Zhongtong New Energy Saw Dramatic Growth in 2016

From January to April this year, Zhongtong managed to sell over 5,300 units buses, up by over 70% year on year. More worth mentioning is that the company’s sales volume of new energy buses surpassed 4,000 units in the same period. Thanks to such an impressive performance, Zhongtong realized a business revenue of over 3.1 billion RMB, up by 143% year on year. 

Since March this year, word has it that the government would make new adjustments towards new energy buses. Against such a backdrop, Zhongtong did not waver and remained hopeful that it would make new breakthroughs in the constantly changing market. By adhering to its strategies which give priorities to developing new energy buses, Zhongtong has been actively involved in adjusting its product line and improving added values for its customers. So far, its hard work has been paid off. Zhongtong new energy buses, including electric buses, plug-in hybrid buses, and Landi business vehicle rolled out in 2015, have made their way to Puyang in Henan, Yibin in Sichuan, Yungu in Guizhou, Jinan, Zibo, Zaozhuang, Linyi, Laiwu, Binzhou, Liaocheng, Tengzhou in Shandong. According to the latest statistics released by China’s Ministry of Industry and Information Technology, in both electric and plug-in hybrid bus markets, Zhongtong’s market share has surpassed 26% in the first quarter this year, far above its counterparts.   

While in line with state policies towards new energy bus development, Zhongtong has always put its customers" needs on the top priority and it has been watching very closely the market development trend. All these have contributed to its success in China"s new energy bus market.

Since 2014, Zhontong has rolled out a variety of highly adaptable new energy buses, ranging from electric buses to plug-in hybrid buses with a length of 6-12 meters. Zhongtong electric buses measuring 6.6-meter and 8-meter in length have already become the two classic bus models with a host of imitator. Moreover, Zhongtong 10-meter and 12-meter plug-in hybrid buses and double-energy sources track-free buses have long made their way to a number of cities across China.  

From January to April this year, Zhontong 8-meter electric buses delivered an exceptionally excellent performance and became the highly sought-after bus product in the market. Its total sales volume reached nearly 2,500 units, ranking the top positions among its counterparts.

With an accuracy of a scalpel, Zhongtong has successfully found the right position for itself in the market. Since the beginning of this year, Zhongtong"s market share in Shandong province has reached 95%. Also thanks to its marketing team with an invincible spirit, Zhongtong has constantly secured a number of major deals with customers both from home and abroad.

These days, how to improve the competitiveness of Zhongtong bus products and cut its production costs have become the top challenges for the bus maker. By joining hands with its suppliers, it has achieved great success in cutting its costs and enhancing the overall competitiveness of its products. In addition, it has been making great efforts to maximize the value of its vehicles during their whole lifecycles, thus helping its customers reduce operating costs and improve profitability.

Recently, Zhongtong launched "1 mm" project, encouraging its workers to produce buses with a new level of craftsmanship. With its scrupulous attention to every detail of its products, Zhongtong is set to continue its robust growing momentum in the years to come.