行业动态周报 · Weekly Industry Brief

本周主线Bottom Line

综合判断：更新需求（量）偏暖，电驱化升级（价）既是机会也是替代威胁——应尽早评估电驱桥趋势对传统车轴产品线的冲击。

Net read: replacement volume is warming, and the electrification upgrade is both an opportunity and a substitution threat — assess the e-axle trend's impact on our legacy axle lines early.

信号Signal

电驱化正从整车向“桥”端下沉：采埃孚 AxTrax 2 同轴电驱桥在嘉兴首产，叠加 BPW/TIP 电动挂车试点与矿卡纯电实测；传统车桥/悬架被“电驱桥 + 线控”重新定义，ZF、BPW、博世已卡位。

Electrification is descending from the vehicle to the axle: ZF's coaxial e-axle AxTrax 2 hit first global volume production in Jiaxing, alongside BPW/TIP e-trailer pilots and battery-electric mining trials; axles/suspension are being redefined by "e-axle + by-wire", with ZF, BPW and Bosch already positioning.

需求Demand

欧美挂车温和回暖：美国 5 月净订单约 20,700 台，同比 +237% 系去年低基数、以更新换代为主，环比仅 +7%，ACT 否认进入广泛上行周期。核心区域印尼商用车需求同比强劲（日系三强 +20~35%）。

Western trailers are modestly recovering: U.S. May net orders ~20,700; the +237% is YoY off a low base, replacement-led, only +7% MoM, ACT denying a broad upcycle. Core-market Indonesia CV demand is strong YoY (Japanese trio +20–35%).

政策Policy

中国政策双线收紧：GB 1589 轴荷/外廓限值修订在即（“合规 + 轻量化”），11 部门《新能源商用车规模化应用实施方案》锁定 2030 年渗透率 40%——合规与电驱化共同重塑卡车车桥需求。

China policy on two fronts: a GB 1589 axle-load/dimension revision is imminent ("compliance + lightweighting"), while an 11-ministry NEV heavy-truck scale-up plan locks in 40% penetration by 2030 — compliance and electrification jointly reshaping axle demand.

本周要点Key Takeaways

采埃孚（ZF）全集成同轴电驱桥 AxTrax 2 在嘉兴全球首次量产——电驱桥直接切入传统车桥腹地，是本周对车轴业务最强的竞品信号。ZF's coaxial e-axle AxTrax 2 began its first global volume production in Jiaxing — e-axles cutting into traditional axle territory; the strongest competitor signal this week for the axle business.
工信部公示 GB 1589 报批稿（外廓尺寸、轴荷及质量限值），意见征集 6/17–24，含“不增大新能源商用车总质量限值”——直接牵动车轴与挂车合规边界。MIIT released the GB 1589 draft (dimensions, axle loads, mass limits) for comment (17–24 Jun), incl. no gross-mass increase for NEV commercial vehicles — directly shaping axle/trailer compliance.
美国 5 月挂车净订单约 20,700 台（季调约 36,700），同比 +237%（低基数）、环比 +7%；ACT Research 强调以更新换代为主，未进入广泛上行周期。U.S. May trailer net orders ~20,700 (SA ~36,700), +237% YoY (low base) but only +7% MoM; ACT stresses replacement-led demand, not a broad upcycle.
中国内燃机行业 1–5 月进出口 173.02 亿美元、同比 +12.3%（海关总署）；上汽商用车 5 月销量同比 +41%、整体新能源渗透率 35%。China's ICE-industry trade reached US$17.302bn in Jan–May, +12.3% YoY (Customs); SAIC's commercial vehicles rose 41% YoY in May with 35% NEV penetration.
矿卡电动化与自动化提速：必和必拓/力拓/卡特彼勒在西澳 Pilbara 实测 Cat 793 XE 纯电矿卡；秘鲁 Southern Copper 将首次部署小松无人矿卡。Mining-truck electrification/automation accelerated: BHP/Rio/Cat trialled Cat 793 XE battery-electric trucks in WA; Peru's Southern Copper will deploy its first Komatsu autonomous trucks.
核心区域印尼 5 月商用车需求强劲：五十铃批发 2,570 辆（同比 +34.98%）领先，扶桑、日野同比 +20~34%（GAIKINDO）。Strong May CV demand in core market Indonesia: Isuzu led wholesales at 2,570 units (+34.98% YoY), with Fuso and Hino up 20–34% YoY (GAIKINDO).

