From January to September 2022, the sales volume of new energy heavy trucks in the domestic market will reach 15300, a year-on-year increase of 254%, nearly 5000 more than the annual sales volume last year. From the perspective of model segments, the new energy dump truck accounted for 23.27%, an increase of 5.34 percentage points over the same period last year. The share of dump truck in the new energy heavy truck market grew even more than that of tractor (the share of tractor increased by 5.24% over the same period last year); In 2021, the sales of new energy dump trucks in heavy duty dump truck terminals will account for only 0.87%. From January to September this year, the proportion will reach 9.6%, 5.5 percentage points higher than the proportion of new energy in the whole heavy truck market (4.1%).
This is because the heavy dump truck, which is responsible for infrastructure transportation, muck transportation and mineral transportation, has made rapid progress in new energy under the national "dual carbon" strategy. At this time, Xiao Bian was at a new construction site under a tall building in Chengdu. More than ten engineering dump trucks were transporting one truck of muck outside. A total of 15 dump trucks were counted, including 6 new energy dump trucks with green body "carrying" black battery boxes, accounting for up to 40%. Although it can't be calculated so simply and roughly, new energy dump trucks have indeed been added to urban construction. They are not a mere presence or a foil for fuel vehicles, but play the same role as fuel dump trucks.
From January to September, the cumulative actual sales of 3553 vehicles rose by 360% year on year
According to the terminal sales data (traffic insurance coverage, excluding exports and military vehicles), 1860 new energy heavy trucks were sold in September, up 67% year on year, including 434 new energy dump trucks, up 16% month on month and 66% year on year; From January to September 2022, 3553 new energy dump trucks were sold, a year-on-year increase of 360%. The overall trend of the new energy heavy truck market is the same as that of the new energy heavy truck market. The year-on-year growth rate of the new energy dump truck market in September was significantly narrower than that of the previous months. This is because the new energy dump truck market began to "increase" in September last year. The average monthly sales volume in the last four months exceeded 400 vehicles, while the average monthly sales volume from January to August last year was less than 100 vehicles.
By September 2022, the continuous growth momentum of the new energy dump truck market since last June has expanded to "16 consecutive increases". From January to September of this year, the terminal sales of 3553 new energy dump trucks accounted for 23.27% of the whole new energy heavy truck market, an increase of 5.34 percentage points over the same period of last year (17.93%).
It can be seen from the above figure that the new energy dump truck market has been growing all the way since June last year, and has created the highest monthly sales volume of 822 vehicles in December 2021. However, this record was soon refreshed in January this year. The sales volume of 839 vehicles in January this year was the highest monthly sales volume in the new energy dump truck market in the past three years. In the following months, the new energy dump truck market has always maintained a year-on-year surge in growth, and the monthly sales volume has fluctuated. In terms of figures, from January to September this year, the new energy dump truck market has achieved substantial growth, largely because of the low base in the same period last year. However, from another perspective, the average monthly sales volume of new energy dump trucks in the market from January to September this year was about 400 vehicles, significantly higher than the level of about 300 vehicles in the second half of last year. Considering that the terminal demand of the heavy truck market this year is weak, the project commencement is less than expected, the demand for dump trucks has decreased significantly, and the epidemic situation has repeatedly broken out in many places, which has a significant impact on the production, sales, licensing and other links of new energy heavy trucks, Therefore, this improvement is still very valuable, which also shows that the upward trend of the new energy dump truck market, including the whole new energy heavy truck market, is irreversible.
From January to September 2022, there will be 26 provinces (cities and districts) nationwide with new energy dump trucks on the road (no new ones will be added in September), showing a very uneven regional distribution. Hebei, Henan, Shanxi and other provinces with high environmental pressure, many mining plants or clear requirements for the electrification of residue trucks have received most of the shares of new energy dump trucks. The total number of licensed vehicles in the above three provinces alone has reached 2171, taking away more than 60% (61.1%) of the actual sales of new energy dump truck terminals from January to September this year. In addition to the above three provinces, six provinces (districts) including Shandong, Sichuan, Jiangsu, Inner Mongolia, Hubei and Anhui also have more than 100 new energy dump trucks, while other provinces (cities and districts) have less than 100 new energy dump trucks.
