Search History
Popular Searches
English
Dealer Login / Sign Up
SAIC Hongyan is a backbone enterprise in the Chinese heavy-duty truck manufacturing field, headquartered in the North District of Chongqing.Its origins trace back to the Sichuan Motor Manufacturing Plant established in 1965—the first heavy-duty military off-road vehicle production base in New China.The brand possesses over half a century of deep manufacturing heritage and is known as the 'King of Engineering Vehicles'.As the only heavy-duty truck enterprise under SAIC Group, SAIC Hongyan mainly operates a full series of commercial vehicle products including tractors, dump trucks, cargo trucks, special-purpose vehicles, and special vehicles, with an annual production capacity of 80,000 complete vehicles.As of early 2026, SAIC Hongyan has completed bankruptcy reorganization and Series A financing, restarting its journey with a brand new stance anchoring the new energy track.
SAIC Hongyan's history is a condensed history of the Chinese heavy-duty truck industry. In 1965, the Sichuan Motor Manufacturing Plant was laid in Shuangqiao, Chongqing, and the following year launched New China's first heavy-duty military off-road vehicle, the Hongyan CQ260.In 1985, Austrian Steyr technology was introduced, and the country's first Steyr heavy-duty truck was successfully produced, filling the technical gap in domestic high-power heavy-duty trucks.
In 2003, Chongqing Hongyan Automobile Co., Ltd. was established, entering a new stage of market-oriented development.In 2006, strategic restructuring began with SAIC Group and Italian Iveco. In 2007, SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. was officially established, opening the path for technical upgrading and international cooperation.After SAIC Group increased capital and took controlling interest in 2016, sales grew rapidly with engineering vehicles and special vehicles as the core.
However, due to lagging transformation, the enterprise fell into continuous losses starting from 2021.In July 2025, SAIC Hongyan was applied for bankruptcy reorganization, successfully completing rebirth after 147 days.After restructuring, the equity structure became a four-party consortium led by SAIC Group holding shares together with creditors, and Series A financing was completed in March 2026.
SAIC Hongyan focuses on its core product platforms: Jiesel, Jingang, Jieka, Jiehu, and Jiebao, covering the fields of logistics transportation and engineering construction. In 2026, the brand matrix has been comprehensively refreshed with the launch of three new energy sequences prefixed with "i": i·Jiesel, i·Jiehu, and i·Jiebao, covering tractors, dump trucks, special-purpose vehicles, cargo trucks, and other specialized vehicles.
Its third-generation new energy heavy-duty trucks are precisely focused on medium and short-haul transportation scenarios under 500 km, with a comprehensive layout across core tracks such as sand and coal transportation, urban construction waste and soil removal, port operations, and mining applications. These products are primarily pure electric and have the built-in capability to expand into hydrogen fuel and hybrid multi-technology paths. In the traditional energy field, diesel and gas products represented by the Jiesel classic models and the Jingang engineering dump trucks continue to iterate in an orderly manner. At the same time, customized models such as the i·LYON are being launched for overseas markets, building a dual-track architecture of "stabilizing the base with traditional energy and capturing incremental growth with new energy."
2025 was the turning point year for the brand. Against the backdrop of SAIC Hongyan's bankruptcy reorganization and production line recovery, annual new energy heavy-duty truck sales reached 10,800 units, ranking tenth in the domestic new energy heavy-duty truck industry.New energy heavy-duty truck penetration rate climbed to 26.5% in the same year, and industry transformation trends became increasingly clear.
Market confidence was fully released in the first quarter of 2026: the third-generation new energy heavy-duty truck i·Jiesel, upon release, immediately received 2,700 global orders, of which 1,000 were overseas orders, breaking market doubts about the 'New Hongyan' on the spot.It has already launched new vehicle deliveries in 17 key domestic markets.The company set a total sales target of 15,000 units for 2026, with 11,000 domestically and 4,000 overseas.
SAIC Hongyan has mastered full-stack self-developed capabilities centered around the "YanLink" global pure electric smart architecture. This architecture adopts a "1×2×3" modular design, with compatible battery and motor options, allowing it to rapidly derive 21 basic models and achieve full-path coverage across electric, hydrogen, and hybrid powertrains. The three-electric system employs a "1+X" battery matching solution, with energy coverage ranging from 165 to 800 kWh. It is equipped with a new permanent magnet synchronous oil-cooled motor with a maximum power of 580 kW, and its electronic control system uses SiC (silicon carbide) technology compatible with a 1000V high-voltage platform. The entire series is equipped with CATL AD02 batteries combined with 2C fast charging, and the third-generation models achieve weight reduction of over 800 kilograms.
In the field of intelligent driving, SAIC Hongyan is the first truck manufacturer in China to obtain an Intelligent Connected Vehicle Demonstration Operation License. It has achieved commercial operation of "5G+L4" level intelligent heavy-duty trucks and has deployed integrated unmanned mining truck projects, such as in the Xinjiang Zhundong Economic Development Zone. The Internet Dream Truck 3.0 system has been fully configured across the entire series, covering the three major fields of pure electric, fuel cell, and hybrid power.
Internationalization is one of the core strategic directions of "New Hongyan." Relying on SAIC Group's global distribution network, which spans over 120 countries and regions, SAIC Hongyan is accelerating the leap from "products going out" to "brand moving up." In overseas orders for 2026, 1,000 units have already reached the implementation stage, with products being sold to Southeast Asia, the Middle East, Latin America, and other traditional and emerging markets. The brand has explicitly proposed the international business concept of "global products, local service," leveraging SAIC's mature global supply chain and financial platform to build overseas brand premium through technology empowerment and ecosystem output. The overseas sales target for 2026 has been set at 4,000 units.
Looking to the future, SAIC Hongyan is raising the "Smart & Electric" banner and embarking on the full journey of its "second entrepreneurship." Wei Yong, Vice President of SAIC Group, has clearly stated that SAIC Group's leading core achievements in pure electric, hydrogen energy, and intelligent connectivity will be prioritized for conversion and deployment on Hongyan models. Furthermore, the group's global supply chain system and overseas financial service platform will fully support the takeoff of Hongyan's overseas business.
The company has set clear action plans. In 2026, it plans to launch 43 vehicle models covering 20 typical scenarios, with energy types spanning four major categories: pure electric, gas, diesel, and hydrogen fuel, continuously expanding the breadth and depth of its product matrix. Technical iteration, centered on the YanLink architecture, is steadily progressing toward the fourth-generation "Smart & Electric" pre-research platform, with the goal of joining the top three in core sub-segments.
By comprehensively building its core competitiveness, SAIC Hongyan is striving to continuously deliver "Chinese wisdom" to the global logistics industry, writing a brand new chapter for the national heavy-duty truck brand.
© 2024 Bitauto.com. All Rights Reserved.
Bitauto (www.yiche.com and www.bitauto.com) is one of the most visited automotive websites in China. We provide detailed info on Chinese car brands available in your area. Please note that the information provided on this website is based on publicly available data and is for reference only. It may not be fully updated or accurate at all times.
