行业动态周报Weekly Industry Brief

重型商用车 · 挂车 · 矿用车 情报周报车轴 / 第五轮座 / 连接件 视角 · 远东 — 供董事会汇报 Heavy CV · Trailers · Mining Vehicles IntelligenceAxle / fifth-wheel / coupling lens · Far East — for board reporting

2026 · W27
2026-06-23 → 06-29
来源 国际 RSS + 中国行业网站（cv.ce.cn · bjcv.com）+ 远东区域源（GAIKINDO / CAMPI 协会、Paultan、VnExpress、Jakarta Post、Montsame，及日 / 韩 / 马 / 泰 / 越 / 台市场级追踪）。 处理 本周抓取 386 条 → 正/负向打分（剔除空壳 10、软文 4、低分 226）+ 跨源去重 + GNews 直链还原（再剔 4 条未还原中转链）→ 候选 130 条 → 按收录纪律精选。 去重 本周与上周（W26）重叠的存量事件（11 部门新能源重卡方案、采埃孚 AxTrax 2、美国挂车 +237%、MJ Transport、CIMC 星辰计划、印尼 5 月 CV）已在 W26 报告，本期不重复，仅取新增。 缺口 第一商用车网（cvworld.cn，⭐核心销量源）境外被地理封锁，需国内 / VPN；微信（阶段 3）本周未导入。 Sources International RSS + China trade sites (cv.ce.cn · bjcv.com) + Far East regional sources (GAIKINDO / CAMPI, Paultan, VnExpress, Jakarta Post, Montsame, plus market-level tracking for JP / KR / MY / TH / VN / TW). Pipeline 386 items pulled → +/− scoring (dropped 10 empty, 4 PR, 226 low) + dedup + GNews link resolution (4 unresolved redirect links dropped) → 130 candidates → curated by inclusion discipline. Dedup Events overlapping last week (W26) — the 11-ministry NEV-HDV plan, ZF AxTrax 2, US trailer +237%, MJ Transport, CIMC Star-Chained Plan, Indonesia May CV — were already reported in W26 and are not repeated; only net-new items are carried. Gap cvworld.cn (core sales source) geo-blocked offshore → needs China node/VPN; WeChat (Phase 3) not imported.
本周主线Bottom Line

本周是结构性大新闻（新能源重卡方案、ZF 电驱桥首产、挂车订单激增）落地后的「兑现周」：电动化已被销量坐实（新能源重卡 1–5 月 10.26 万辆、同比 +67.6%、渗透率 30.89%），且电驱桥一体化正从外资（采埃孚）向国产 OEM（中国重汽 513kWh 车电一体）扩散——上周提示的「传统车轴被电驱桥替代」趋势，本周在量与产品两端进一步坐实。同时矿业设备资本开支保持偏暖（Volvo / Liebherr / Schlam），支撑矿卡及配套需求；日系格局重组（戴姆勒完成扶桑整合、成立 ARCHION）。建议把电驱桥渗透节奏列为车轴产品线的首要监测项。

This is the "delivery week" after last week's structural headlines (the NEV-HDV plan, ZF's first e-axle production, the trailer order surge): electrification is now confirmed by volume (NE heavy trucks 102,600 units Jan–May, +67.6% YoY, 30.89% penetration), and e-axle integration is spreading from a foreign supplier (ZF) to Chinese OEMs (Sinotruk's 513 kWh vehicle-battery-integrated unit) — reinforcing, on both volume and product fronts, last week's flagged "e-axle substitutes for the traditional axle" trend. Mining equipment capex stays firm (Volvo / Liebherr / Schlam), supporting mining-truck and component demand; the Japanese landscape is reshuffling (Daimler completed the Fuso integration and formed ARCHION). Recommend making e-axle penetration the top monitoring item for the axle product line.

