President Tan’s such remarks are based on the fact that China still has over three million trucks in operation with National III Emission Standards. Still, China’s heavy-duty truck market is confronted with a host of challenges, according to Tan.
Shaanxi Heavy-duty Automobile Co., Ltd., with its majority shares held by Weichai Power, aims to achieve a sales volume of 300,000 units light-, medium-, and heavy-duty trucks before 2025. To achieve its goal, the company has been strengthening its R&D and marketing efforts and solidifying its leading position in the fossil fueled commercial vehicle market.