01重卡 / 商用车市场Trucks & Commercial Vehicles4

11 部门《推动新能源商用车规模化应用实施方案》：2030 年渗透率 40%、保有量 160 万辆11 ministries' plan to scale NEV heavy trucks: 40% penetration, 1.6m parc by 2030¹

6/12 交通运输部、国家发改委等 11 部门联合印发《推动新能源商用车规模化应用实施方案》，首次从顶层为新能源重卡设定量化目标：2030 年保有量突破 160 万辆、渗透率达 40%，规划 3 万公里零碳高速货运通道、3000 座卡车充换电站，京津冀、汾渭平原等重点区域短途运输电动化率超 80%。2026 年 1–5 月新能源重卡累计销 10.26 万辆、同比 +67.6%，渗透率突破 30%。On 12 Jun, China's Ministry of Transport, NDRC and nine other ministries (11 in total) jointly issued a plan to scale up NEV heavy-duty trucks, setting top-down quantitative targets for the first time: a parc above 1.6 million and 40% penetration by 2030; 30,000 km of zero-carbon expressway corridors and 3,000 truck charging/swapping stations; and over 80% short-haul electrification in priority regions (Beijing-Tianjin-Hebei, Fenwei Plain). NEV heavy-truck sales reached 102,600 units in Jan–May 2026, +67.6% YoY, with penetration above 30%.

关键数据Key data2030 渗透率 40%40% penetration by 20302030 保有量 160 万辆1.6m parc by 20301–5 月 10.26 万辆（YoY +67.6%）Jan–May 102,600 (+67.6% YoY)渗透率 >30%penetration >30%3000 座充换电站3,000 stations

对业务的含义Implication

政策从顶层锁定电动化路径，渗透率目标直接放大电驱桥/三电/充换电需求，并加速柴油重卡置换（更新需求）；与本周采埃孚电驱桥量产、车轴电动化趋势直接呼应，是车轴产品线电动化转型的政策风向标。

The plan locks in the electrification path top-down, directly amplifying demand for e-axles/e-powertrain/charging-swap and accelerating diesel-truck replacement; it dovetails with this week's ZF e-axle volume production and the axle-electrification trend — a policy bellwether for the axle line's electric transition.

上汽商用车 5 月销量同比 +41%，整体新能源渗透率 35%SAIC commercial vehicles +41% YoY in May, 35% NEV penetration²

上汽商用车 5 月销量同比增长 41%（约为行业增速 3.3 倍），轻客 1–5 月累计市占率 26.8%（同比 +6.7 个百分点）居首，轻卡新能源占比 67%，整体新能源渗透率 35%。SAIC's commercial vehicles grew 41% YoY in May (~3.3× the market); light buses led cumulative Jan–May share at 26.8% (+6.7pp YoY), light trucks ran a 67% NEV mix, and overall NEV penetration reached 35%.

关键数据Key dataYoY +41%YoY +41%轻客市占 26.8%LCV share 26.8%+6.7pp+6.7pp新能源渗透 35%NEV 35%

对业务的含义Implication

龙头新能源渗透率远超行业、份额向头部集中，零部件供应应紧跟主流平台电动化节奏。

A leader's NEV penetration far above average with share concentrating at the top — component supply should track mainstream platforms' electrification cadence.

中国内燃机行业 1–5 月进出口 173 亿美元，同比 +12.3%China ICE-industry trade US$17.3bn in Jan–May, +12.3% YoY³

据海关总署，2026 年 1–5 月内燃机行业进出口总额 173.02 亿美元，同比 +12.3%；其中出口 127.57 亿美元（同比 +11.36%）、进口 45.45 亿美元（同比 +15.04%），进口涨幅快于出口。Per China Customs, ICE-industry trade totalled US$17.302bn in Jan–May 2026, +12.3% YoY — exports US$12.757bn (+11.36%) and imports US$4.545bn (+15.04%), with imports outpacing exports.

关键数据Key data总额 173.02 亿美元US$17.302bnYoY +12.3%YoY +12.3%出口 127.57 亿 (+11.36%)Exp 12.757bn (+11.36%)进口 45.45 亿 (+15.04%)Imp 4.545bn (+15.04%)

对业务的含义Implication

动力总成贸易双向扩张、进口增速更快，反映高端零部件仍依赖进口——国产替代与配套出口两端均有空间。

Two-way powertrain-trade growth with faster imports shows high-end components still rely on imports — room on both localisation and component-export sides.

