CAMC stops production of traditional fuel vehicles

Date:2023-01-18 Author:Grace Source:www.chinaspv.com

January 18, 2023, Hubei, China, In June 2022, CAMC issued an announcement, "In order to actively respond to the national strategic goal of ‘carbon peaking and carbon neutrality’ and accelerate the company's product new energy process, according to the company's strategic development needs, the company will stop the complete vehicle production of traditional fuel vehicles and focus on pure electric, methanol power, hybrid, hydrogen fuel cell and other new energy and clean energy vehicle business." As the first mainstream heavy truck company in China to announce a comprehensive transformation to new energy and clean energy, CAMC has accelerated the pace of transformation and upgrading and achieved remarkable results.

In 2022, CAMC sold 3,199 units new energy products, an increase of more than 100%. The sales of new energy heavy trucks account for more than 50% of the total, and the market share of new energy heavy trucks has reached 15%.

Specifically, 2,210 units of new energy tractors were sold, accounting for 70% of the total, ranking first for five consecutive months; new energy dump trucks maintained a monthly sales growth of 60-82%; the total sales volume of new energy mixer trucks ranks second in the market.

In 2023, the market share of CAMC's new energy heavy trucks will strive to reach 20%, stabilizing its leading position in new energy heavy trucks.

In 2023, CAMC will not only achieve breakthroughs in products, channels and services, but will also complete upgrades in after-sales service and finance, and the system construction in all aspects will also be more complete and specific.