FAW Jiefang, the commercial vehicle arm of FAW Group, reported robust sales performance in the first two months of 2025, with total sales exceeding 48,000 units, marking a 4% year-on-year increase. It maintained leading position in the domestic medium- and heavy-duty truck market, capturing a market share of 25.9 percent. FAW Jiefang also demonstrated strong competitiveness across key segments, including tractors, trucks, and natural gas vehicles. Notably, FAW Jiefang sold 6,223 NEVs during the same period, achieving a market share of 12.9% and a remarkable growth of 211% year-on-year.

As a leading company  in China’s commercial vehicle industry, FAW Jiefang remains committed to its mission of driving innovation and pursuing high-quality development. Since the beginning of 2025, the company has made significant progress across various initiatives, laying a solid foundation for achieving its annual business objectives.

Amid the global automotive industry’s rapid digital transformation, FAW Jiefang has accelerated the cultivation of new quality productive forces, positioning itself as a key driver of industrial upgrading.

The company’s J7 Intelligent Plant, integrating highly automated, flexible and digital intelligent technologies, has established a fully connected system for order, product, and manufacturing data. This innovative model of "personalized customization, networked collaboration, and intelligent manufacturing" has deepened the integration of manufacturing and digital technologies, optimizing efficiency, profitability, and cost-effectiveness. Recognized as one of the Ministry of Industry and Information Technology’s first batch of excellence-level smart factories, the J7 plant is the only commercial vehicle facility to receive this honor, providing strong support for the sustained popularity of FAW Jiefang’s high-end heavy-duty trucks.

Under the guidance of China’s dual carbon (改成：carbon peaking and carbon neutrality) goals, green and low-carbon development has become a central theme in the commercial vehicle industry. While maintaining its stronghold in traditional energy vehicles, FAW Jiefang has significantly increased its investment in the NEV sector, driving technological advancements and industrial upgrades. The company’s lightweight, energy-efficient, and intelligent products have gained widespread market recognition and user acclaim, contributing to the rising penetration of NEVs in the commercial vehicle market.

At the start of the year, FAW Jiefang deepened its strategic partnership with CATL through their joint venture, FAW Jiefang-CATL New Energy Technology Co Ltd., which aims to achieve a leap in NEV sales. Additionally, FAW Jiefang has partnered with REFIRE to promote the large-scale operation of hydrogen-powered commercial vehicles. Hundreds of hydrogen-powered vehicles have been deployed in Shanghai’s hydrogen demonstration city cluster, serving high-energy-consumption scenarios such as steel parks and cold chain logistics, with a focus on expanding into port and industrial park applications.

"Going global" is a strategic imperative for China’s automotive industry and a necessary step toward building world-class enterprises. FAW Jiefang has adopted a "localized manufacturing plus scenario-based products" strategy to optimize its systems and expand its market presence, enhancing its comprehensive competitiveness and accelerating its globalization efforts.

Recently, FAW Jiefang signed an agreement with an Australian distributor, marking a significant step in its market expansion efforts and opening new opportunities under its "SPRINT 2030" global strategy. Australia’s transportation market, particularly road transport sector, holds immense potential and represents a critical component of FAW Jiefang’s global strategy. The company will leverage its strengths to seize key opportunities, establish a strong brand presence in Australia, and create new growth drivers for sales and profitability.

In 2025, FAW Jiefang will accelerate its strategic transformation, aiming to achieve new breakthroughs, growth, and milestones. The company is determined to secure a strong finish to the 14th Five-Year Plan and continue its relentless pursuit of becoming a world-class enterprise and a century-old national brand. With unwavering commitment, FAW Jiefang is poised to lead the industry into a new era of innovation and excellence.

FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

| Editor: Duying
| Initial Review Chen Duohua
| Second Review: Liu Shumei
| Final Review: Li Xiang

On March 3, FAW Group held a meeting to summarize its business performance for January-February and to set goals for March. In the first two months of the year, FAW sold over 460,000 vehicles, marking a strong start. Among these, sales of its self-owned brands exceeded 140,000 units, a year-on-year increase of 11.3%. Sales of new energy vehicles under its self-owned brands surged by 193%, five times the industry average. Additionally, FAW-Volkswagen and FAW Toyota maintained leading positions among joint venture brands.

Hongqi, the premium passenger vehicle brand of FAW Group, has seen steady growth in its high-end vehicle sales. Supported by the "two new" subsidies - large-scale equipment renewal and consumer product trade-ins - Hongqi launched an HS7 original-value trade-in program, attracting widespread attention from high-end potential customers. In the first two months of 2025, Hongqi achieved wholesale sales of 70,434 units, a year-on-year increase of 7.9%, with new energy vehicle sales up 56.9%.

Jiefang, the commercial truck brand under FAW Group, launched the new-generation JH6, which features 22 lightweight technology upgrades. The Jiefang J7 intelligent factory was recognized as one of the Ministry of Industry and Information Technology's first batch of excellence-level smart factories. In the first two months of this year, FAW Jiefang achieved a strong start, demonstrating robust growth momentum.

Bestune, another wholly-owned passenger vehicle brand of FAW Group, launched the "Bring Love Home" Spring Festival campaign and the brand technology day event. It also introduced the refreshed Linglong Pony and Lingli Pony models, and held dealer mobilization meetings for the Yueyi 03. By capitalizing on the "two new" subsidies and strengthening its new media customer acquisition strategy, Bestune sold 24,000 vehicles from January to February, a 46% year-on-year increase, significantly outperforming the industry average.

FAW-Volkswagen, a passenger car joint venture between FAW Group and Volkswagen AG, achieved wholesale sales of 226,000 vehicles and retail sales of 235,000 vehicles in the first two months of 2025, both exceeding its sales targets. Its estimated retail market share for fuel vehicles reached 13.3%, a year-on-year increase of 2.1%. Specifically, Volkswagen brand sold 136,000 units, with its fuel vehicle market share rising month-on-month. Audi brand sold 82,700 domestically produced vehicles, achieving positive year-on-year growth. Jetta brand sold 16,500 units, with both market coverage and fuel vehicle market share increasing year-on-year.

FAW Toyota, a joint venture between FAW Group and Toyota Motor, sold 93,000 vehicles in January to February, a year-on-year increase of 21%. The company also exceeded its cost reduction targets, laying a solid foundation for high-quality development.

FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

| Editor: Duying
| Initial Review Chen Duohua
| Second Review: Liu Shumei
| Final Review: Li Xiang

Hongqi, the premium passenger vehicle brand of FAW Group, announced the in-depth integration of its self-developed Lingxi smart cockpit AI platform with the DeepSeek large model,  so as to further enrich the flexibility and scalability of its AI platform. Through the collaboration, Hongqi’s smart cockpit large model can be switched to the industry-leading AI models seamlessly, offering users a brand-new experience of intelligent cockpit ecosystem. 

In the first half of 2025, Hongqi will accelerate the adoption of large AI models, and provide users with smarter and more personalized driving and riding experiences.

FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

| Editor: Duying
| Initial Review Chen Duohua
| Second Review: Liu Shumei
| Final Review: Li Xiang