信号Signal

电驱桥替代：量已坐实、国产 OEM 跟进。新能源重卡 1–5 月销量 10.26 万辆、同比 +67.6%、渗透率 30.89%；继上周采埃孚 AxTrax 2 全球首产后，中国重汽推出 513kWh「车电一体」电驱桥牵引车（厂商称整车减重约 400kg）。电驱桥对传统车轴的结构性替代，本周在量与产品两端同步加速。

E-axle substitution: volume confirmed, Chinese OEMs following. NE heavy-truck sales reached 102,600 units Jan–May, +67.6% YoY, 30.89% penetration; after ZF's AxTrax 2 first global production last week, Sinotruk launched a 513 kWh vehicle-battery-integrated e-axle tractor (vendor-stated ~400 kg lighter). The structural substitution of e-axles for traditional axles is accelerating on both volume and product fronts.

需求Demand

矿业设备资本开支偏暖。Volvo A30 Electric 铰接式矿卡全球首装、Liebherr 在澳金矿/煤矿连续扩队（MACA PR 776 推土机 + R 9300 挖机、Thiess 第 4 台 R 9800）、Schlam 推矿卡车斗/铲斗安装套件三年计划——支撑矿卡整车与车斗/车轴配套需求。

Mining equipment capex stays firm. World-first deployment of the Volvo A30 Electric articulated hauler, Liebherr fleet expansions at Australian gold/coal mines (MACA's PR 776 dozers + R 9300 excavators; Thiess's 4th R 9800), and Schlam's three-year truck-bed/bucket install-kit program — all supportive of mining-truck and body/axle component demand.

本周要点Key Takeaways
01重卡 / 商用车市场Trucks & Commercial Vehicles2

新能源重卡 1–5 月销量 10.26 万辆、同比 +67.6%，渗透率突破 30%NE heavy-truck sales 102,600 units Jan–May, +67.6% YoY, penetration above 30%1

据中国商用汽车网，2026 年 1–5 月新能源重卡累计销量 10.26 万辆、同比增长 67.6%，累计渗透率 30.89%（距 2030 年 40% 目标仍有空间）。换电车型成主流，需求集中于港口、矿区、钢厂等固定线路封闭场景（经济性已成立，回本周期 1–2 年）；干线物流仍受续航/补能/初始成本制约。此为上周 11 部门《推动新能源重卡规模化应用实施方案》后的首个行业销量验证。Per cv.ce.cn, NE heavy-truck sales totalled 102,600 units in Jan–May 2026, +67.6% YoY, with 30.89% cumulative penetration (still short of the 2030 target of 40%). Battery-swap models dominate; demand concentrates in closed, fixed-route settings — ports, mines, steel mills (economics now stack up, 1–2 yr payback) — while long-haul is still constrained by range/charging/upfront cost. This is the first industry sales read-through after last week's 11-ministry NEV-HDV roll-out plan.

关键数据Key data10.26 万辆（1–5 月累计）102,600 units (Jan–May)同比 +67.6% YoY+67.6% YoY累计渗透率 30.89%30.89% penetration
直接关切Directly material对业务的含义Implication

电动重卡放量直接拉动新型动力链（电驱桥/三电）配套，同时挤压传统车轴的存量需求；应按月跟踪渗透率斜率，并据「封闭场景先行」的节奏对接矿区/港口车队的配套机会。

E-HDV volume directly pulls new-powertrain content (e-axle/3-electric) while squeezing legacy axle demand; track the penetration slope monthly and, given the "closed-scenario-first" cadence, target fitment opportunities with mine/port fleets.

长城 G970 混动重卡批量交付中通快运，干线混动再落地Great Wall's G970 hybrid heavy truck delivered in volume to ZTO Express2

6/26 长城商用车 G970 混动重卡批量交付中通快运，继韵达、顺丰之后再获头部物流客户。交付的 G970 单驱版搭载 Hi4-G 超级混动架构、自研双电机 DHT 变速箱、康明斯 M10 混动专用发动机及高倍率电池，三擎综合动力最高 970 马力，主打油价/气价波动下的干线降本。On 26 Jun Great Wall's G970 hybrid heavy truck was delivered in volume to ZTO Express, adding another top logistics customer after Yunda and SF. The single-drive G970 uses the Hi4-G hybrid architecture, an in-house dual-motor DHT, a Cummins M10 hybrid-dedicated engine and a high-rate battery, for up to 970 hp combined — pitched at long-haul cost savings amid volatile diesel/LNG prices.

