In the first quarter of 2025, the new energy vehicle market will experience strong growth with policy support, and overall sales will increase by nearly 50% year-on-year, demonstrating vigorous development vitality. Among them, the performance of the new energy heavy-duty Truck track is particularly outstanding, with a year-on-year growth of over 1.5 times, becoming a market highlight.

From the sales data, the cumulative sales of new energy heavy-duty truck terminals in the first quarter of 2025 reached 30298 units, setting a new high for the same period in nearly 7 years. It is the only quarter with sales exceeding 30000 units, a year-on-year increase of 176.6%, ranking second in growth rate among the same period in nearly 7 years. In March, the actual sales of new energy heavy-duty trucks in China reached 15026 units, a year-on-year increase of 183.2% and a month on month increase of 83.5%. The market development momentum is rapid.

Both in March and the first quarter as a whole, the sales of new energy heavy-duty trucks in China have set a record high for the same period in history, mainly due to the synergistic promotion of policy guidance, market demand growth, and product technology progress.

In the field of new energy heavy-duty trucks, FAW Jiefang has performed particularly well. In the first quarter, FAW Jiefang sold a total of 3923 new energy heavy-duty trucks, a year-on-year increase of 551%, ranking first among the top 10 car companies in terms of growth rate. Its market share reached 12.95%, an increase of 7.45 percentage points from the same period last year, becoming the car company with the largest market share growth, demonstrating its strong core competitiveness and stable market position.

Following its impressive performance in the first quarter, FAW Jiefang has made persistent efforts and once again won a large order of 1000 new energy vehicles in April, continuing to advance rapidly on the new energy track. On April 15th, FAW Jiefang and Zhongyi Times signed a purchase agreement for 1000 battery swapping heavy-duty trucks in Yichun, Jiangxi. The model signed this time is the J6P 513 chassis battery swapping Tractor jointly developed by FAW Jiefang and Times Qiji. It will mainly be used for the transportation of power plants, fly ash, coal and other materials in Jiangxi Province, and is expected to be delivered gradually from the end of June this year.

Of course, the excellent performance of FAW Jiefang is closely related to its strong technical capabilities. It is understood that FAW Jiefang has always regarded innovation driven as the core engine of enterprise development, and responded to the changes of the times with innovative layout. In 2020, FAW Jiefang released the "13586" technology development plan, establishing the "Jiefang Chuangling" technology brand as the leader, focusing on the three major technology fields of new energy, intelligent networking, and traditional technology, and creating three independent innovation technology routes of "Blue Road", "Intelligent Road", and "Yitu", and achieving a series of independently controllable technological achievements. In addition, FAW Jiefang has made significant investments in core autonomous and controllable technologies, and has laid out autonomous light, medium, and heavy-duty electric drive products covering the entire spectrum of vehicle models. At present, the independent lightweight electric drive box and electric drive bridge have achieved mass production, and the heavy-duty box and bridge will also be put into production next year. The corresponding layout of other components is also steadily advancing. These measures have significantly enhanced the market competitiveness of its new energy products.

Driven by both policy and market demand, the process of commercial vehicle new energy in China is accelerating, and the market penetration rate is steadily increasing. New energy commercial vehicles have become an important growth pole in the market, with broad prospects for future development. FAW Jiefang actively seizes industry opportunities, and through measures such as consolidating existing businesses, increasing research and development investment, accelerating product innovation, and improving management efficiency, comprehensively builds core competitiveness, continuously improves market share and profitability.