Xuzhou, December 31, 2022 Xuzhou News Yesterday, the 2022 XCMG New Energy Partner Conference and New Product Launch Conference with the theme of "Zero Carbon Technology, Smart E Blue" was held in Xuzhou. At the meeting, XCMG New Energy Vehicle summarized the market performance in 2021 and planned the development strategy for 2022. At the same time, a new generation of high-end new energy heavy truck products Hanfeng E platform products debuted.

At the meeting site, Jiang Tao, assistant general manager of Xuzhou XCMG Automobile Division, said that this event is not only a wonderful appearance of XCMG Group's innovation-driven main engine and helping the development of green industries, but also a breakthrough practice rooted in the accumulation of new industrial technologies, leveraging the national new energy strategy, and laying out new energy vehicles and smart new energy cities.
2021 is the beginning of the "14th Five-Year Plan" and the first year of XCMG Automobile's new energy heavy trucks, and it has made great strides from the industrial incubation period and the exploration period to the market demonstration and promotion period. Feng Jiajia, general manager of XCMG New Energy Automobile Co., Ltd., introduced at the meeting that in 2021, XCMG New Energy developed rapidly and achieved good performance, with annual production and sales of 1200 units, sales revenue of 780 million yuan, market share of 11.6%, and the industry ranked fourth.
"In 2022, XCMG New Energy will continue to forge ahead, go one step further, and improve its market security capabilities, and it is expected that 25 new distributors, 80 service providers, 2 spare parts center libraries, and all aspects of resources will be fully inclined to the direction of the new energy industry, and the sales targets of 5,000 units, operating income of 3.2 billion yuan, market share of 15%, and the top 3 in the industry will be achieved." Feng Jiajia said.
As we all know, since the completion and operation of the Xuzhou base in 2015, XCMG Automobile has maintained an annual growth trend of more than 30%, and its operating income will exceed 10 billion steps in 2020. XCMG's new energy products represented by pure electric have achieved breakthroughs, and have developed and launched more than 50 kinds of new energy logistics equipment products, with more than 100 invention patents and core technologies, covering and meeting the application needs of highway logistics, urban construction, municipal sanitation, mining and many other subdivisions.
While continuing to consolidate and expand the fuel product sector, XCMG Automobile has become a leading enterprise in China with the most complete product spectrum, the strongest R&D and manufacturing capabilities, and the best overall electrification solutions in the field of new energy heavy trucks.
Reviewing the new energy development path of XCMG Automobile, the development plan and action plan for new energy vehicles were formulated in 2016; in 2018, the new energy heavy trucks were the first to enter the New Zealand market, becoming the first enterprise in China to export to developed countries in the field of new energy logistics vehicles; in 2019, the "Shenzhen Blue" strategic Hanfeng heavy truck had unique advantages, breaking through 1,000 units of sales for the first time and a turnover of 1 billion yuan; in 2020, the "XCMG Complete Sets of New Energy Logistics Equipment and Intelligent Replacement Products" press conference was held. The country's first urban new energy muck truck power exchange demonstration operation project "landed in Xuzhou, further launching the XCMG new energy brand; following Xuzhou, in 2021, XCMG new energy products to power plants, steel mills, docks, urban engineering transportation as a breakthrough, in Henan, Hebei, Xinjiang and other markets blossomed, successively put into actual operation, the market share exceeded 11%, to help build a beautiful home. Today's XCMG Automobile has become the core driving force to support energy conservation and emission reduction, green manufacturing, help the country win the battle of "pollution prevention and control", and become a new "strategic weapon" for XCMG's transformation and upgrading, maintaining technological leadership, and laying out future global competition.
While summarizing the excellent achievements of XCMG new energy vehicles, at the event site, the new generation of high-end new energy heavy truck products created by XCMG Automobile was unveiled. The new products have five advantages of safety and comfort, convenience and efficiency, stability and reliability, economic and energy saving, and intelligent high-end, and the performance is comprehensively improved, which can meet the transportation needs of various scenarios such as highways, ports, and mines.