关键数据Key data综合 970 马力970 hp combinedHi4-G 混动架构Hi4-G hybrid康明斯 M10 混动机Cummins M10 hybrid engine
对业务的含义Implication

混动为干线提供「不依赖补能网络」的降本路径，与纯电/换电并行——重卡动力多元化分散了对单一技术路线的押注，配套件需兼容多动力平台。

Hybrids offer a long-haul cost-cut path that doesn't depend on charging/swap networks, running parallel to pure-EV/battery-swap — HDV powertrain diversification spreads bets across routes, so components must fit multiple platforms.

02挂车 / 零部件与竞争对手Trailers, Components & Competitors1

中国重汽推 513kWh「车电一体」电驱桥牵引车，国产电驱桥再下一城Sinotruk launches a 513 kWh vehicle-battery-integrated e-axle tractor3

中国重汽汕德卡 513kWh 电驱桥牵引车主打「车电一体」设计与轻量化：电池底置不占车架后部空间，厂商称整车减重约 400 公斤、货箱实际容积较传统后背电池车型多 5–7%（以上为厂商口径，未独立核实）。剥离软文话术后，其内核是国产主机厂把电驱桥+车电一体作为标载场景下的多拉货卖点。Sinotruk's SITRAK 513 kWh e-axle tractor centres on a vehicle-battery-integrated, lightweight design: an underfloor battery freeing rear-frame space, with the vendor claiming ~400 kg lower kerb weight and 5–7% more cargo volume vs conventional rear-mounted-battery models (vendor figures, not independently verified). Stripped of the marketing, the core point is a Chinese OEM positioning the e-axle + integrated battery as a payload advantage under standard-load rules.

关键数据Key data513 kWh 电驱桥513 kWh e-axle减重约 400kg（厂商称）~400 kg lighter (vendor)货箱容积 +5–7%（厂商称）+5–7% cargo vol. (vendor)
直接关切Directly material对业务的含义Implication

电驱桥从外资（采埃孚）向国产主机厂自研/集成扩散，意味着传统车轴的可被替代市场在加速收窄；应评估「配套电驱桥 vs 自研」的路线选择与时间窗。

E-axles are spreading from a foreign supplier (ZF) to in-house/integrated Chinese OEM designs — the addressable market for traditional axles is narrowing faster; assess the "supply e-axle vs build in-house" route and timing window.

留白 · 存量大新闻已在 W26 报告 本周挂车/零部件的结构性大事件——采埃孚 AxTrax 2 全球首产、美国 5 月挂车净订单 ≈20,700 台（同比 +237% / 环比 +7%）、MJ Transport 增购 50 台 Schmitz、CIMC 星辰计划年报——均已在上周（W26）报告，本期不重复。无新增直接相关动态时按留白规则处理。Blank · major items already in W26. This week's structural trailer/component events — ZF AxTrax 2's first global production, US May trailer net orders ≈20,700 (+237% YoY / +7% MoM), MJ Transport's 50 Schmitz curtainsiders, the CIMC Star-Chained annual report — were all reported last week (W26) and are not repeated. No net-new directly-relevant items this week.
03矿用车 & 矿业Mining Vehicles & Mining3

Volvo A30 Electric 铰接式矿卡全球首装（挪威 LNS）World-first deployment of the Volvo A30 Electric articulated hauler (LNS, Norway)4

Volvo CE 向挪威大型承包商 LNS 交付全球首批 A30 Electric 纯电铰接式自卸车，用于 Hafslund 水电项目。Volvo CE 指出该电动铰接车（ADT）在矿业与采石场亦具显著应用潜力，是重型设备电动化的一步进展。Volvo CE delivered the world's first A30 Electric battery-electric articulated haulers to Norwegian contractor LNS, for a Hafslund hydropower project. Volvo CE notes the electric ADT also has significant potential in mining and quarrying — a step in the electrification of heavy equipment.

