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Battery electric logistics vehicle growth weakens in May; market share of 3.5-4.5-ton vehicles rise

In the first five months of 2018, the Chinese market for electric logistics vehicles is marked by two characteristics. Firstly, despite the rapid growths in the overall market, the growth in the electric logistics vehicle segment is beginning to slow. Secondly, the 3.5-ton and 4.5-ton segments continue to dominate, taking

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January-May tractor market: mixed performance among top 10 players

The tractor segment of the heavy-duty truck market has been under a lot of pressure lately. Between January and May 559,000 heavy-duty trucks were sold, up 15.2 percent year-on-year. Tractors accounted for 40 percent of those sales, still the largest segment, but this is 15.9 percentage points lower than the

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May heavy-duty truck sales top 110,000 units, one million units likely for 2018

The heavy-duty truck market just witnessed its fourth month of record sales so far in 2018. About 114,000 heavy-duty trucks were sold in May, up 17 percent, while sales through to May topped 560,000 units, up 15 percent year-on-year, according to the latest manufacturer reported data obtained by cvworld.cn. May

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Sales of top 10 new energy logistics vehicle manufacturers exceed 93,000 units in 2017: a regional analysis

China’s top 10 new energy logistics vehicle manufacturers sold more than 93,000 units, accounting for over 60 percent of the total market. The top 10 manufacturers were Dongfeng, Shaanxi Tongjia, Hubei Xinchufeng, Chongqing Ruichi, Nanjing King Long, Zhongtong Bus, Chengdu Dayun, Chery, Victory Auto and Geely Commercial Vehicle. With falling subsidies in

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Senior execs weigh in on future prospects of battery electric heavy-duty trucks

Shaanxi Automobile Holding Chairman Yuan Hongming, Dayun Group Chairman Yuan Qinshan and BYD Chairman Wang Chuanfu all see good prospects for battery electric heavy-duty trucks. But with heavy payload and long transport distances, is there a market for such vehicles considering the lack of charging infrastructure and heavy weight and

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China heavy-duty truck sales surge 52.38 percent in 2017

China produced and sold 1,149,700 and 1,116,900 heavy-duty trucks in 2017, a surge of 55.07 and 52.38 percent from the previous year, according to statistics released by China Association of Automobile Manufacturers (CAAM) on January 11. Although heavy-duty truck market experienced a decline in the last two months of 2017

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November heavy-duty truck sales down 9 percent, but YTD sales top one million units

After a year of explosive growth, the heavy-duty truck market had its first year-on-year sales drop in November but sales through to November nevertheless topped one million units as expected, according to the latest data reported by truck manufacturers. Sales of heavy-duty trucks shrank 9 percent in the month from

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Natural gas heavy-duty truck production growth “slows” to 372 percent in October

China produced 7,671 natural gas heavy-duty trucks in October 2017, up 372 percent from a year earlier, according to the latest factory production certification data from the Ministry of Industry and Information Technology (MIIT). While the market is still surging, the production volume was 34 percent off from that of

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Growth tapers off: October heavy-duty truck sales up 32 percent to 92,000 units

October heavy-duty truck sales were up 32 percent from the previous year to 92,000 units, but shrank 9 percent from September, according to the latest data provided by manufacturers, showing signs of growth tapering off after a strong fourth quarter 2016. October numbers reflect two key trends. First, monthly sales

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September heavy-duty truck sales surge 89 percent to 100,000 units

China’s monthly sales of heavy-duty trucks have broken records for four consecutive months after sales topped 100,000 units in September, according to the latest data reported by manufacturers. That follows 97,576, 90,213 and 93,666 units in June, July and August, respectively, which all surpassed the previous monthly highs

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