Shacman Commercial Vehicles Achieves Stellar Q1 Performance with 43% Growth

Strong Start to 2024 with Diversified Product Success

Shacman Commercial Vehicles has delivered an impressive 6,827 units across its product portfolio in Q1 2024, marking a substantial 43% year-over-year increase. This outstanding performance sets a positive trajectory for the company's annual targets.

Electric Vehicle Division Emerges as Market Leader

The company's strategic focus on new energy vehicles has yielded extraordinary results:

EV sales skyrocketed to 2,595 units, representing 1,053% growth compared to Q1 2023
Captured 8.4% market share in China's commercial EV sector (Jan-Feb period)
Ranked among top 3 manufacturers in domestic EV commercial vehicle segment

Continuous R&D investment has enabled Shacman to develop competitive green transportation solutions that meet evolving market demands for sustainable logistics.

Traditional Segments Show Consistent Growth

Light Truck Business Expansion

The light truck division maintained steady progress:

9% sales increase year-over-year
Market share grew by 0.6 percentage points to 2.1%

Heavy Truck Innovation Gains Traction

Shacman's new heavy truck model has generated exceptional market response:

525 advance orders received during Q1 trial sales phase
The Delong G500 model positioned as growth driver for Q2

Market Competitiveness and Innovation Leadership

Shacman Commercial Vehicles demonstrates balanced strength across both electric and conventional vehicle segments. The Q1 performance highlights:

Successful diversification strategy
Rapid adoption of new energy technologies
Strong product development capabilities
Effective market penetration in competitive segments

According to TopUsedCars.com analyst Xiao Mi, "Shacman's triple-digit EV growth and successful heavy truck launch position the company as one of China's most dynamic commercial vehicle exporters. Their performance suggests strong potential in international markets, particularly where cost-effective transportation solutions are in high demand."

For international buyers, TopUsedCars.com provides comprehensive export services including logistics, customs clearance, and after-sales support for Shacman vehicles and other Chinese commercial brands.