关键数据Key data全球首装world-firstA30 Electric 纯电 ADTA30 Electric battery ADT
对业务的含义Implication

纯电铰接式自卸车进入实地运营，预示矿用/采石场运输车电动化提速；底盘/车桥/制动配套规格将随之改写。

Battery-electric ADTs entering field operation signals faster electrification of mining/quarry haulage; chassis/axle/brake component specs will be rewritten accordingly.

Schlam 推矿卡车斗/铲斗安装套件三年计划，兼容主流 OEMSchlam launches a three-year install-kit program for mining truck beds & buckets5

矿用装载/运输附件专家 Schlam 推出自研矿卡车斗与挖机铲斗的整套安装套件，作为一项三年产品开发计划的一部分，将兼容各主流 OEM 矿用设备，首批车斗安装套件预计稍后上市，主打「供货+安装」端到端方案。Load-and-haul attachment specialist Schlam launched in-house engineered install kits for mining truck beds and excavator buckets, part of a three-year development program compatible with all major OEM mining equipment; the first bed kits are expected later, offering an end-to-end supply-plus-install solution.

关键数据Key data三年开发计划3-year program兼容主流 OEMall major OEMs
对业务的含义Implication

矿卡车斗/附件的「整套件+安装」打包是后市场配套的可借鉴模式；连接/承载件供应商可关注同类「成套交付」机会。

Bundling mining-truck beds/attachments as "complete kit + install" is a replicable aftermarket model; coupling/load-bearing component suppliers can watch for similar "kit delivery" plays.

澳洲矿企持续扩充 Liebherr 设备队（MACA、Thiess）Australian miners keep expanding Liebherr fleets (MACA, Thiess)6

Liebherr-Australia 向 Thiess 旗下 MACA 在 Duketon 金矿（Regis 运营）交付首批 3 台 PR 776 G8 推土机，年内再交 2 台 R 9300 挖机；同时 Thiess 在昆州 Lake Vermont 煤矿（Jellinbah）投运第 4 台 R 9800 挖机以提升装载产能。两笔均为矿业承包商持续设备资本开支的信号。Liebherr-Australia delivered MACA (a Thiess company) its first three PR 776 G8 dozers at the Duketon gold project (operated by Regis), with two R 9300 excavators to follow this year; separately, Thiess mobilised a fourth R 9800 excavator at the Lake Vermont coal mine (Jellinbah) in Queensland to boost loading capacity. Both are signals of sustained mining-contractor equipment capex.

关键数据Key dataMACA: 3×PR 776 + 2×R 9300MACA: 3×PR 776 + 2×R 9300Thiess: 第 4 台 R 9800Thiess: 4th R 9800
对业务的含义Implication

矿业设备资本开支保持偏暖，是矿卡整车与配套需求的领先指标；澳洲金/煤矿装载产能扩张利好运输车队后续补充。

Firm mining equipment capex is a leading indicator for mining-truck and component demand; loading-capacity expansion at Australian gold/coal mines bodes well for follow-on haul-fleet additions.

04远东市场Far East Markets1

日本：戴姆勒卡车完成三菱扶桑整合，成立 ARCHION CorporationJapan: Daimler Truck completes Mitsubishi Fuso integration into new ARCHION Corporation7

戴姆勒卡车宣布完成将子公司三菱扶桑（Mitsubishi Fuso）整合进新成立的 ARCHION Corporation。新公司同时接替日野（Hino）与扶桑在商用车合资体 CJPT 的席位，标志远东（日本）商用车主体格局重组。Daimler Truck announced it has completed the integration of its subsidiary Mitsubishi Fuso into the newly formed ARCHION Corporation. The new entity also replaces Hino and Fuso at the CV joint venture CJPT, marking a restructuring of the Japanese commercial-vehicle landscape.

关键数据Key data成立 ARCHION Corp.ARCHION Corp. formed接替日野/扶桑于 CJPTreplaces Hino/Fuso at CJPT
对业务的含义Implication

扶桑/日野是印尼等东盟市场主力 OEM，其母体重组可能影响中长期产品/采购体系；与当地配套对接需关注 ARCHION 的供应链取向。

Fuso/Hino are dominant OEMs in ASEAN markets like Indonesia; the parent restructuring may affect product/sourcing systems over the medium term — watch ARCHION's supply-chain orientation for local-fitment ties.

