[First Commercial Vehicle Network Original]

September 4, BAIC Foton Motor Co., Ltd. (hereinafter referred to as "Foton Motor") released a quick report on production and sales data for August. In August 2026, Foton Motor sales of various automobile products exceeded 50,000 vehicles, firmly ranking first in the industry; Jan-Aug, cumulative sales reached 463,000 vehicles, up 9% year-on-year.

With only 4 months remaining, cumulative sales for the year have already exceeded 460,000 vehicles. This means that as long as the next 4 months perform normally, the highest sales record since the 14th Five-Year Plan will surely be broken, and there is a very strong possibility of creating a new "highest in history" annual sales record for itself.

Please refer to the analysis and interpretation by First Commercial Vehicle Network.

Cumulative sales in the first 8 months exceed 460,000 vehicles, all sectors work together to create a new annual sales record

Foton Motor's August production and sales data quick report shows that from Jan-Aug 2026, cumulative sales of various automobiles reached 463,000 vehicles, up 9% year-on-year. All major business sectors delivered growth report cards: New Energy Vehicles cumulative sales 82,000 vehicles, up 25% year-on-year; Medium and Heavy Trucks cumulative sales 127,000 vehicles, up 30% year-on-year; Light Trucks cumulative sales 303,000 vehicles, up 3.4% year-on-year.

First Commercial Vehicle Network notes that after August, Foton Motor's 2026 cumulative sales have exceeded 460,000 vehicles. This figure is very close to the first 9 months sales of 2025 and the first 10 months sales of 2024 (as shown below).

From the chart above, it can also be seen that starting from January, Foton Motor's 2026 cumulative sales have always been higher than 2025 and the same period in 2024. After August, cumulative sales net growth approached 40,000 vehicles. According to First Commercial Vehicle Network's conservative estimate (estimated based on sales of the same period last year), Foton Motor's cumulative sales this year will exceed 680,000 vehicles, with a very strong possibility of creating a new annual sales record.

The "highest in history" sales volume that will be reached in 2026 is the result of the joint promotion of Foton Motor's business sectors throughout the year, among which exports and new energy are the two most prominent "engines".

From "Product Going Global" to "System Going Global", 200,000 vehicle target expected to be completed early

Since 2026, Foton Motor's export business is no longer simple "selling cars", but has achieved a strategic leap from "Product Going Global" to "System Going Global" through market breakthroughs, sales booms, product upgrades, and systematic operations, and has become one of the core engines pulling the company's performance growth. In August, Foton Motor complete vehicle exports exceeded 20,000 vehicles, up 39% year-on-year; Jan-Aug cumulative exports nearly 150,000 vehicles, up 44.3% year-on-year. Export structure continues to optimize, and the proportion of high value-added products such as heavy trucks and new energy models continues to rise.

In important overseas markets such as Africa, the Americas, Southeast Asia, and Europe, Foton Motor has had excellent performance this year: In February, Africa's largest industrial group Dangote Group visited and signed logistics transport orders of over 1,000 vehicles; In March, nearly 100 Foton Cavan Lefu Overseas Edition CAVAN C1 all-electric VANS were shipped from Qingdao Port for batch delivery to EU customers, successfully breaking through barriers in the European high-end market; In the same month, light trucks manufactured at Foton's Thailand production base were delivered to the Indonesian market. This main model customized for Southeast Asian working conditions successfully went off the line, verifying the mature implementation of Foton's "localized production + regional distribution" model; In June, over 100 Auhui 12m high-end buses were batch delivered to South Asia, setting a new record for a single export order of Chinese brand bus coaches locally; In August, 800 Auman heavy trucks were shipped again to the African market in "full convoy delivery" mode, serving local cross-border logistics and trunk transport...

