With the support of Shandong Heavy Industry Group's powerful R&D platform, Sinotruk has capitalized on the Group's collaborative strength to tackle several technical hurdles in commercial vehicles, achieving a range of technological innovations. In 2024, Sinotruk invested RMB 3.1 billion yuan in R&D, marking an 8% increase year-on-year, with an R&D intensity of 3%. The Group continues to introduce new products, providing customers with a full suite of highly profitable products.
As a flagship division of Shandong Heavy Industry Group, Sinotruk has achieved 16 industry-leading milestones in 2024. With its impressive product strength and innovative capabilities, it has firmly established itself as the undisputed leader in the commercial vehicle sector in China.
Multiple New Products Unveiled, Showcasing Exceptional Product Strength
At the Sinotruk Partners Conference 2025, five product launch events were held in close succession, showcasing Sinotruk's comprehensive range of new products across all sectors and applications in a one-stop presentation.
• Five New Energy Products Launched Simultaneously
The SITRAK 423kWh battery dump truck, HOWO TX612kWh battery dump truck, HOWO TX600kWh central-drive charging trailer, HOWO TX500kWh Electric Axle Charging Trailer, and HOWO Commander PRO100kWh Electric Axle Light Truck made a stunning debut. These vehicles boast exceptional performance in power, range, and load capacity, driving the transportation industry towards a greener future.
• Sinotruk First Light VAN: Pioneer V
Pioneer V is available in six versions, including Cargo, Multi-purpose, Business Travel, Route, as well as Specialized Vehicle Base and Business models, setting a new benchmark for high-end light VANs.
• Sinotruk Next-Generation Fuel-Driven Tractor
This high-end heavy truck is designed for long-haul transport. Featuring an ultra-low drag coefficient of 0.448Cd and advanced intelligent fuel-saving technologies, it delivers a substantial improvement in energy efficiency.
• Sinotruk New HOWO TX7-N
HOWO TX7-N prioritizes an integrated optimization and weight-reduction strategy of top-tier quality, safety, and load capacity, making it the unrivaled champion of cost-efficiency in resource transport.
• Sinotruk HOWO Hanjiang 2025 Light Truck
Equipped with a proprietary powertrain, this vehicle offers industry-leading fuel efficiency, power output, and reliability.
Building Core Competitiveness Through Unwavering Technological Innovation
In recent years, Sinotruk has focused on strengthening its independent forward R&D capabilities and leveraging breakthroughs in intelligent technologies to shape its product competitiveness. It has applied for 307 patented technologies related to its next-generation medium and heavy trucks and developed a modular multi-energy platform, a cab with a drag coefficient of 0.43Cd, and a highly integrated modular chassis. Sinotruk has continuously increased its investment in the development of new energy vehicles, including battery, hydrogen fuel-cell, and hybrid models. It expects the sale of 8,600 new energy heavy trucks in 2024, an impressive 280% year-on-year increase, and 3,300 new energy light trucks, up by 15%. On the smart technology side, the new-generation AI intelligent control platform, coupled with the L2+ level intelligent driving technology, offers efficient solutions for the digital transformation of logistics and transportation.
In 2025, Shandong Heavy Industry Group will prioritize technological innovation as a powerful driving force, continuously increasing its R&D investment and consistently launching industry-leading products to meet customer demands. It aims to accelerate its transformation into a world-class multinational group, characterized by cutting-edge technology, green development, and leadership in the high-end equipment sector.
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