From the perspective of fuel types, the technical route of new energy dump trucks from January to September this year is dominated by pure electric vehicles, which is the same as that of the whole new energy heavy truck market. From January to September this year, 3553 new energy dump trucks were put on the road nationwide, including 3397 pure electric vehicles, 152 fuel cell vehicles and 4 hybrid vehicles, accounting for 95.61%, 4.28% and 0.11% respectively.
Sany Anti Over Picking and Accumulated Sales Champion Dongfeng and Fukuda soared 100 times
From January to September this year, the competition in the new energy dump truck market was not less fierce than that in the hot new energy tractor market. Taking the champion of the monthly list, there were four enterprises, including XCMG, Sany, Yutong and Beiben, who tasted the taste of champions. Before August, no enterprise could win the championship of the monthly list in the new energy dump truck market. In July and August, XCMG won the championship of the monthly list for two consecutive months. In September, the champion of the monthly list changed again.
In September, Sany Group won the first place in the monthly sales list of new energy dump trucks with 232 vehicles. This is the third time that Sany has won the first place in this year. The first two times were in February and May respectively. It is worth mentioning that while Sany won the monthly list in September, it also surpassed Yutong and XCMG to become the cumulative sales champion of new energy dump truck market from January to September this year.
As of September, 18 "players" in the field of new energy dump trucks had entered the field this year, while only 11 enterprises, including Nanjing Jinlong, Beiben, Xugong, Hongyan, Sany, Hanma Technology, Yutong, Shaanxi Automobile, Futian, BYD and Dongfeng, had new energy dump trucks on sale in the same period last year. Only 6 enterprises sold more than 100 vehicles in the new energy dump truck market last year. From January to September this year, 10 enterprises in the new energy dump truck market sold more than 100 vehicles in total. BYD, Dayun and other enterprises also have the opportunity to enter the new energy dump truck market this year to sell more than 100 vehicles in the club.
From the perspective of growth, since only 11 enterprises achieved sales in the same period last year, and many enterprises only had single digit sales, the new energy dump truck market from January to September this year was dominated by growth, while FAW Jiefang, Dayun and other enterprises achieved net growth; Dongfeng, Foton and BYD achieved a surge due to their small base in the same period last year; Sany, XCMG, Yutong, Hanma Technology and Beiben increased by 994%, 384%, 1235%, 426% and 97% year on year respectively; Nanjing Golden Dragon, which ranked first in the sales volume of new energy dump trucks in the same period last year, sold only 19 vehicles in January September this year, a year-on-year decrease of 91%, and only ranked 15th in the industry after September.
In terms of market share, Sany, XCMG and Yutong, the top three companies in terms of cumulative sales volume, have all sold more than 600 vehicles, 700 vehicles, 697 vehicles and 654 vehicles, respectively. The cumulative share has all exceeded 10%, reaching 19.7%, 19.62% and 18.41%, respectively. The gap is very small; The cumulative sales of Hanma Technology and Beiben, which ranked fourth and fifth, also exceeded 200, reaching 326 and 298 respectively, with the cumulative share of 9.18% and 8.39% respectively, with the difference of less than 1%; The cumulative sales volume of new energy dump trucks of FAW Jiefang, ranking sixth, from January to September this year approached 200, reaching 190, with a cumulative share of 5.35%; The cumulative sales of Dongfeng, Foton, Hongyan and Shaanqi all exceeded 100 vehicles, reaching 157, 143, 125 and 101 respectively, temporarily ranking 7-10, and their cumulative shares reached 4.42%, 4.02%, 3.52% and 2.84% respectively. These are also the top 10 enterprises in the new energy dump truck industry that sold more than 100 vehicles this year.
Concluding remarks
From January to September 2022, the new energy dump truck market basically continued the good performance of the last few months of last year, which was better than the second half of last year on average. The cumulative sales growth from January to September also outperformed the new energy heavy truck market; On the other hand, the overall trend of the new energy heavy truck market is the same as that of the new energy heavy truck market. Since the second half of last year, especially the last four months, the new energy dump truck market has significantly "increased". The average sales of new energy dump trucks from September to December last year exceeded 400, which is also the reason for the sharp narrowing of the year-on-year growth in September. Therefore, it will be more and more difficult for the new energy dump truck market to continue to grow at a high speed in the future, but the general trend will not change.
