SHANGHAI, June 4, 2024 /PRNewswire/ -- Leading Chinese
heavy equipment manufacturer SANY Group ("SANY") has reported
that its total revenue of electric products reached 3.146 billion yuan (US$434.78 million) in 2023, with hydrogen energy
products achieving 130 million yuan
(US$17.97 million) in revenue.
Considering the simultaneous transformation period of the fourth
industrial revolution and third energy revolution, the global
construction machinery industry is now going through an
unprecedented window of opportunity for supertechnology
development.
Steady roadmap with low-carbon product iteration
SANY has taken a head start in the low-carbon sector. Its
new energy technology committee, established in 2021, oversees and
manages the planning of new energy technology development, patent
layout, forward-looking technology R&D and industry
incubation.
In 2023, SANY launched more than 130 new energy products,
including the world's first fully electric rotary drilling rig, and
hydrogen energy mixing truck equipped with its self-developed fuel
battery system. The green products and solutions not only meet the
clients' need for their low-carbon transformation, they are also
creating greater value for clients through innovation that reduces
full life cycle operation costs significantly.
Green transformation empowered by innovative R&D
To further elevate the Group's core competitive advantages in
the low-carbon market, SANY has been laying out in five major
technology directions through independent and strategic
cooperation, including battery cell, electric drive bridge
technology, VCU centralized control platform, charging and battery
switching station, fuel cell system, and control technology.
In 2023, SANY has obtained 275 low-carbon patents and launched
three integrated electric drive bridges for tractors, mixers, and
dump trucks covering the loading range of 11.5 to 16 tons.
Leveraging strong product competitive advantages and innovative
R&D capabilities, SANY is growing in the market. The sales
of SANY's electric mixer trucks increased by 47 percent
year-on-year in 2023, maintaining the highest market share for
three years consecutively, while the sales of electric cranes
continue to lead the industry.
"Looking ahead, SANY will continue to strengthen our R&D
capabilities and the core advantages of our products to promote
green and sustainable development comprehensively. We're
rooted to lower carbon emissions at the source and throughout our
operations to build a full-cycle green production chain that will
be fueling the high-quality development of the Group, accelerate
industry transformation and upgrading, and contribute to reaching
carbon peaking and carbon neutrality goals," said Xiang Wenbo,
rotating chairman of SANY Group.
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