According to the latest data from the China Association of Automobile Manufacturers, in the first half of 2024, China's truck exports reached a total of 351,000 units, achieving a year-on-year growth of 6%. This achievement is the pinnacle of performance in the same period in the past seven years. This growth rate not only exceeds the growth pace of the domestic truck market, but also exceeds the average growth rate of the global truck industry, highlighting the vitality and significant competitive advantages of China's truck export sector.

According to estimates from Soochow Securities in a recent research report, the total size of the overseas heavy truck market in 2024 will be approximately 1.54 million units, of which Chinese brands will have access to approximately 560,000 units.