China’s commercial vehicle industry is entering a critical restructuring phase with new energy vehicles (NEVs) taking center stage. Industry forecasts indicate the sector’s NEV penetration rate will surge to 35% in 2026, with Shacman, a leading player in the segment, poised to capitalize on this trend through its newly launched fully independent new energy brand “Zhihui” and strategic market. Backed by supportive national policies and growing market demand for cost-efficient, low-carbon transportation, Shacman is strengthening its position in the global green commercial vehicle race.
The industry’s shift toward electrification is driven by both policy and market forces. Recent data shows China’s commercial vehicle NEV penetration has exceeded 30% for two consecutive months by October 2025, doubling from 10% two years ago—outpacing the passenger vehicle sector’s transition speed. To further accelerate this shift, the Chinese government has rolled out policies including vehicle and vessel tax reductions for energy-saving commercial vehicles and the “Hundred Counties, Thousand Stations, Ten Thousand Piles” pilot program, which aims to achieve full coverage of charging and swapping facilities in towns and villages by 2026. These measures effectively address range anxiety, particularly in rural markets, creating favorable conditions for NEV adoption.
Shacman is at the forefront of this transformation with its all-independent new energy brand “Zhihui” launched in April 2025 at Weichai (Yantai) New Energy Industrial Park. Meaning “Wisdom Encompasses All Things, Ocean Gathers All Rivers,” the Zhihui brand features a golden power system integrating Weichai new energy batteries, Fast AMT transmissions, and Hande electric drive axles—achieving full independent control of three-electric systems (battery, motor, electronic control). The brand’s product lineup includes three series (Zhihui 600/500/400) covering eight key market segments such as coal transportation, steel mill sand and gravel haulage, port logistics, and agricultural product delivery, with flagship models like the X5000E 600kWh and M3000E 400kWh.
Complementing its product strength, Shacman has secured strategic partnerships to drive market expansion. At the Zhihui brand launch, Shacman signed a cooperation agreement for 1,000 vehicles with key Shanghai clients and delivered the first batch of vehicles to Xuchang customers. The brand’s vehicles are equipped with customized blade batteries ranging from 200-800kWh and motors with power outputs of 430-580kW, offering industry-leading reliability, safety, and economic efficiency—key factors for logistics companies focused on operational cost reduction.
As global demand for green commercial vehicles grows, Shacman is also eyeing overseas opportunities. Industry data shows China’s commercial vehicle exports reached 947,000 units from January to November 2025, a year-on-year increase of 14.6%. Leveraging its independent three-electric technology and mature product matrix, Shacman is well-positioned to tap into emerging markets in Southeast Asia, the Middle East, and South America, aligning with the industry’s globalization trend.
Yuan Hongming, Secretary of the Party Committee and Chairman of Shacman Holding Group, stated that the new energy commercial vehicle market share is expected to reach 35%-40% in 2026, and may even reach 50% with additional policy support. Shacman’s Zhihui brand and comprehensive new energy solutions are set to play a pivotal role in this growth, reinforcing its status as a leader in China’s commercial vehicle upgrading journey.
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Post time: Dec-23-2025
