As the first commercial vehicle company in the history of China's auto industry with a sales volume exceeding 10 million units, Foton truck for sale started the research and development of new energy technology in 2003, established the Foton truck for sale New Energy Vehicle Design and Manufacturing Industrial Base in 2008, and established Zhilan in 2018 The new energy business department quickly realized systematic operation.

In terms of products, Foton heavy duty trucks has created a number of domestic firsts, namely the first hydrogen fuel bus announcement, the first hydrogen fuel logistics vehicle announcement, and the first liquid hydrogen heavy truck. At the same time, the product landing and promotion performance is quite good. In 2008, hydrogen-fueled buses served the Olympic Games for the first time; in 2011, 2,060 electric sanitation vehicles, the largest in China, were delivered to Beijing Sanitation; in 2022, 515 hydrogen-fueled buses served the Winter Olympics.

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However, with the rapid development of the new energy vehicle industry, especially the field of new energy commercial vehicles, Foton company, the industry pioneer, also feels the pressure from the pursuers.

Under continuous market verification, new energy commercial vehicle technology has been continuously optimized and upgraded. With the improvement of the industrial chain, multiple technical routes will coexist in the future. It is estimated that the market penetration rate of new energy commercial vehicles is expected to exceed 25% in 2030.

The industry environment also ushers in opportunities. With the iterative upgrade of technology, new energy commercial vehicles will gradually achieve full-climate, all-region, and full-scenario coverage.

At the same time, with the support of policies, technological progress, cost reduction, and superimposed dual-carbon strategy, the acceptance of new energy customers has gradually increased. New energy commercial vehicles have become a high-certainty growth track. The future development of automobile companies must be firm in new energy development strategies unwavering.

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Foton Motor's 2023 symposium was held in Beijing to discuss how to speed up, innovate and improve Foton Motor's new energy development.

The thematic meeting focused on the current development status of Foton Motor's new energy business, combined with the changing external environment, conducted problem-oriented analysis, faced up to the gap between the senior actual situation and the realization of the goal, identified the main problems, formulated key measures, and established "self-confidence and self-improvement". The second entrepreneurial spirit of "move forward bravely" has effectively pushed the new energy business to the fast lane of rapid development, and is constantly moving towards the goal of being the first in sales of new energy commercial vehicles.

At this special meeting on new energy, he pointed out that the layout of core technologies and core modules should be accelerated, the product line should be enriched, product competitiveness should be enhanced, sales and reputation should be improved, and breakthroughs should be achieved in key areas.