Sinotruk Takes Science And Technology As The Engine To Open Up A New Environment For The High-quality Development of The Logistics And Transportation Industry

• 　In recent years, the competition in the commercial vehicle industry is becoming more and more fierce, and the competition between the head enterprises has entered the white-hot. If you want to win in the competition, the core technology is the best killer, for the commercial vehicle field, the power system is the core.

• 　　In 2022, Sinotruk will shine in the high-end high-horsepower market. In the tractor segment market, the market share of products above 500 horsepower has increased significantly from 18% in 2021 to 31.7%, ranking first in the industry. As a “science and technology control” among commercial vehicle enterprises, Sinotruk has optimized its enterprise structure, has a deep insight into the market, and led China’s logistics and transportation equipment into a new era of high-end.

　　Group collaborative research and development, brewing innovation fruits

• 　　Sinotruk’s active layout of the high-end power market, first from the accumulation of scientific research. In recent years, Sinotruk has been continuously increasing the proportion of R & D investment, and its capital investment has always maintained an annual growth rate of more than 30%. Only by daring to invest in scientific research can it cultivate its hard skills in scientific and technological innovation. At present, Sinotruk has the only heavy truck engineering technology research center, and has become the enterprise with the largest number of patents in China’s automobile industry.
• On the other hand, relying on the group’s resource advantages, Sinotruk and the world power giant Weichai Power are on a more comprehensive rapid development path, forming complementary advantages in research and development, products and market, and laying a high starting point for Sinotruk in the power market. In 2022, in addition to the impressive achievements of the high-horsepower market, Sinotruk and Weichai Power also jointly released the country’s first commercial hydrogen internal combustion engine heavy truck —— Sinotruk Yellow River X7, jointly creating a precedent in the industry. Whether it is the breakthrough in the internal combustion engine technology, or the service optimization, every upgrade of Weichai Power has added upward power to Sinotruk. At present, Weichai Engine has achieved the optimal matching with the whole vehicle products, with the innovative integration of the two top enterprises, for the efficient logistics.

　　Layout of the market segment to redefine the high-end heavy truck model

• 　　As we all know, there have been top scientific and technological achievements in all fields to become a “high and low” precedent. While practicing scientific and technological innovation, Sinoalways upholds the core values of “customer satisfaction is our purpose”, and continues to deeply cultivate the scene, achieving products from science and technology to card friends, so that the scientific and technological achievements can truly serve the wealth and upgrading of card friends, and win the double harvest of the market and reputation.
• In 2022, Sinotruk, with its strong resilience, carried the banner of “double first” sales of domestic heavy truck industry and market share in the industry. In the market segment of tractors above 500 horsepower, Sinotruk achieved the first market share. Meanwhile, Sinotruk 610 horsepower tractors with Weichai WP 14 T engine easily achieved annual sales of more than 10,000. Sinotruk, led by scientific and technological innovation, has won the attention of the industry and the trust of customers, and is worthy of being the industry leader.

　　Advance ahead of the new journey and full horsepower attack innovation

• 　　In 2023, all industries will restart, logistics and transportation demand accelerated release; commercial vehicle market will usher in a new round of policy adjustment; under the background of “double carbon”, the green change of commercial automobile industry is intensified…. When the commercial vehicle industry ushered in new changes, Sinotruk has mastered a clear development context, with “technology leading + solution” as the core strategy, to achieve new leap in the new era and new journey.

• 　　In 2023, Sinotruk will continue to adhere to the positive research and development strategy, deepen the cooperation with Weichai Power, realize the upgrade of high-horsepower power system, and accelerate the matching of weichai’s first body thermal efficiency 52.28% diesel engine and 54.16% natural gas engine with the vehicle of Sinotruk products. On the new energy track, Sinotruk has increased its research and development efforts and strive to achieve more breakthroughs in key core technologies, commercial application of heavy trucks and low-carbon transportation empowerment, all of which contribute sinotruk to the green and sustainable development of China’s economy.

Conclusion

• Scientific and technological innovation is a strong support for promoting high-quality development. In 2022, Sinotruk has made fruitful achievements in the field of scientific and technological research and development, which accumulates great strength for the enterprise to continue to take off in 2023. In 2023, will Sinotruk win again with the strategy of “science and technology”? Let us wait and see.