For China's new energy heavy-duty truck industry, 2025 was undoubtedly a year of leapfrog development! In that year, total sales of new energy heavy-duty trucks (data in this article is based on sales volume for heavy-duty truck operating license registration, not compulsory traffic insurance sales, excluding exports and military vehicles, the same below) reached 195,600 units, a significant year-on-year increase of 190%! Compared to the overall heavy-duty truck industry's 26% year-on-year growth rate, this speed is astonishing!
Looking at individual brands, XCMG and Sany, the two giants of the construction machinery industry, maintained their leading positions. Sany led in the first half of the year, while XCMG overtook them in the second half, maintaining their leading advantage throughout the entire year with some close calls!
Among them, XCMG's total sales of new energy heavy trucks reached 31,200 units, a year-on-year increase of 186%, slightly lower than the industry average, with a market share of 15.93%. Sany's total sales of new energy heavy trucks also exceeded 30,000 units, lagging behind XCMG by about 1,000 units, with a market share of 15.41%. However, its 153% growth rate was somewhat lackluster, lagging not only behind the industry average but also behind many of its competitors.
Jiefang's strong growth momentum throughout the year solidified its top-three ranking. Its total sales reached 28,900 units, only slightly behind Sany by a little over 1,000 units, but its annual growth rate of 240% far exceeded that of the two leading construction machinery companies, giving it a significant chance to overtake them by 2026.
China National Heavy Duty Truck Group (CNHTC) and Shaanxi Automobile Group (Shaanxi Automobile) both had annual sales around 23,000 units, with the former growing at 243% and the latter at 285%. Their rankings are also likely to change in the future.
These five brands hold a combined market share of 70%, essentially influencing the market landscape.
Ranking 6th to 10th are Dongfeng, Yuancheng, JAC, Yutong, and United Heavy Truck. Among them, Yutong is the only one experiencing a year-on-year decline, while United Heavy Truck's 725% year-on-year growth is astonishing, and it's only a matter of time before it surpasses Yutong in sales.
Looking at the performance in December alone, the entire industry sold 35,000 new energy heavy trucks, significantly exceeding the monthly sales record set in November by another 10,000 units, representing a year-on-year growth rate of 191%.
By brand, XCMG and Sany's sales were neck and neck, almost reaching the astonishing figure of 5,000 units, each with a market share of 14.4%. FAW Jiefang continued to hold third place, but its 178% growth rate still surpassed the two leading companies. Shaanxi Automobile achieved sales of 4,379 units with a year-on-year growth rate of 312%, overtaking China National Heavy Duty Truck Group (CNHTC) by less than 100 units to squeeze into fourth place with a market share of 12.7%, while CNHTC's growth rate was 211% and its market share was 12.5%.
It is worth noting that there were changes in the rankings from 6th to 10th. Dongfeng and Yuancheng remained relatively stable, but Lianhe Heavy Truck surged to eighth place with an astonishing 931% growth rate, breaking the 1,000-unit mark for the first time in monthly sales and significantly increasing its market share to 3.3%. Yutong's year-on-year growth declined again, dropping it to ninth place. Surprisingly, JAC was squeezed out of the top ten by the emerging force, Lingcheng, which debuted on the list with an astonishing 1917% year-on-year growth rate, selling 363 units.
Finally, looking at individual provinces, in 2025, 25 provincial-level administrative regions achieved sales exceeding 1,000 new energy heavy trucks. Shanghai's cumulative sales reached 37,000 units, Shanxi exceeded 20,000 units, and Hebei, Sichuan, Henan, and Shandong all surpassed 10,000 units!
In summary, 2025 saw another explosive growth in the new energy heavy truck market. Leading brands engaged in fierce competition, dark horses emerged, and regional markets flourished, collectively creating a competitive landscape of "a hundred flowers blooming, and the strong getting stronger."
In the future, with the improvement of battery energy density, the improvement of charging facilities, and the continuous decline in operating costs, the application scenarios of new energy heavy trucks will extend from sub-sectors such as ports, mines, and urban distribution to trunk logistics. Coupled with the rigid demand for green transformation of logistics companies under the dual carbon targets, the market size is expected to continue to break through the ceiling.