At this year's Brand Day press conference, Foton Motor announced that the overseas exclusive flagship product created based on the Auman Galaxy Smart Native Architecture — Galaxus R9 premium heavy trucks — officially landed in the American market, becoming an important step in its comprehensive internationalization strategy. It is reported that the Galaxus R9 vehicle is equipped with over 90 independent core technologies and 100M Ethernet vehicle architecture, supporting full-domain OTA iteration to achieve vehicle full lifecycle performance evolution. To verify product capabilities, Galaxus R9 heavy trucks once went far to a Spanish extreme test site for benchmark testing according to EU ECE standards and international European-style heavy trucks. In high-speed cruising high-frequency scenarios, Galaxus R9 fuel consumption was 2.16% lower than competitors of the same class. Even in the European market, it is highly competitive.

If the "3040" Medium and Long-term Overseas Strategy of Foton Motor, over 400,000 vehicles in 2030, is still relatively far, the 200,000 vehicle overseas target for 2026 is within reach. After August, Foton Motor's overseas sales target achievement rate reached 75%. This year, the overseas market 200,000 vehicle target is highly likely to be completed ahead of schedule.

Cumulative sales in Jan-Aug exceed 80,000 vehicles, up 25% year-on-year, New Energy Business Booms

Data shows that in August, Foton Motor sold 12,000 new energy products, up 50% year-on-year, higher than the overall industry growth rate; From Jan-Aug this year, Foton Motor cumulative sales of various new energy products reached 82,000 vehicles, up 25% year-on-year.

Looking at the growth rate alone, Foton Motor's new energy product Jan-Aug sales volume up 25% year-on-year does not count as a major increase, but this is based on last year's high-quality same period sales volume and increase rate (Last year Jan-Aug Foton new energy products cumulative sales 65,700 vehicles, up 127% year-on-year). More importantly, the growth of Foton Motor's new energy business this year is not simple quantity expansion, but high-quality development based on technical innovation, scenario deepening, and ecosystem reconstruction.

From the start of the new energy business, Foton Motor has always adhered to pure electric, hybrid, and hydrogen fuel multiple technology routes in parallel, avoiding limiting to a single path. Whether the new energy "30·50 Strategy" or the "Comprehensive New Energy" Strategy, all demonstrate Foton Motor's pragmatism and ambition towards new energy technology routes: Pure electric route pursues core module independent breakthroughs, hybrid route relies on self-developed to achieve multi-platform layout, hydrogen route conducts forward-looking breakthroughs. Foton Motor's strategy of multiple simultaneous approaches aims to meet the new energy needs of commercial vehicle users from city delivery to trunk logistics and all commercial vehicle scenarios.

From the frequent release and launch of new energy new products, Foton Motor is gradually completing its new energy product matrix to cover green transport capacity needs in multiple scenarios more and more comprehensively. Just a few days ago, at this year's Brand Day, Foton Motor launched two strategic-level new energy new products at once: Cavan Star Sea New Energy Flagship Heavy Truck aimed at medium-to-long-distance trunk logistics was officially launched, and Cavan Lefu V7 focusing on high-end passenger transport application scenarios had its global debut, further perfecting the full-scenario green transport capacity matrix. It is worth mentioning that Cavan Lefu V7 integrates passenger car-level intelligent comfort experience and large VAN vehicle space advantages, innovatively defining the MPVan category, precisely matching line passenger transport, tourism and business travel, business reception, leisure travel modification, and other high-end scenarios, filling the gap in the domestic new energy high-end passenger VAN niche market.

After August, Foton new energy products cumulative sales reached 82,000 vehicles, up 25% year-on-year, net growth of about 16,300 vehicles compared to the same period last year. This sales volume has already exceeded the full-year sales in 2024 (54,000 vehicles), with less than 20,000 vehicles gap from last year's full-year sales of 101,200 vehicles. According to the current progress pace, after "Golden September and Silver October", it will exceed last year's full-year sales.

Conclusion

The coming September is the season of harvest, and also the traditional sales peak season of the commercial vehicle industry. What performance will Foton Motor have, especially what more wonderful performance will the exports and new energy business that are gradually becoming Foton Motor's new growth "Dual Engines" have?