国内成品油价格下调，柴油每吨降 495 元China cuts retail fuel prices; diesel down RMB 495/tonne⁴

国内成品油价格下调，柴油每吨下降 495 元，降低公路货运燃料成本。China cut retail fuel prices, with diesel down RMB 495/tonne, easing road-freight fuel costs.

关键数据Key data柴油 −495 元/吨Diesel −RMB 495/t

对业务的含义Implication

柴油成本回落短期削弱燃气/电动重卡 TCO 优势，可能影响新能源渗透节奏与换购需求。

Lower diesel costs temporarily narrow the TCO edge of gas/electric HDVs, possibly affecting NEV-penetration pace and replacement demand.

02挂车 / 零部件与竞争对手Trailers, Components & Competitors4

采埃孚 AxTrax 2 全集成同轴电驱桥在嘉兴全球首次量产ZF's coaxial e-axle AxTrax 2 enters first global volume production in Jiaxing⁵

6/22 采埃孚商用车全集成式同轴电驱桥 AxTrax 2 首台在嘉兴下线，为该产品全球首次量产。采用“同轴一体化”设计，集成 800V 碳化硅逆变器与发卡式油冷电机、配 3 速变速箱，主打紧凑轻量、释放底盘空间、提升系统效率与续航。On 22 Jun ZF's fully-integrated coaxial e-axle AxTrax 2 rolled off the line in Jiaxing — its first global volume production. Its coaxial design integrates an 800V SiC inverter, a hairpin oil-cooled motor and a 3-speed gearbox, emphasising compactness, lightweighting, freed chassis space and higher efficiency/range.

关键数据Key data全球首次量产1st global volume prod.800V SiC800V SiC3 速变速箱3-speed gearbox

直接关切Directly material对业务的含义Implication

电驱桥把电机/变速/控制集成进“桥”，对传统车轴是结构性替代威胁；应评估其在新能源重卡/挂车的渗透节奏与我们的应对（配套或自研电驱桥）。

E-axles integrate motor/gearbox/control into the axle — a structural substitution threat to traditional axles; assess its penetration in NEV trucks/trailers and our response (supply or in-house e-axle).

工信部公示 GB 1589 报批稿，重塑挂车外廓尺寸/轴荷/质量限值MIIT releases GB 1589 draft, reshaping trailer dimensions, axle loads and mass limits⁶

2026/6/17 工信部就 GB 1589《汽车、挂车及汽车列车外廓尺寸、轴荷及质量限值》报批稿公开征求意见（6/17–24）。该标准是商用车公告准入、上路与执法的底层强制规则，本次围绕新能源、流线形驾驶室、45 英尺集装箱运输、专项作业车等修订，并拟“不增大新能源商用车总质量限值”。On 17 Jun MIIT opened comment (17–24 Jun) on the GB 1589 draft governing dimensions, axle loads and mass limits for vehicles, trailers and road trains — the mandatory baseline for type-approval, road use and enforcement. It covers NEVs, streamlined cabs, 45-ft container transport and special-purpose vehicles, and proposes not raising the NEV gross-mass limit.

关键数据Key data公示 6/17–24Comment 17–24 Jun含 45 英尺集装箱incl. 45-ft container新能源不增总质量NEV gross-mass flat

对业务的含义Implication

轴荷/外廓是车轴、牵引座与挂车设计的硬约束；新能源不增总质量倒逼电动化增重靠轻量化（含车轴/连接件）消化，轻量化与合规设计需求上行，应跟踪终稿。

Axle-load/dimension limits are hard design constraints; holding NEV gross mass flat forces electrification weight into lightweighting (incl. axles/couplings) — track the final text.

美国 5 月挂车净订单约 20,700 台，同比 +237%、环比 +7%U.S. May trailer net orders ~20,700, +237% YoY but +7% MoM⁷

据 ACT Research，美国 5 月挂车净订单约 20,700 台（季调约 36,700）。同比 +237% 主要源于去年极低基数，环比 4 月（约 19,400 台）仅约 +7%；ACT 强调需求集中在更新换代，未进入广泛上行周期。Per ACT Research, U.S. May trailer net orders were ~20,700 (SA ~36,700). The +237% YoY reflects a very low year-ago base; MoM growth was only ~7%, and ACT stresses replacement-led demand, not a broad upcycle.

