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福田汽车(600166.SH)：一季度轻客市场继续保持增长势头 累销超过9万辆

Foton Motor (600166.SH): The light passenger market continued to grow in the first quarter and sold more than 90,000 vehicles

Gelonghui Finance ·  May 14 04:09

Gelonghui, May 14 | Foton Motor (600166.SH) disclosed a record sheet of investor relations activities, showing that in the first quarter of 2024, the light passenger market continued to grow, with cumulative sales of more than 90,000 vehicles, an increase of 7% over the previous year. We expect the light passenger industry to maintain a steady or slight growth trend within three years. The main driving factors are: ① the deep increase in the level of urbanization, especially the increase in the third- and fourth-tier urbanization rate, driving the growth of total urban logistics volume; ② Light Bus New Energy's 7-8 square products are the first in the commercial vehicle sector to achieve the same price of oil and electricity. Combined with its new business model, the threshold and TCO for urban logistics practitioners has been lowered, and the stages will bring growth to the light passenger industry.

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