The global commercial vehicle industry is approaching a critical turning point for deep restructuring towards electrification, intelligence, and low carbonization. Relying on strict access regulations, a mature business environment, and diverse transportation scenarios, Europe has become the top-tier arena for measuring the comprehensive strength of commercial vehicle enterprises. China's commercial vehicle overseas expansion has long since bid farewell to the initial stage of simple product output, moving towards an era of systematic competition characterized by technology output, localized operations, and co-construction of industrial ecosystems.

With over 20 years of deep cultivation overseas, Foton Motor has ranked first in China's commercial vehicle exports for 15 consecutive years. From early "going out" of products to today's comprehensive entry into the "going in, going steady, and going far" Globalization 3.0 new stage, Foton Motor has achieved a leapfrog transformation from scale overseas expansion to value overseas expansion, building a complete overseas expansion system with synergy in products, technology, manufacturing, supply chains, and service ecosystems.

On the technology level, Foton Motor holds the key to overseas market access. Multiple all-electric light trucks and VAN products have obtained WVTA European whole vehicle type certification, won VECTO heavy-duty vehicle carbon emission certification, and secured the entry ticket to the European high-end market; Cawin new energy products are accelerating landing in 15 European countries and high-potential markets like Australia & New Zealand, converting domestic new energy technology advantages into global green transportation supply capabilities.

On the manufacturing and supply chain end, 32 overseas localized factories are distributed across Southeast Asia, Latin America, and the Middle East; a joint supply chain company was established with COSCO Shipping Specialized Transport, opening exclusive overseas capacity channels; key factories in Indonesia and Saudi Arabia are accelerating landing, driving domestic supply chain partners to go overseas together, building a global industrial network with risk resistance and high efficiency. In the European locality, the Germany Unna regional parts distribution center RDC was put into operation, combined with 18 global parts centers, 1,200+ sales outlets, and 1,500+ service outlets, building a 24-hour parts guarantee system, achieving fast local response for European after-sales. In January-August 2026, Foton Motor export sales reached 149,000 units, a year-on-year increase of 44.3%, and systematic strength was directly verified by the market.

On September 14, at the Hanover IAA Auto Show, Foton Motor is set for a major debut. The site will unveil a new European strategy, hold the milestone ceremony for the delivery of the world's 13 millionth vehicle, and premiere the Cawin BEACON smart heavy truck capable of electric and hydrogen fuel overseas. The exhibition will also display seven major new energy vehicle matrices and six self-developed core components, covering multiple mainstream transportation scenarios in Europe, showcasing hard technology strength with full-chain autonomy and controllability.

Not just an exhibition of products, but a centralized review of systematic overseas expansion capabilities. When the world looks towards Europe, Europe will see Foton. On September 14 in Hanover, let us jointly witness the brand new answer to the globalization of China's commercial vehicles.

On July 23, the first batch of Foton Kavon LeFu overseas version CAVAN C1 right-hand drive vehicles destined for Thailand were fully prepared and officially set sail at Shanghai Port. This bulk delivery marks a substantial breakthrough in Foton Kavon Auto's global strategy implementation in the core Southeast Asian market after successfully delivering to European overseas market customers, further improving the brand's global market layout.

Layout Southeast Asian Market, Strengthen Regional Green Transformation Pivot

Along with the accelerating process of low-carbon development in the global transportation sector, the Southeast Asian market, with its strong market vitality and development potential, has become an important incremental track for Chinese new energy commercial vehicle exports. Foton Kavon Auto seized the trend of industry development, firmly promoted the global development strategy, listed Southeast Asia as an important sector of overseas strategic layout, and built an industrial hub for right-hand drive new energy vehicle landing.

This batch export of the Kavon LeFu overseas version — CAVAN C1 right-hand drive vehicle model is not a single phased product output, but a key step for Foton Kavon Auto to use Thailand as a strategic pivot, radiating to right-hand drive regional markets such as Malaysia and Indonesia, and building a complete three-dimensional Southeast Asian market system. This move not only landed the brand's long-term overseas layout plan, but also further promoted Chinese new energy commercial vehicle brands to go global.

