XCMG launches the world's first line of energy chargers

XCMG officially opened the XCMG Charging Equipment Research Institute (the “Institute”) and put into operation the world's first new power charger production line in Xuzhou, China. “The Institute will play a crucial role in the transformation and improvement of the industry, focusing on green, smart, high-quality, service-oriented and international development, with the aim of creating a market-oriented technological innovation ecosystem that integrates the industry, education. . and research, driving positive original and pioneering R&D models, leading the market with technology and quality, and promoting high-quality industrial development,” said Yang Dongsheng, CEO and president of XCMG.

Following the growing trend of sustainability, the sales penetration rate of new energy chargers continues to increase, from 1.8 percent in February to 5.8 percent in September in China; and XCMG's current penetration rate has reached 12.1 percent.

An intelligent and environmentally friendly production line The new energy charger production line is specially designed for new energy models and adapts to rapid product upgrades and iterations, laying a solid foundation for intelligent production of new products of energy equipment.

In addition to producing zero-emission new energy vehicles, the product line also uses clean energy throughout the production process to eliminate industrial emissions. The distribution and transfer of materials is achieved with motorized equipment, including AGVs and electric forklifts, with a high level of automation and low energy consumption. From equipment, transportation and tools to products: the entire new energy package is completely green, without any type of pollution and with almost zero CO2 emissions.

Does the production line significantly reduce Scope I, II and III emissions? Each new energy charger has an average operating time of 3,000 hours, reducing CO2 emissions by 32.3 tons and 118.35 tons of CO? emissions per year.

Nearly 1,500 new XCMG energy chargers are currently in use, reducing annual CO2 emissions by 48,400 tons and CO2. emissions by 177,500 tons. It is estimated that by 2025, the annual sales volume of XCMG electric chargers will reach 5,000 units, reducing CO2 emissions by 592,000 tons annually.

In 2010, XCMG pioneered the world's first LNG shipper, establishing its leading position in the new energy shipper sector. Today, a broad product portfolio of pure electric, hydrogen-powered new energy and hybrid new energy has emerged, along with applications of smart technologies, including remote control and unmanned operation.