Shacman Group Heavy Trucks: Aiming for 100,000 Units by 2026, with New Energy Vehicles Accounting for 40%

On December 10, Shacman Group held its 2026 Business Annual Conference in Xi’an, Shaanxi Province. Centered on the theme “Strengthening Transformation, Adjusting Structure, Charting New Paths, and Securing Victory in 2026,” Yuan Hongming, Party Secretary and Chairman of Shaanxi Automobile Holding Group, clearly stated at the conference that the domestic commercial vehicle market in 2026 faces no unfavorable factors, with industry fundamentals remaining stable and positive. Shacman Group aims to achieve an annual sales target of 100,000 heavy-duty trucks by 2026, with a clear objective of 40% of these being new energy models.

Shacman Group Heavy Trucks

Harvest 2025: Sales Surpass 88,000 Units, New Energy Heavy Trucks Soar 260%

2025 marks a pivotal year for recovery and growth in the commercial vehicle sector. Benefiting from multiple policy incentives—including National IV replacement subsidies covering gas-powered vehicles, purchase subsidies for new energy heavy-duty trucks in key regions, and halved vehicle purchase tax for new energy heavy-duty trucks—the industry demonstrated robust growth momentum. Shacman Group Heavy Trucks capitalized on these opportunities with precision and efficiency, delivering an impressive annual performance.

In terms of overall sales, Shacman Group’s domestic civilian heavy-duty truck sales exceeded 88,000 units in 2025, surging 60% year-on-year. This growth rate doubled the industry average of 30%, highlighting the company’s remarkable market momentum. Regarding core market share, Beidou data share climbed to 12.9%, solidifying its position as the top single manufacturer with a 1 percentage point year-on-year increase. Insurance market share simultaneously rose to 11.0%, up 1.5 percentage points year-on-year, further consolidating and strengthening its core market competitiveness.

Shacman Group Heavy Trucks

Across segmented markets, Shacman Group Heavy Trucks achieved comprehensive breakthroughs and diversified growth:

New energy heavy trucks delivered particularly impressive performance, with annual sales exceeding 25,000 units—a staggering 260% year-on-year surge. Beidou’s market share reached 12.4%, up 3.1 percentage points year-on-year, marking four consecutive years of steady growth.

In the natural gas heavy truck segment, Shaanxi Heavy Trucks maintained its leadership position, selling over 31,000 units—a 26% year-on-year increase. Beidou’s market share rose to 17%, up 2.2 percentage points year-on-year.

The cargo truck business accelerated its rise, with sales exceeding 14,000 units—an 81% year-on-year increase. Its Beidou market share reached 8.6%, up 2.3 percentage points year-on-year, not only achieving six consecutive years of share growth but also setting a new decade-high market share.

New Pearl (products equipped with Cummins engines) also demonstrated robust market performance, with sales exceeding 13,500 units—a 70% year-on-year increase. Its Beidou market share reached 11.1%, up 2.5 percentage points year-on-year, as growth momentum continues to accelerate.

Shacman Group Heavy Trucks

Overall, the continuous refinement of Shacman Group’s diversified business portfolio has enabled its heavy-duty trucks to establish a multi-dimensional growth matrix, serving as the key driver behind its impressive 2025 performance.

Shacman Group’s 2026 Strategy is Clear:

Pushing Toward the 100,000-Unit Target with New Energy as the Core Growth Engine

Regarding the 2026 commercial vehicle industry outlook, Shacman Heavy Trucks forecasts that China’s GDP growth will remain around 5%. Expansion of the domestic consumer market and upgrading investment demand will provide stable development opportunities for the industry. Among these, market demand driven by the replacement of aging trucks and energy structure adjustments will remain the two core growth engines.

Shacman Group Heavy Trucks

Shacman Group Heavy Trucks forecasts that by 2026, the replacement of aging trucks will continue to unlock substantial market potential for the commercial vehicle sector. Additionally, the market penetration rate of new energy heavy trucks is projected to reach 40% in 2026, accelerating the industry’s green transformation.

Looking back at 2025, Shacman Group Heavy Trucks solidified its development foundation with impressive counter-trend growth. Looking ahead to 2026, the strategic blueprint of achieving 100,000 units in sales and a 40% new energy share has been laid out. At this pivotal juncture of industry transformation, Shacman Group Heavy Trucks will take this business conference as a new starting point. We will seize opportunities through robust transformation, accumulate momentum through structural adjustments, and boldly lead the way in charting new paths. We will strive to achieve new goals and create new glories in development, injecting stronger Shaanxi Auto power into the high-quality development of the commercial vehicle industry!