Over the years, heavy investment, dedicated research and development, focus on technology precipitation and core team and system cultivation, continue to consolidate the foundation of development, after many rounds of large fluctuations in the market, XCMG Automobile has used 5 years to play xcmg new energy products with high-quality reputation, industry status, and benchmark brand image. The competition in the new energy heavy-duty truck market tends to be white-hot, how to obtain more market share in the fierce market competition? Luo Haidong, deputy general manager of XCMG Group, secretary of the party committee and general manager of XCMG Automobile Division, proposed that XCMG Automobile's new energy business will focus on the company's 14th Five-Year Plan strategy of "one core" and "two tracks". Accelerate the future industrial development layout of the enterprise, under the promotion of the Group's "3060" double carbon strategy, achieve revenue of 15 billion yuan, main engine sales of 30,000 units, maintain the top three in the industry, and achieve the strategic goal of "double three" of XCMG New Energy 14th Five-Year Plan.
The first is the "strong nuclear" project of the industry. On the basis of product coverage of highway logistics, mine construction, municipal sanitation, urban construction and many other application scenarios, with the intelligently empowered commercial vehicle transportation solution as the core of the industry, focusing on the two new tracks of new energy technology and intelligent driving technology, and comprehensively planning and laying out the future industrial structure of XCMG Automobile. Improve the heavy, medium, light and micro-logistics product lines: Start the construction of light truck new energy bases during the year, reconstruct and reorganize enterprise resources, build a "platform + specialization" research and development model, form a multi-professional product research and development architecture under the core basic product platform, and improve systematic capabilities and professional directions! Promote the independent research and development and demonstration application of vehicle intelligent driving technology, and empower the technical iteration and market demand of traditional and new energy vehicles. Focus on pure electricity, hydrogen energy, hybrid multiple technical routes, start the research and development of a new generation of new energy element products in the industry, and gradually promote XCMG Automobile to build an industrial cluster with the host as the core and key core components during the "14th Five-Year Plan" period, and truly realize the industrial dream of XCMG new energy products.
The second is the core components and key technologies of the strong chain, the expansion chain, the repair chain. Firm host, core components two-wheel drive new industry development strategic path, through independent research and development, joint venture cooperation incubation, strategic shareholding and other forms, the use of about a year to accelerate the battery Pack, motor electronic control, hydrogen fuel, intelligent power exchange, intelligent driving intelligent network and other key core technologies for strategic layout and landing, there are already a number of projects in the process of landing, hope to take a series of strategic layout, in the new energy industry to break through the core components card neck and independent controllable development bottleneck, On the long march of the future development of XCMG's new energy industry, we will gradually realize the kinetic energy conversion of industrial chain advantages and help accelerate the race for the development of XCMG new energy and competitive advantage.
Third, with the help of the overall resources of XCMG Group, we will open up a broader global market for the new energy sector and seek a deeper industrial layout. At present, XCMG Group in the "14th Five-Year" strategic positioning, has been clear: XCMG Automobile is the group's second growth pole in addition to construction machinery, in order to faster and more effectively support the innovation and accelerated development of XCMG new energy industry, is actively preparing XCMG New Energy 10 billion industry development fund, the key direction is to support the incubation of XCMG new energy vehicles and new energy construction machinery and other industries.
"In the future, the overall layout of XCMG New Energy will be planned in accordance with the industrial positioning of "intelligence, electrification, networking, and sharing", from the host, core components to business model innovation and operation, and the whole life cycle and the whole industry ecological model. Luo Donghai said.
At the same time, Luo Donghai believes that following this year's "surge", the new energy heavy truck market is expected to continue to rise next year, predicting that it will reach about 50,000 vehicles in 2022, 2025 or more than 200,000 vehicles and 150 billion scale, and the new energy penetration rate will reach more than 20%. During the "14th Five-Year Plan" period, China's commercial vehicle new energy market will surely experience the preliminary round of the new track, and gradually enter the strategic stalemate stage with comprehensive capabilities such as endurance, ecology and industrial chain as the core of competition. The three technical routes of new energy will have more commercial value and higher cost performance in different application scenarios. During the "15th Five-Year Plan" period, new energy will enter a more stable and high-speed development period and maturity period, from the perspective of the future longer timeline, the new energy commercial logistics industry and the upstream and downstream industrial chain, operation and maintenance service ecological chain, etc., will usher in a higher upper limit and unlimited possibilities under the multiple forces of new technology revolution, national policies and regulations, multi-scenario market demand, and iterative application of mature technology.
In the future, XCMG Automobile will gather the strength of the whole society, the whole group and the whole staff to promote the scale of the new energy automobile industry, improve the accuracy of the industrial layout and the high quality of operation, carry out multi-level and multi-field exchanges and cooperation with more enterprises, innovate market competition organizations, share new opportunities for industrial transformation, and work together on the road of "zero carbon" to create a win-win situation and achieve better performance in the new energy heavy truck market.