关键数据Key data约 20,700 台~20,700 units季调约 36,700SA ~36,700YoY +237%YoY +237%MoM +7%MoM +7%

对业务的含义Implication

北美挂车温和回暖、以更新换代为主，配套件随更新周期受益，但不宜按“爆发”备产。

North-American trailer demand is recovering modestly and replacement-driven; couplings/kingpins/axles benefit with the cycle — but don't plan capacity around a "surge".

MJ Transport 增购 50 台 Schmitz 帘式半挂；BPW 扩售后绑定 Krone 并试点电动挂车MJ Transport adds 50 Schmitz curtainsiders; BPW expands aftermarket (Krone) and pilots an e-trailer⁸

德国 MJ Transport 一次交付 50 台 Schmitz S.CS 帘式半挂；Krone 接入 BPW 售后网络（约 20 国、150+ 网点）分销原厂件；TIP 联合 BPW、Nivalis 在德国试点能量回收电动挂车，预计年省最多 7,000 升柴油。Germany's MJ Transport took 50 Schmitz S.CS curtainsiders; Krone joined BPW's aftermarket network (150+ sites, ~20 countries); and TIP, BPW and Nivalis piloted an energy-recovery e-trailer in Germany, projected to save up to 7,000 L diesel/yr.

关键数据Key data50 台 Schmitz50 Schmitz售后 150+ 网点 / ~20 国150+ sites / ~20 ctry年省 ≤7,000 L 柴油≤7,000 L/yr saved

对业务的含义Implication

竞品在“高端半挂 + 售后网络 + 电动挂车”多线推进，BPW 借电动挂车把动力引入挂车端，抬升车轴/制动技术与渠道壁垒。

Competitors push on premium trailers, aftermarket reach and e-trailers; BPW's e-trailer brings propulsion to the trailer, raising axle/braking tech and channel barriers.

03矿用车 & 矿业Mining Vehicles & Mining2

必和必拓、力拓、卡特彼勒在 Pilbara 实测 Cat 793 XE 纯电矿卡BHP, Rio Tinto & Caterpillar trial Cat 793 XE battery-electric haul trucks at Jimblebar⁹

三方在西澳 Pilbara 必和必拓 Jimblebar 铁矿启动两台 Cat 793 XE Early Learner 纯电矿卡矿区示范，已现场测试三个月，并将推进动态供电（DET）测试。BHP, Rio Tinto and Caterpillar launched a mine-site demo of two Cat 793 XE Early Learner battery-electric haul trucks at Jimblebar (WA) after three months of testing, progressing toward Dynamic Energy Transfer (DET).

关键数据Key data2 台 Cat 793 XE2× Cat 793 XE现场测试 3 个月3-month trialDETDET

对业务的含义Implication

大型矿卡电动化进入实测，矿用车轴/底盘需匹配电驱与动态供电，存在高价值配套升级机会。

Large-mining-truck electrification is in field trials; mining axles/chassis must suit e-drive and DET — a high-value upgrade opportunity.

秘鲁 Southern Copper 的 Tía María 将首次部署小松无人矿卡Southern Copper's Tía María to deploy Peru's first Komatsu autonomous trucks¹⁰

小松三井称，Southern Copper 的 Tía María 项目将成为秘鲁首个运行小松自动化矿卡的项目；该国 Quellaveco 矿已运行 30 台自动驾驶 Cat 794AC。Komatsu-Mitsui says Southern Copper's Tía María will be Peru's first project to run Komatsu autonomous trucks; the country's Quellaveco mine already runs 30 autonomous Cat 794AC trucks.

关键数据Key dataQuellaveco 已部署 30 台 Cat 794AC（自动驾驶）Quellaveco: 30 autonomous Cat 794AC

对业务的含义Implication

无人矿卡持续放量，自动化抬高车轴/悬架/传感件可靠性门槛，是高附加值配套方向。

Autonomous haulage keeps scaling; automation raises reliability bars for axles/suspension/sensing — a high-value direction.

