heavy Truck that more than 200 robots were busy with workers, and more than 700 AGVs (automatic guided vehicles) were shuttling in an orderly manner; At the delivery site, the new energy heavy trucks waiting to be shipped are neatly arranged, and many of the heavy trucks with different paint colors will be sent overseas.

In 2022, Sany Heavy Truck will open the Zhilian Heavy Truck Industrial Park with an investment of more than 22 billion yuan, and the workshop has fully realized 5G communication, and the informatization efficiency has been improved by 10 times compared with traditional factories, and a truck can be rolled off the assembly line every 4 minutes under full load operation, making it one of the modern heavy truck factories with the highest degree of automation and the largest production capacity (300,000 units/year) in the world.

"This robot operation area is completely unmanned, and it is a real 'black light factory', which greatly improves production efficiency." Hu Penghui pointed to a corner of the intelligent manufacturing workshop of Sany Heavy Truck.

At present, new energy heavy trucks are mainly charging heavy trucks, with an actual mileage of 300 kilometers and below, and the main use scenarios are mines, steel mills, ports, intercity logistics, etc. With the introduction and popularization of new energy heavy trucks with longer cruising range, the industry is expected to usher in leapfrog development.

Market drives have become the dominant force

Xiang Wenbo, chairman of Sany Group, said that the transportation industry is one of the important industries for carbon emissions, and China is at the forefront of the world in low-carbon emission reduction and electrification of passenger vehicles, but the low-carbon of commercial vehicles is also worthy of attention. According to statistics, the number of commercial vehicles accounts for only 12% of the total number of cars, and its carbon emissions account for 55.4%.

"The new energy of heavy trucks is an inevitable choice to achieve the 'double carbon' goal." Luo Changguo believes that in terms of new energy, heavy trucks started a little late, and are still in the stage of "market + policy" driven, but the market drive has dominated.

"Compared with fuel heavy trucks, new energy heavy trucks reflect strong commercial advantages and alternative advantages, and the industry is vigorous." A person in the heavy truck industry said.

According to the data of the first commercial vehicle network, from September to December 2024, it is the highest sales volume in the history of the new energy heavy truck market in the past four months, with an average monthly sales of 10,300 units.

Luo Changguo believes that three factors continue to promote the high sales of new energy heavy trucks: first, the electrification of passenger cars is in the forefront, cultivating customer awareness and the integrity of the industrial chain; Second, the new energy heavy truck itself has shown a significant advantage in operating income, and its freight cost of about 1 yuan/km is compared with the freight cost of about 3 yuan/km of fuel heavy trucks, which has formed a "dimensionality reduction blow"; Third, the large-scale production of batteries and the reduction of costs have led to the continuous decline in the price of new energy heavy trucks, and the downstream acceptance has been further improved.

New forces and old brands compete in the same field

Just like the development path of new energy passenger vehicles, at present, the new energy heavy truck industry is also showing a situation of new forces and old brands competing in the same field. "The new forces are temporarily in the leading position, and the old heavy truck companies have also begun to make efforts to catch up in the new energy." The above-mentioned heavy truck industry people said.

Beidou data shows that in 2024, Sany will have 11,779 heavy trucks, a year-on-year increase of 177.4%, and a market share of 17.6%.

Sany Group is fully implementing the globalization, digital intelligence, and low-carbon transformation strategy, and is committed to becoming a leading enterprise in the field of low-carbon and electrification, and empowering the whole society to low-carbon through the development of wind, solar, and hydrogen storage new energy industry." Luo Changguo said.

Source: Shanghai Securities News Author: Xia Zihang