Shacman Secures 2.5B Yuan Xinjiang Industrial Deal, Proton Motors Drives NEV Expansion Amid 2026 Policy Boost

China’s heavy truck industry kicks off 2026 with strong policy support and regional industrial synergy. The 2026 national equipment update and car replacement policy adjusts subsidies to a percentage of vehicle prices, prioritizing electric trucks for old commercial vehicle replacements and expecting new energy heavy truck sales to reach 280,000 units.

. Meanwhile, Xinjiang, as a key hub radiating Eurasia, is accelerating the construction of a high-end equipment manufacturing cluster. Seizing these opportunities, Shacman achieves dual breakthroughs: signing a 250 million yuan industrial cooperation agreement in Xinjiang and its subsidiary Proton Motors reporting robust 2025 NEV sales, reinforcing its leading position in both regional industrial collaboration and green transportation transformation.

On January 9, 2026, Shacman Xinjiang Automobile Co., Ltd. signed a strategic cooperation agreement with Xinjiang Dadao Special Equipment Co., Ltd. at the first Commercial Vehicle Refitting Cooperation Summit in Urumqi Economic and Technological Development Zone.

The deal, part of the 1.4578 billion yuan total signed at the summit, includes 2,000 cargo compartments, 500 chassis supply, and related supporting services, aiming to build a full industrial chain from raw materials to finished vehicles in Xinjiang.

This cooperation will leverage Urumqi’s role as a core carrier of Xinjiang’s equipment manufacturing industry, connecting upstream and downstream enterprises to improve industrial organization efficiency.

The localized production and supporting services are expected to enhance Shacman’s supply chain resilience in Central Asia and Eurasian markets, as Xinjiang evolves into an equipment manufacturing highland radiating the region. Shacman’s participation also aligns with the local government’s goal of building a 100-billion-yuan industrial cluster.

As Shacman’s key practice in developing new quality productive forces, Proton Motors held its 2026 Partner Conference on January 8, announcing that its 2025 NEV sales exceeded 8,000 units.

Notably, its hydrogen fuel cell heavy trucks achieved bulk overseas sales, marking Shacman’s important progress in the global hydrogen energy commercial vehicle market.

Proton Motors focuses on innovation in new energy, intelligent connectivity, and new materials. Its hydrogen fuel cell products have been put into operation in multiple domestic scenarios, including a batch of 10 49-ton hydrogen fuel cell heavy trucks co-operated with local enterprises in Yulin, Shaanxi.

Looking ahead to 2026, Shacman will provide comprehensive support to Proton Motors in industrial chain synergy, full production chain, and full-cycle services, aiming to build a win-win ecosystem with partners.

Shacman’s development strategy is highly aligned with the 2026 national \”two new\” policies (large-scale equipment update and consumer goods trade-in). The new policy adjusts car replacement subsidies from fixed amounts to a percentage of vehicle prices: 12% for new energy passenger vehicles (up to 20,000 yuan) and prioritizes electric trucks for replacing pre-National IV commercial vehicles.

This policy dividend is expected to further stimulate market demand for Shacman’s new energy products.

Backed by policy support and industrial synergy, Shacman maintained strong growth momentum. Industry data shows that in January 2025, Shacman’s overall vehicle sales increased by 12.4% year-on-year, with new energy vehicle sales surging 343.5% year-on-year to 1,845 units, and its heavy truck market share reaching 15.7%.

The company’s launch of the \”Tianyan\” technology brand and new energy 2.0 products has further consolidated its leading position in the new energy segment, meeting diverse user needs.

\”The Xinjiang industrial cooperation and Proton Motors’ global breakthroughs demonstrate Shacman’s dual advantages in regional industrial synergy and green innovation,\” a Shacman executive stated. \”We will leverage the 2026 policy opportunities to deepen global market layout and contribute to the high-quality development of the commercial vehicle industry.\”

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