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Truck empty car weighing policy is becoming stricter CIMC Vehicle (01839) compliant lightweight products seize the C position in the market

Truck empty car weighing policy is becoming stricter CIMC Vehicle (01839) compliant lightweight products seize the C position in the market

Zhitong Finance APP learned, "The truck cannot be overweighted for annual inspection, and the vehicle does not match the driving certificate, can it be sued to the dealer for fraud?" "Recently, many truck drivers have been posting on various platforms for support due to the above problems.

Truck empty car weighing policy is becoming stricter CIMC Vehicle (01839) compliant lightweight products seize the C position in the market

According to the relevant provisions of the national mandatory standard GB38900-2020 "Motor Vehicle Safety Technical Inspection Items and Methods" that have been issued, the annual inspection of trucks in use will be carried out annually by empty car weighing, and overweight cannot be listed.

After the official implementation of the regulations on September 1, 2021, a large number of illegal and overweight semi-trailers, light trucks and other cargo vehicles were "blown up" out of the water, and the unspoken rules of the industry were facing invalidation. A large number of overweight vehicles are facing withdrawal from the market, which will bring new market increments to compliant vehicle manufacturers such as CIMC Vehicles (301039.SZ, 01839).

Empty cars overweight can not pass the annual inspection of the large number of trucks facing elimination

According to the regulations, the error between the empty quality of trucks and heavy and medium-sized trailers registered since March 1, 2015 and the technical parameters of the curb weight recorded in the registration of motor vehicles shall be satisfied:

Heavy and medium-sized trucks, heavy and medium-sized trailers shall not exceed 10% of the ± or 500kg ±; light trucks shall not exceed 10% of the ± or 200kg ±, and the empty vehicle mass of light trucks shall be less than 4500kg.

That is to say, from September 1, 2021, the annual inspection of trucks across the country will officially begin to weigh empty cars, and the problem trucks that exist on the market will not be able to pass the annual inspection.

For a long time, the actual weight of many trucks leaving the factory is inconsistent with the weight on the driving certificate, and the actual weight is often greater than the weight on the driving certificate or certificate of conformity. Some insiders even said that more than 80% of the vehicles in the truck industry market are illegal.

The reason is that, on the one hand, in order to reduce the driver's permission to drive, freight manufacturers let trucks pull more goods; on the other hand, the attraction of overloading to make money is too great, resulting in illegal manufacturers directly producing heavy trucks specifically for overloading, that is, "large tons and small standards"; in addition, there are many on-road vehicles equipped with facilities to make the vehicle's own weight straight up, resulting in such trucks not pulling goods and overloading.

There will be a market for demand, and the large trucks actually produced by truck manufacturers are loaded as much as possible, and often the large trucks produced are not only overloaded but also exceeded the limit. Heavy trucks with a weight of more than 20 tons and a total weight of 30 tons can only pull less than 10 tons of goods if they are not overloaded, in fact, the road is even loaded with hundreds of tons, resulting in extreme situations such as "100-ton king". After purchasing such a large truck, you can only go farther and farther on the road of illegal overloading.

Overload has also become the number one "road killer" and "accident culprit". According to the statistics of the traffic management department, 70% of road traffic accidents are caused by vehicle overloading, and 50% of heavy and extraordinarily large road traffic accidents are directly related to overloading.

From this, it can be found that the direct purpose of empty car overweight is to overload. Truck overload on the road, not only poor maneuverability, easy to lead to vehicle braking, dynamics and stability decline, and the loading quality is too large, but also easy to lead to tire deformation due to overload, causing tire bursts, deflection, brake failure, rollover, etc., easy to cause traffic accidents.

Lightweight and compliant trucks return to the C position CIMC vehicle market ushered in new opportunities

Standardizing the empty quality of trucks is a "killer skill" to avoid "large tons and small standards" and overloading. The most direct impact of eliminating illegal vehicles from this market is to leave a new market space for compliant vehicles.

As a global leader in high-end manufacturing of semi-trailers and special vehicles, CIMC Vehicles (301039.SZ/01839.HK) has made frequent moves in recent years to promote lightweight and compliant products. Lightweight, that is, to ensure the quality and compliance of the vehicle, to provide the owner with more loading allowance.

In addition, under the target requirements of "carbon peaking and carbon neutrality", the trend of new energy for heavy trucks/tractors is very obvious. An important feature of new energy vehicles is that the battery is heavier, resulting in a significant increase in the weight of the vehicle. The increase in the self-weight of the vehicle means that the weight of the cargo that the vehicle can load is reduced without overweight, and the weight of the transport carrier such as the semi-trailer/van becomes critical to achieve the same or more transportation volume.

Since the volume of transportation is directly related to revenue, the new energy of heavy trucks/tractors will force freight units to increase the procurement of lightweight vehicles. Therefore, at the moment when the "double carbon target" is integrated into the national development strategy, the lightweight of semi-trailers/vans may be an important means for freight vehicles to occupy the market in the future, and the lightweight products of CIMC vehicles will occupy the C position in the market.

CIMC Vehicle's research on truck lightweighting has been around since more than a decade ago. Around 2010, when most of the domestic special vehicle companies were still using the empirical method to manufacture vehicles, CIMC Vehicles used a large number of three-dimensional modeling and other methods for design and development, and used bench tests to test the stiffness and strength of key components.

These scientific methods are conducive to the lightweighting, serialization and standardization of vehicles. While meeting the requirements of lightweighting, it can also make vehicles more reliable, safer, and more competitive.

In terms of materials, CIMC Vehicles relies on its scale and brand advantages, and even jointly develops special high-strength new materials such as super wear-resistant steel with the world-renowned Baosteel and other countries, and has obtained national patent authorization.

In terms of products, the past two years have been the outbreak period of CIMC vehicle lightweight products, and new lightweight products such as cement mixer trucks and tank semi-trailers have emerged in an endless stream and have been recognized by the market.

Take the new integrated China VI mixer truck created by CIMC Lingyu and FAW Jiefang as an example, which uses a new generation of lightweight technology to reduce the quality of the armament by 500 kg; the tank and blade materials use the special wear-resistant steel of the mixer truck jointly developed with Baosteel, and the service life can reach more than 2 times that of ordinary materials.

In 2021, CIMC Vehicles launched the "Terabyte" brand, focusing on the production and sales of refrigerated and dry cargo boxes, with the goal of the fastest growing blue light truck in the market and also the overloaded "hard-hit area". "TERAbyte" products are mainly used for urban fresh food distribution and urban logistics distribution, which is an important measure for CIMC vehicles to adapt to the latest national regulatory requirements and changes in industry trends, and to promote the transformation and upgrading of urban logistics and distribution through high-end manufacturing systems.

It is reported that in the future, CIMC Vehicles will continue to build a new generation of smart industry ecology in the field of trailers with digital technology and its own advantages, fulfill the responsibilities of industry leaders with the strength of industry leaders, and promote the lightweight and compliant development of China's trucks.

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