In the first half of 2026, China's commercial vehicle market showed clear structural divergence. Competition in the stock market for traditional fuel-powered vehicles intensified, while two growth tracks — new energy vehicles and exports — kept expanding. The market landscape is reshaping rapidly, and the growth gap between leading players is widening.

　　According to operational data disclosed by Dongfeng Automobile Co., Ltd. (DFAC), from January to June, sales of DFAC's new energy light trucks surged 573.4% year-on-year; Dongfeng Foriton posted a 153.9% year-on-year increase; and overseas exports jumped 81.4%. These three core segments substantially outperformed the industry average. Meanwhile, other business divisions including Dongfeng Light Engine and Dongfeng Tourist Vehicle achieved double-digit growth, forming a multi-pillar growth pattern with coordinated development.

New Energy Light Trucks: Strong Product Portfolio Powers Explosive Growth

　　With a year-on-year growth rate of 573.4%, DFAC's new energy light truck business became the fastest-growing segment within the group. The robust growth is mainly fueled by the rapid enrichment of its product matrix. Since 2026, DFAC has launched a string of new models in the new energy light and small truck segment, building a full-scenario product portfolio.

　　Starting from March, flagship light truck Dongfeng Qiankun K6E hit the market in Chengdu, Nanjing, Urumqi and other cities. Equipped with a CATL Tianxing battery, Inovance motor and Dana electric drive axle, the model delivers a maximum combined driving range of 400 km, covering full scenarios ranging from short-distance urban distribution to intercity transportation. It served as the core volume-generating new energy light truck in the first half of the year.

　　At the end of April, pure electric small trucks Tuoyi T5E and T9E were launched to expand coverage to last-mile delivery markets. The Tuoyi T5E starts at RMB 85,800, fitted with a 70 kW motor and a 62 kWh battery offering a range of over 300 km, targeting cost-sensitive last-mile delivery operators.

　　Positioned as a crossover small truck, the Tuoyi T9E boasts upgraded space and load capacity. It adopts an Inovance 110 kW flat wire motor paired with a 64 kWh CATL battery, delivering a CLTC range of 330 km. Fast charging from 20% to 95% takes only 30 minutes. The cargo box stretches 4.005 meters with a volume of 14 cubic meters, and a reinforced 3-ton rear axle pushes its carrying capacity close to entry-level light trucks.

　　With further opening of urban road access privileges and rising operational cost advantages, the new energy light truck market is shifting from policy-driven to demand-driven, and logistics fleets are naturally entering vehicle replacement cycles. Supported by a complete lineup spanning last-mile small trucks to medium-and-long-distance light trucks, DFAC caters to diversified market demands at all tiers.

Dongfeng Foriton: Rapid Volume Expansion After Brand Restructuring

　　As a new van brand whose business integration was completed in March, Dongfeng Foriton achieved an impressive 153.9% year-on-year growth in the first half-year. Less than one month after the brand unveiling, the V8E and V10 models rolled out nationwide in mid-April and quickly generated sales. This not only validates the solid foundation of DFAC's original van business, but also proves the new brand's product positioning precisely addresses market pain points.

　　For the pure electric urban distribution market, the Dongfeng Foriton V8E starts at RMB 91,500. Customers can opt for a CATL 53.58 kWh 2C liquid-cooled ultra-fast charging solution, which charges from 20% to 80% in merely 18 minutes at ambient temperature. A Fudi Battery 50.48 kWh pack is also available. Standing under 2 meters tall, the vehicle can freely access underground parking lots. Its maximum cargo volume reaches 8 cubic meters, and standard 270-degree rear swing doors facilitate forklift loading and unloading.

　　Targeting heavy-duty fuel-powered operations, the Dongfeng Foriton V10 is priced starting at RMB 101,000. It carries a Nissan M9T 2.3 L diesel engine and a 3.5-ton Dana rear axle, outputting 163 hp while achieving fuel consumption of only 8.8 L per 100 km, with a cargo volume up to 12 cubic meters.

