CNHTC’s annual planning set the group’s 2026 domestic sales target at 340,000 vehicles, building on a record ~300,000 heavy-duty trucks sold in 2025. Group revenue for 2025 was projected to exceed ¥225 billion, +17% year-on-year, with vehicle sales up 25%. The strategy documents name new energy and hydrogen energy as the primary technology vectors for the growth.

The target’s structure is the story: China’s largest heavy-truck exporter expects a further 13% volume increase in a market where new-energy penetration is already above 30% — meaning the growth is substantially an electrification programme, not a diesel one. The group’s public positioning pairs the traditional HOWO/Sitrak strength (third-generation MC engines, AMT integration) with accelerated NEV lines and the Toyota hydrogen agreement.

For European readers: CNHTC’s target is a useful calibration of what ‘scale’ means in this industry. One Chinese group plans to sell this year roughly 2.4× the total number of trucks (all fuels) registered in the entire EU in H1 2026. When European executives describe the competitive threat as existential (as Reuters reported in March), this is the arithmetic behind the adjective.