04远东市场Far East Markets2

印尼 5 月商用车批发：五十铃居首、扶桑零售领先、日野高增Indonesia May 2026 CV wholesales: Isuzu leads, Fuso tops retail, Hino surges¹¹

据 GAIKINDO，2026 年 5 月印尼商用车市场日系三强竞争激烈。五十铃（Isuzu）批发（出厂至经销商）2,570 辆居首；三菱扶桑（Fuso）批发 2,371 辆、零售 2,447 辆（零售第一）；日野（Hino）批发 2,056 辆；FAW 同台竞争。Per GAIKINDO, Indonesia's May 2026 CV market saw tight competition among the Japanese majors: Isuzu led wholesales (factory-to-dealer) at 2,570; Mitsubishi Fuso 2,371 wholesale and 2,447 retail (retail leader); Hino 2,056 wholesale; with FAW also competing.

关键数据Key dataIsuzu 批发 2,570（YoY +34.98%）Isuzu WS 2,570 (+34.98% YoY)Fuso 批发 2,371（+20.54%）/ 零售 2,447Fuso WS 2,371 (+20.54%) / RT 2,447Hino 批发 2,056（+33.77%）Hino WS 2,056 (+33.77%)

对业务的含义Implication

核心区域（印尼）商用车需求同比强劲（日系三强 +20~35%），直接利好配套件需求；五十铃/扶桑/日野是当地主力 OEM，份额此消彼长（扶桑环比回落）值得按月追踪以对接配套机会。

Demand in our core market (Indonesia) is strong YoY (Japanese trio +20–35%), directly supportive for component demand; Isuzu/Fuso/Hino are the dominant local OEMs — monthly share shifts (Fuso down MoM) worth tracking for fitment opportunities.

远东各国商用车月度（深更，已逐国核实口径）Far East monthly CV by market (deep-update, caliber verified)¹²

经逐国协会 / 权威媒体核实的商用车（CV）细分口径如下（已与总市场严格区分）：Commercial-vehicle (CV) figures verified per national association / authoritative media, strictly separated from total-market:

马来西亚 · MAAMalaysia · MAACV 3,890（YoY −26%）CV 3,890 (−26% YoY)YTD 19,790YTD 19,790总市场 TIV 61,250（−12%）TIV 61,250 (−12%)

日本 · JAMAJapan · JAMA卡车注册 55,168（YoY +2.2%）Trucks 55,168 (+2.2% YoY)

泰国 · FTI（4月）Thailand · FTI (Apr)1 吨皮卡 9,831（−10.1%）1t pickup 9,831 (−10.1%)5–10 吨卡车 1,401（+29.0%）5–10t truck 1,401 (+29.0%)Hilux 5,564 · D-Max 3,469Hilux 5,564 · D-Max 3,469

越南 · VAMA（YTD）Vietnam · VAMA (YTD)CV 40,665（YoY +22%）CV 40,665 (+22% YoY)Thaco CV 11,253（+12%）Thaco CV 11,253 (+12%)不含 VinFast / 现代 TCexcl. VinFast / Hyundai TC

韩国 · 现代Korea · Hyundai现代 5 月 CV 8,528（口径未披露）Hyundai May CV 8,528 (basis n/d)KAMA CV 仅到 4 月（卡车 8,216）KAMA CV thru Apr (trucks 8,216)

台湾 / 菲律宾Taiwan / Philippines无 CV 细分，待协会发布no CV split — pending台湾总市场 33,076（+3.7%）TW TIV 33,076 (+3.7%)菲 4 月 27,225（−18.9%）PH Apr 27,225 (−18.9%)

对业务的含义Implication

辖区 CV 冷热分化——日本（+2.2%）、泰国中重卡（5–10 吨 +29%）、越南 YTD（+22%）偏暖，马来西亚明显回落（−26%）；东盟仍以皮卡（丰田/五十铃）与轻型为主，重卡/挂车配套机会集中在泰国中重卡与越南放量段。下月补全泰国 5 月、台/菲 CV 细分。

CV demand diverges — Japan (+2.2%), Thai medium trucks (5–10t +29%) and Vietnam YTD (+22%) are warm, while Malaysia fell sharply (−26%); ASEAN remains pickup/light-led (Toyota/Isuzu), with HDV/trailer component opportunities concentrated in Thai medium trucks and Vietnam's growth. Next month: complete Thailand May and Taiwan/Philippines CV splits.

留白 · 蒙古 / 新加坡 / 香港　本周无直接命中产品线 / 实体的实质动态，按留白规则从略。Blank · Mongolia / Singapore / Hong Kong　No material developments hitting the product lines/entities this week; omitted per the blank rule.