Currently, Foton Kavon Auto products have been successfully sold to 25 countries and regions worldwide, forming a global market pattern with the European market as the core and coordinated development of multiple regions such as Southeast Asia, Australia and New Zealand. At the same time, the brand has successively won multiple international authoritative access qualifications such as EU WVTA, UK GB, and Australia VTA. With rigorous high-end market certification standards, it provides intelligent, efficient, and reliable new energy logistics solutions for global users.

Deep Cultivation of Quality R&D, Establish Global Commercial Vehicle Value Benchmark

Strategy landing, quality is the foundation. Aiming at Thailand's hot and humid tropical climate, complex road conditions, right-hand drive traffic regulations, and diversified application scenarios of urban last-mile delivery, Foton Kavon Auto abandoned the extensive development mode of simple vehicle model modification, strictly implemented the localized R&D strategy of "One Area One Policy, One Country One Policy", focused on local users' actual operation pain points to carry out special deep R&D, and with the hard overseas quality that can withstand long-term market inspection, continuously consolidate overseas market reputation and win global customer trust.

Since the brand's establishment, Foton Kavon Auto has always stood on the global development vision, focusing on "Brand New Platform Architecture, Extreme Energy Efficiency Management, High-Level Intelligence, Software Defined Car", achieving systematic breakthroughs in core fields such as energy architecture, intelligent architecture, trust architecture, reshaping commercial vehicle genes with three major architectures and six major technologies, building new energy exclusive vehicle platforms covering micro, light, and heavy types, and establishing global new energy commercial vehicle value benchmarks with excellent quality.

Upgrade Overseas Mode, Build Sustainable Eco-friendly Overseas System

Product overseas is the foundation, ecosystem overseas is the core. As an exclusive new energy commercial vehicle brand under BAIC Foton, Foton Kavon Auto has always upheld the brand mission of "Make Every Kilometer Better", with the development vision of "Committed to Becoming an Internationally Leading New Energy Technology Enterprise", continuously outputting high-quality intelligent products and full-cycle supporting services, helping the global logistics and transportation industry green and low-carbon transformation.

This bulk departure of CAVAN C1 right-hand drive vehicles to Thailand is an important verification of Foton Kavon Auto's "Comprehensive Internationalization" strategy moving from layout planning to landing harvest. Relying on Thailand's perfect industrial supporting and localized after-sales service system, the brand has realized the upgrade from single product output to "Product + Service + Brand + Ecosystem" systematic overseas mode, thoroughly completing the leapfrog development from "Product Overseas" to "Ecosystem Overseas".

The successful landing of the Thailand market fully verifies Foton Kavon Auto's core global competitiveness driven by "Forward R&D + Systematic Overseas" dual core. According to the overall development plan, the brand will continue to unfold the global marketing service network, steadily achieve each stage of overseas sales targets, and plans to land in the Hannover Motor Show in Germany in September 2026, comprehensively demonstrating the hard strength of Chinese Intelligence.

Facing long-term development, Foton Kavon will continue to deeply cultivate the global overseas market, relying on country-specific regulations and standards and user operation needs to continuously iterate and optimize the new energy product matrix, and continuously improve the global marketing service ecosystem network. Always practice the brand's original intention and commitment, continuously lead the global commercial vehicle green transformation, and output technology, efficient global logistics solutions.

[First Commercial Vehicle Network Original]

Since the beginning of this year, Foton Motor's overseas business has continued the strong growth trend of last year, and the "Comprehensive Internationalization" strategy has entered a new phase.

In May 2026, Foton Motor's total sales exceeded 58,000 units, up 17.3% year-on-year; among them, overseas sales broke through again, with a single-month sales volume of 18,000 units, up 64.3% year-on-year. Cumulative sales from January to May reached 89,000 units, up 38% year-on-year, continuing to lead China's commercial vehicle exports. This report card is not only a rise in numbers but also the inevitable result of its years of adhering to strategic stability and deepening localized operations, marking that Foton's globalization process has steadily entered the harvest period of high-quality development.

For details, please refer to the latest report brought by First Commercial Vehicle Network.

