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Apr 29, 11:45 PM

Foton Motor Leads Industry with Nearly 184,000 Units Sold in Q1

[Company Update] Foton Motor sold nearly 184,000 vehicles in the first quarter, with exports up 34% year-over-year and heavy-duty truck sales surging nearly 40% year-over-year.

Core Developments: Three Strategic Pillars Driving High-Quality Growth

Foton Motor is accelerating its strategies of "comprehensive internationalization, comprehensive new energy adoption, and comprehensive intelligentization" in the opening year of the 15th Five-Year Plan period. Backed by 184,000 units sold in Q1 and a 34% year-over-year increase in exports, the company has solidified its industry leadership.

Key Metrics: Dual Breakthroughs in Profitability and Sales

Full-year 2025 sales exceeded 650,000 units, with net profit reaching RMB 13.64 billion, a staggering 1,593% year-over-year increase. In Q1 2026, heavy-duty truck sales soared nearly 40% year-over-year, setting a new historical record.

Strategic Foundation: Intelligent and New Energy Product Portfolio Gains Momentum

Foton launched the industry's first AI large-model-powered intelligent brand, "Cangqiong", and introduced three new products: the Mars PHEV Pickup, the Auman HWP/HWA Intelligent Heavy-Duty Truck, and the Xiangling V5 Extended-Range Van, strengthening its technological moat.