05中国 OEM 出海China OEM Overseas Expansion2

光梭未来 BULLETRUX 欧标纯电重卡首发并赴欧路测Liangsuo's BULLETRUX EU-spec e-truck debuts, heads to Europe for road validation¹³

光梭未来发布专为欧洲货运正向研发的 BULLETRUX 欧标版纯电重卡，即将赴欧实地验证。搭载克诺尔（Knorr-Bremse）制动系统、原生适配 CCS2 双枪快充、铝合金轻量化轮毂与低风阻套件，对标欧洲法规与路况。Liangsuo unveiled its BULLETRUX EU-spec battery-electric truck, purpose-engineered for European freight and bound for on-road validation there, with Knorr-Bremse braking, native CCS2 dual-gun fast-charging, lightweight aluminium wheels and aero kit, benchmarked to EU regs and roads.

关键数据Key data克诺尔制动Knorr-BremseCCS2CCS2铝合金轻量化轮毂Al lightweight wheels

对业务的含义Implication

中国新能源重卡以“欧洲 tier-1 配套（克诺尔）+ 正向定制”切欧洲，提示出海需国际级零部件背书；对牵引件/制动/轻量化供应商既是竞争也是配套机会。

A Chinese e-HDV entering Europe via tier-1 components (Knorr-Bremse) plus ground-up design shows export needs international-grade sourcing — both competition and a fitment opportunity for coupling/braking/lightweighting suppliers.

中集车辆“星辰计划”：从“星链”迈向更激进的结构性转型"Stellar shift": CIMC Vehicles moves to a more ambitious "Stellar Plan"¹⁴

中集车辆 2025 年营收 201.8 亿元人民币（约 25 亿欧元），完成三年“星链计划”并开启“星辰计划”，以本地化制造与高端化应对全球挂车行业周期波动与产能过剩。CIMC Vehicles reported RMB 20.18bn (~EUR 2.5bn) 2025 revenue, completing its "Star-Chained Plan" and launching the "Stellar Plan", using localised manufacturing and premiumisation to weather volatility and overcapacity.

关键数据Key data2025 营收 201.8 亿元 (~€2.5bn)2025 rev. RMB 20.18bn (~€2.5bn)

对业务的含义Implication

头部中国挂车厂重塑全球布局，是牵引件/车轴供应商在出海市场的核心客户与竞争参照系。

The leading Chinese trailer OEM is reshaping its global footprint — a core customer and competitive benchmark for coupling/axle suppliers in export markets.

来源Sources

1中国商用汽车网（11 部门实施方案解读）cv.ce.cn (11-ministry NEV-HDV plan) cv.ce.cn2026-06-25

2中国商用汽车网cv.ce.cn cv.ce.cn2026-06-23

3卓众商用车（引海关总署）bjcv.com (cites China Customs) bjcv.com2026-06-23

4中国商用汽车网cv.ce.cn cv.ce.cn2026-06-18

5中国商用汽车网cv.ce.cn cv.ce.cn2026-06-23

6卓众商用车bjcv.com bjcv.com2026-06-23

7Transport TopicsTransport Topics ttnews.com2026-06-23

8Global TrailerGlobal Trailer Schmitz Krone-BPW e-trailer2026-06-18–23

9International MiningInternational Mining im-mining.com2026-06-23

10International MiningInternational Mining im-mining.com2026-06-23

11GAIKINDOGAIKINDO gaikindo.or.id （印尼语）(Indonesian)2026-06-22

12远东各国月度：Far East monthly: MAA MY·JustAuto JP·JustAuto TH·Autolife/FTI VN·VAMA KR·Hyundai （部分需订阅）(some paywalled)2026-06

13卓众商用车bjcv.com bjcv.com2026-06-24

14Global TrailerGlobal Trailer globaltrailermag.com2026-06-23

11 部门《推动新能源商用车规模化应用实施方案》：2030 年渗透率 40%、保有量 160 万辆11 ministries' plan to scale NEV heavy trucks: 40% penetration, 1.6m parc by 20301

上汽商用车 5 月销量同比 +41%，整体新能源渗透率 35%SAIC commercial vehicles +41% YoY in May, 35% NEV penetration2

中国内燃机行业 1–5 月进出口 173 亿美元，同比 +12.3%China ICE-industry trade US$17.3bn in Jan–May, +12.3% YoY3

国内成品油价格下调，柴油每吨降 495 元China cuts retail fuel prices; diesel down RMB 495/tonne4

采埃孚 AxTrax 2 全集成同轴电驱桥在嘉兴全球首次量产ZF's coaxial e-axle AxTrax 2 enters first global volume production in Jiaxing5

