Strong Growth Momentum in Excavator and New Energy Heavy-Duty Truck Markets

2025/07/22 13:29

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 ChinaExportSum
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%

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