In March, China's manufacturing purchasing managers' index (PMI) was 50.8%, up 1.7 percentage points from the previous month, returning to the expansion range after running below 50% for five consecutive months. The latest sales data show that the sales volume of the light commercial vehicle industry in the first quarter increased by 0.68% year-on-year, and the sales volume of JAC 1 truck in the first quarter was 35,337 units, a year-on-year increase of 20.3%, significantly outperforming the industry market.
In the new energy sector, JAC's 1-card new energy products increased by 75% year-on-year, pure electric products increased by 218%, new energy logistics vehicles increased by 60%, and the overall penetration rate of new energy has exceeded 10%. Among them, new energy micro trucks and new energy logistics vehicles have achieved breakthroughs from 0 to 1, and quickly formed market influence, with a total of 928 new energy micro trucks and 1,047 new energy logistics vehicles in the first quarter, boosting the rapid growth of JAC 1 card new energy commercial vehicles. In addition, JAC's sub-brands such as Shuailing, Junling, Kangling, Weiling, Kaida, JAC 1van, Devos and bus chassis have also achieved growth of different ranges, of which Ankang's high-end core independent power increased by 41% year-on-year.
Squats are for better take-offs. As the core business of JAC Group, JAC 1 Card has accumulated a lot of experience in the past three years, and after brand renewal in 2022 and product momentum in 2023, it has accelerated since the beginning of 2024. In 2024, JAC 1 Card will be user-centric, develop new quality productivity, accelerate the research and development of forward-looking new technologies, make full efforts in oil-hybrid electric products, drive online and offline two-wheel, improve quality and delivery, and help the market achieve new breakthroughs.
100 "Express No. 1" Junling and DeVos were delivered to Zhongtong Express
Kaida new energy small trucks are delivered to large customers in batches
Development of new quality productivity Rapid growth of oil-blended electric products
This year's government work report pointed out that it is necessary to vigorously promote the construction of a modern industrial system and accelerate the development of new quality productive forces. New energy commercial vehicles are an important engine for Jiangqi Group to cultivate new quality productivity, and technological innovation is the core driving force for the development of new energy commercial vehicles. JAC 1 Card adheres to long-termism, anchors the "troika" strategy, builds a solid foundation for new quality productivity with the "Starlink No. 1" technology brand, and makes full efforts to transform oil-hybrid electric products to new energy, becoming the "main force" for the development of new quality productivity in the commercial vehicle industry.
In the first quarter, the first batch of 125 Shuailing high-end light trucks were delivered to SF
In the first quarter, JAC 1 launched a variety of low-carbon and high-efficiency fuel light trucks, and Anhui Cummins continued to make efforts in high-end independent power; completed the implementation of a series of products of the four major hybrid technology routes, and the P2 heavy-duty version of the product was put on the market; pure electric products such as Shuailing EV5, Kaida small truck, and Duomi micro truck achieved the same price of oil and electricity, and quickly seized the terminal market; new energy logistics vehicles such as Kara and Blue Cat rose strongly, and the market share and sales volume both increased. The electrification solution of "super charging + super hybrid + super swapping" new energy logistics vehicles was released, and JAC 1 card empowers the ecology with science and technology, continues to develop new quality productivity, creates more valuable cars for users, and terminal sales are growing rapidly.
Actively developing new quality productivity, JAC 1 card also accelerates forward-looking technology research and development. In the first quarter, JAC 1 truck was the first in the industry to mass-produce L2 intelligent light trucks - Shuailing S7 intelligent driving version, the industry's fastest, most complete and best, the first to mass-produce and apply 180° lateral single-angle radar technology, the first and unique in the light truck industry, the layout of higher-level automatic driving, the completion of L2+ steer-by-wire and brake-by-wire technology (hydraulic) development, L4 driverless vehicles have begun demonstration operation. In the future, the JAC 1 card will also accelerate the application of Huawei's intelligent large model, comprehensively improve the intelligent level of the cockpit of light trucks, and build a strong technical advantage for the future.
Kara L4 unmanned delivery vehicle
Online and offline two-wheel drive, care about the car and care more about the people
This year's government work report also pointed out that it is necessary to stabilize and expand traditional consumption, encourage and promote the trade-in of consumer goods, and boost bulk consumption such as intelligent networked new energy vehicles and electronic products. This provides a practical development route for the development of new quality productivity and new growth momentum for the commercial vehicle industry. In response to the national policy, JAC 1 Card cares more about cars and people, and provides logistics practitioners with multiple online and offline "look, buy and serve" tools to achieve the improvement of the value of the whole process, provide a steady stream of kinetic energy for the growth of terminal sales, and effectively reduce the logistics cost of the whole society.
In terms of online, JAC 1 Card has developed new retail through digital marketing and channel telemarketing, providing users with online fast car purchase channels and building a "second curve" of sales growth.
Kangling innovates the operation model to create a direct benefit store
In the offline part, JAC 1 Card has innovated and created new models such as direct benefit stores, supply definition vehicles, transportation capacity operation, and leasing operation to help users obtain business opportunities. In addition, we will continue to improve service satisfaction, especially the service capabilities of the whole life cycle of new energy products, build a JAC 1 card smart foresight service system, and promote the service brand day activities for a long time; continue to carry out super member day activities, benefit the majority of users with multiple gifts, and vigorously promote the upgrading of bulk consumer goods such as automobiles; launch the 60th anniversary celebration of "Product China, One Million Peers" to help rural revitalization, find Honor No. 1 partners, and improve user experience. A sense of gain, igniting a sense of achievement for users, deeply perceiving user needs, and achieving self-growth in sales.
Weiling's offline user interaction activities are hot
The industry is accelerating changes and the market competition is extremely fierce, but JAC 1 Card has the courage to innovate and practice, has the courage and strength to lead the development trend of global commercial vehicles, has more confidence and ability to overcome difficulties, and achieve steady and far-reaching results, create more value for global users, deeply empower the logistics market, and add glory to Jiazi JAC.