工信部公示 GB 1589 报批稿，重塑挂车外廓尺寸/轴荷/质量限值MIIT releases GB 1589 draft, reshaping trailer dimensions, axle loads and mass limits6

美国 5 月挂车净订单约 20,700 台，同比 +237%、环比 +7%U.S. May trailer net orders ~20,700, +237% YoY but +7% MoM7

MJ Transport 增购 50 台 Schmitz 帘式半挂；BPW 扩售后绑定 Krone 并试点电动挂车MJ Transport adds 50 Schmitz curtainsiders; BPW expands aftermarket (Krone) and pilots an e-trailer8

必和必拓、力拓、卡特彼勒在 Pilbara 实测 Cat 793 XE 纯电矿卡BHP, Rio Tinto & Caterpillar trial Cat 793 XE battery-electric haul trucks at Jimblebar9

秘鲁 Southern Copper 的 Tía María 将首次部署小松无人矿卡Southern Copper's Tía María to deploy Peru's first Komatsu autonomous trucks10

印尼 5 月商用车批发：五十铃居首、扶桑零售领先、日野高增Indonesia May 2026 CV wholesales: Isuzu leads, Fuso tops retail, Hino surges11

远东各国商用车月度（深更，已逐国核实口径）Far East monthly CV by market (deep-update, caliber verified)12

光梭未来 BULLETRUX 欧标纯电重卡首发并赴欧路测Liangsuo's BULLETRUX EU-spec e-truck debuts, heads to Europe for road validation13

中集车辆“星辰计划”：从“星链”迈向更激进的结构性转型"Stellar shift": CIMC Vehicles moves to a more ambitious "Stellar Plan"14

11 部门《推动新能源商用车规模化应用实施方案》：2030 年渗透率 40%、保有量 160 万辆11 ministries' plan to scale NEV heavy trucks: 40% penetration, 1.6m parc by 2030¹

上汽商用车 5 月销量同比 +41%，整体新能源渗透率 35%SAIC commercial vehicles +41% YoY in May, 35% NEV penetration²

中国内燃机行业 1–5 月进出口 173 亿美元，同比 +12.3%China ICE-industry trade US$17.3bn in Jan–May, +12.3% YoY³

国内成品油价格下调，柴油每吨降 495 元China cuts retail fuel prices; diesel down RMB 495/tonne⁴

采埃孚 AxTrax 2 全集成同轴电驱桥在嘉兴全球首次量产ZF's coaxial e-axle AxTrax 2 enters first global volume production in Jiaxing⁵

工信部公示 GB 1589 报批稿，重塑挂车外廓尺寸/轴荷/质量限值MIIT releases GB 1589 draft, reshaping trailer dimensions, axle loads and mass limits⁶

美国 5 月挂车净订单约 20,700 台，同比 +237%、环比 +7%U.S. May trailer net orders ~20,700, +237% YoY but +7% MoM⁷

MJ Transport 增购 50 台 Schmitz 帘式半挂；BPW 扩售后绑定 Krone 并试点电动挂车MJ Transport adds 50 Schmitz curtainsiders; BPW expands aftermarket (Krone) and pilots an e-trailer⁸

必和必拓、力拓、卡特彼勒在 Pilbara 实测 Cat 793 XE 纯电矿卡BHP, Rio Tinto & Caterpillar trial Cat 793 XE battery-electric haul trucks at Jimblebar⁹

秘鲁 Southern Copper 的 Tía María 将首次部署小松无人矿卡Southern Copper's Tía María to deploy Peru's first Komatsu autonomous trucks¹⁰

印尼 5 月商用车批发：五十铃居首、扶桑零售领先、日野高增Indonesia May 2026 CV wholesales: Isuzu leads, Fuso tops retail, Hino surges¹¹

远东各国商用车月度（深更，已逐国核实口径）Far East monthly CV by market (deep-update, caliber verified)¹²

光梭未来 BULLETRUX 欧标纯电重卡首发并赴欧路测Liangsuo's BULLETRUX EU-spec e-truck debuts, heads to Europe for road validation¹³

中集车辆“星辰计划”：从“星链”迈向更激进的结构性转型"Stellar shift": CIMC Vehicles moves to a more ambitious "Stellar Plan"¹⁴