　　Both models support over 100 modification options for passenger transport, freight, refrigerated logistics and camper use. As planned, Foriton will launch 36 models in 2026 to realize full-scenario coverage.

Accelerated Global Strategy: High-Quality Export Growth Outpacing Industry

　　While domestic business booms, exports have become another major growth engine for DFAC. Overseas shipments rose 81.4% year-on-year in H1, far exceeding the industry average.

　　China's commercial vehicle exports are transitioning from volume expansion to quality upgrading. Leading manufacturers now compete on product adaptability, localized services and channel development. DFAC Light Commercial Vehicles has cultivated user bases in Southeast Asia, the Middle East, Africa and other regions for years, and gradually pushed new energy vehicles overseas, forming an export structure where fuel vehicles serve as the foundation, with new energy vehicles adding incremental growth.

　　Since the start of the year, DFAC has accelerated its global strategy, deepening cooperation with Dongfeng Import & Export Company to strengthen coordination on products, resource sharing and brand building, securing continuous breakthroughs in regional overseas markets.

　　In January, a flagship store for light commercial vehicles grandly opened in Cairo, Egypt, integrating vehicle sales, financial services and after-sales support, marking a new phase of branded operation in Africa.

      In May, Dongfeng Foriton pure electric vans secured a major order of 108 units in Latin America.

　　In June, Dongfeng Import & Export delivered 830 vehicles in a single batch in Malaysia, covering logistics, ice-making, general trading and other sectors.

Enhanced System Capabilities: Multi-dimensional Collaboration Boosts User Value

　　Beyond the three core growth drivers, DFAC's other business segments maintained steady growth: Dongfeng Light Engine up 89%, Foundry Plant up 68%, Dongfeng Tourist Vehicle up 40.6%, Dongfeng Cummins up 18%, and Dongfeng Castrol up 10.6%.

　　Growth in DFAC's upstream divisions including engines and manufacturing formed a virtuous cycle with complete vehicle sales. Stable internal supply chains further guaranteed vehicle delivery capacity and cost control. Meanwhile, comprehensive upgrades in marketing networks and service systems laid solid support for market volume growth and brand momentum in H1 2026.

　　On the manufacturing side, smart factories under DFAC improved production efficiency and product consistency through digital transformation and process upgrades. At present, the Xiangyang manufacturing base enables mixed-line production of fuel, new energy and intelligent connected vehicles. On the supply chain side, the company maintains stable partnerships with core suppliers including CATL and Fudi Battery to secure key component supplies.

　　For marketing networks, DFAC fully rolled out the DFSW 3.0 Dongfeng Marketing System, driving a profound shift in terminal operation logic from vehicle-centric to user value co-creation, and standardizing customer acquisition, deal closure and operational management. The company also advanced an integrated sales model for fuel and electric vehicles, leveraging mature networks to accelerate penetration of new energy products.

　　In user services, DFAC continuously upgraded its core service brand "Zhenmeiman" (Sincere Satisfaction) , focusing on standardized workflows, transparent commitments and humanized experience to build a one-stop full-lifecycle vehicle support system, with customer satisfaction ranking among the industry's top tier.

　　In terms of brand communication, DFAC set up the Brand & PR Department in late 2025, fully upgrading its communication system and injecting new vitality. Major brand activities were held monthly, including the New Quality Manufacturing Tour, the Dongfeng Awakens Spring, Intelligence Usher in a New Journey live stream, the Foriton brand launch, overseas donations on China Brand Day, the debut of Dongfeng OpenVAN autonomous logistics vehicles, and the Taihu EV Endurance Challenge. Consistent value propositions link these events, converting brand exposure into tangible sales volume, making brand building a key driver for DFAC's rising market share.

　　With continuous improvement of organizational efficiency, expanding product portfolios, deepened domestic and overseas market layout, and value empowerment via upgraded communication systems, DFAC is achieving comprehensive performance breakthroughs and rapid strategic transformation, supported by product innovation and brand communication. The company is advancing full speed toward its targets outlined in the 15th Five-Year Plan.