留白 · 东盟/蒙古本周无新 CV 月度数据 远东各国商用车（CV）细分为月度节奏，本月深更已在 W26 逐国核实（印尼 GAIKINDO 全量、马来 CV 3,890 −26%YoY、日本卡车 55,168 +2.2%YoY、越南 YTD CV 40,665 +22%、韩国现代 CV 8,528 等），本周无新增月报。本周区域媒体抓到的多为总市场口径（如马来 5 月 TIV −12%、台湾 +4%、菲律宾 −16%、越南 YTD +20%），含乘用车、非 CV 细分，按收录纪律不单列；下次月度深更窗口再逐国核实 CV 口径。台/菲 CV 细分公开缺失仍留白。Blank · no new ASEAN/Mongolia monthly CV data this week. Far East CV breakdowns are monthly; this month's deep-update was caliber-verified country-by-country in W26 (Indonesia GAIKINDO full set, Malaysia CV 3,890 −26% YoY, Japan trucks 55,168 +2.2% YoY, Vietnam YTD CV 40,665 +22%, Korea Hyundai CV 8,528, etc.) and no new monthly reports landed this week. Regional-media items this week were mostly total-market (Malaysia May TIV −12%, Taiwan +4%, Philippines −16%, Vietnam YTD +20%), include passenger cars and are not CV-specific, so not listed per inclusion discipline; CV calibers to be re-verified at the next monthly window. TW/PH CV breakdowns remain unavailable (blank).
05中国 OEM 出海China OEM Overseas Expansion1

北汽重卡 X9 首批交付墨西哥韦拉克鲁斯（5 辆）BAIC's X9 heavy trucks make first delivery in Veracruz, Mexico (5 units)8

2026-05-27 北汽重卡在墨西哥韦拉克鲁斯港向当地 Glizim 运输公司交付首批 X9 牵引车订单中的 5 辆，定位高端、对标欧标（搭 Smart EBI 制动、欧盟碰撞法规驾驶室）。量级极小，属中国高端重卡进入拉美的滩头试点，而非规模放量。On 27 May 2026 BAIC delivered 5 X9 tractors (out of a first order) to local carrier Glizim in Veracruz, Mexico — positioned as premium and benchmarked to European standards (Smart EBI braking, EU-crash-compliant cab). The volume is tiny: a beachhead pilot for Chinese premium HDVs in Latin America rather than scale.

关键数据Key data首批 5 辆first 5 units墨西哥/拉美Mexico / LatAm
对业务的含义Implication

中国高端重卡向拉美渗透的早期信号，单笔体量小、暂不构成配套机会，但可作为 OEM 出海路径监测的一个数据点。

An early signal of Chinese premium HDVs into LatAm; the single deal is too small to be a component opportunity yet, but worth logging as a data point in OEM-overseas tracking.

来源Sources
1中国商用汽车网（新能源重卡 1–5 月销量）cv.ce.cn (NE HDV Jan–May sales) cv.ce.cn2026-06-25
2中国商用汽车网（长城 G970 混动交付）cv.ce.cn (Great Wall G970 delivery) cv.ce.cn2026-06-29
3中国商用汽车网（中国重汽电驱桥牵引车）cv.ce.cn (Sinotruk e-axle tractor) cv.ce.cn2026-06-29
4International Mining（Volvo A30 Electric）International Mining (Volvo A30 Electric) im-mining.com2026-06-26
5International Mining（Schlam 安装套件）International Mining (Schlam install kits) im-mining.com2026-06-27
6International Mining / Australian Mining（Liebherr 扩队）International Mining / Australian Mining (Liebherr fleets) im-mining (MACA)australianmining (Thiess)2026-06-29
7Daimler Truck（扶桑整合/ARCHION）Daimler Truck (Fuso integration/ARCHION) daimlertruck.com2026-06-26
8卓众商用车（北汽 X9 交付墨西哥）bjcv.com (BAIC X9 Mexico delivery) bjcv.com2026-06-27