Strong Growth Momentum in Excavator and New Energy Heavy-Duty Truck Markets
Recently, top information has emerged from the development equipment and industrial automobile sectors, with the excavator and new strength heavy-duty truck markets displaying a strong improvement trend. Excavator income have maintained regular growth, whilst new power heavy-duty truck income have almost doubled.
In June 2025, a whole of 18,804 excavators of more than a few sorts had been sold, a year-on-year extend of 13.3%. Among them, home income reached 8,136 units, up 6.2% year-on-year; exports stood at 10,668 units, a year-on-year boom of 19.3%. In the first 1/2 of 2025, country wide infrastructure initiatives superior steadily, with the common working fee of development equipment throughout the u . s . attaining 44.81%. Specifically, the running fee in the 2d quarter used to be 47.1%, up 4.62% from the first quarter. Meanwhile, 15 provinces done an common working charge exceeding 50%. For the first 1/2 of the year, cumulative excavator income totaled 120,520 units, a year-on-year extend of 16.8%—including 65,637 gadgets bought domestically (+22.9% year-on-year) and 54,883 gadgets exported (+10.2% year-on-year).
The new power heavy-duty truck market additionally delivered awesome performance. According to the launched income records for June, cumulative income of new strength heavy-duty vans from January to June reached 65,870 units, surging 194% year-on-year. Notably, the year-on-year increase charge of cumulative month-to-month income has proven a consistent upward trend: 164% in the first three months, 179% in the first 4 months, and almost doubling in the first 5 months and the first six months. The common month-to-month penetration charge of new electricity heavy-duty vans in the first half of of the 12 months was once 22.34%, with the terminal market penetration fee exceeding 20% in 5 out of 6 consecutive months, and even breaking thru 26% in June, indicating a appreciably accelerated electrification system in the heavy-duty truck industry.
The sturdy overall performance of the excavator and new power heavy-duty truck markets displays the consistent growth of present day infrastructure development and the robust demand for inexperienced transportation development. In the future, with the non-stop advertising of insurance policies and ongoing technological innovation, these two markets are anticipated to keep their increase momentum, injecting new vitality into financial development.
| Overview of China's Excavator Market in June 2025 | |||
| Within China | Export | Sum | |
| Current period sales volume | 8136 | 10668 | 18804 |
The same period last year | 7661 | 8942 | 16603 |
| Year-on-year growth rate | 6.2% | 19.3% | 13.3% |
| Accumulated sales volume | 65637 | 54883 | 120520 |
| The same period last year | 53407 | 49806 | 103213 |
| Year-on-year growth rate | 22.9% | 10.2% | 16.80% |