Structural Growth Drives May Sales to New Highs

In May, Foton Motor's overseas single-month sales exceeded 18,000 units, up 64.3% year-on-year, continuing to lead the Chinese commercial vehicle overseas export industry. Cumulatively, from January to May 2026, Foton's total overseas exports exceeded 89,000 units, up 38% year-on-year, maintaining strong growth momentum on the basis of last year's high base, showing the resilience and vitality of its global market layout. This series of positive signals has laid a solid foundation for achieving its annual overseas goals.

Behind the high growth is the continuous optimization of the export structure and the full-scale effort of high-value-added models. The May data continued the strong momentum of the previous high-end transformation, among which the high-end product line represented by Auman heavy trucks grew particularly outstanding. In May, driven by large order deliveries in strategic markets such as Africa and Central Asia, the Auman heavy truck product line's growth also reached a new high. In addition, Foton Cavan CAVAN C1 recently appeared at the German IFAT Exhibition, receiving high attention from the European market, and also added support for the export of high-end new energy products.

From the perspective of regional markets, Foton's global map presents a gratifying situation of "blooming in multiple points and comprehensive breakthroughs". The high-end strategy in the European market has shown initial results. With the brand effect brought by the TUNLAND V9 pickup winning international awards, as well as the batch delivery of electric light trucks in Spain, European orders continued to maintain high growth from January to May. In Africa, with the successive delivery of the Dangote Group's order of more than a thousand trucks in Nigeria, and the capacity release of the local factory in South Africa, Foton has become a key participant in infrastructure construction and logistics transportation in that region. This full-spectrum breakthrough from points to surfaces, from traditional power to new energy, makes the foundation of Foton's overseas market growth more solid.

Localization Operations Build Competitive Barriers

The secret to sales continuously leading lies in Foton's deep insight into overseas market laws and the solid cultivation of "long-termism". Unlike simple trade models, Foton takes "putting global scenarios into the database" as the origin of product competitiveness. Relying on overseas technology centers spread across the globe, Foton has established a "Global Adaptability Compendium" covering 59 countries and 140 high-frequency markets, transforming 16 typical scenarios such as high temperature, high cold, and dusty into technical standards of 49 key modules and 91 quantitative performance elements, thereby ensuring that every product launched overseas can accurately adapt to local complex working conditions and user habits.

This R&D model based on big data and scenario-driven makes Foton thoroughly say goodbye to "passive fire-fighting" style after-sales rectification. For example, for the heavy load and long downhill operating conditions in the African market, Foton started from selection and verification requirements and provided a complete solution for heavy truck models; and in the high-temperature desert environment in Saudi Arabia, by optimizing the air conditioning system and thermal management scheme, the cooling effect of the bus was significantly improved. It is this extreme pursuit of details that made Foton products win the trust of global top customers such as Dangote Group and Central Asian port operators, continuously winning thousand-level large orders, and converting technical standards into real market share.

More critically, Foton's localization operations have been upgraded from "product adaptability improvement" to "whole industry chain rooting". Whether in manufacturing bases in Brazil and Thailand, or KD factories in South Africa and Saudi Arabia, Foton has not only achieved localized production but also driven the full localization of supply chains, services, and talent. In South Africa, relying on the Port Elizabeth factory, Foton provided customized heavy truck and pickup products for the local area; in Thailand, the launch of the 2000th heavy truck marked that it had deeply integrated into the local logistics system. In March this year, Foton and COSCO SHIPPING Special Carriers established a joint company to build a self-controllable sea transport supply chain system, further consolidating the logistics base for global development. This deeply bound industrial ecosystem effectively avoids trade barriers and builds a "moat" that competitors find difficult to replicate in the short term.

"Comprehensive Internationalization" Strategy Leads to Accelerate towards World-Class Commercial Vehicle Enterprises

From "Product Going Global" to "Brand Going Global", and then to "Ecosystem Going Global", Foton Motor's clear strategic path is the key to its continuous leadership in the industry. Facing global industrial changes, Foton firmly promotes the "Comprehensive Internationalization" strategy, positioning overseas business as the core growth pole and giving resource allocation. Since 2026, Foton has steadily promoted strategic execution, achieving rapid response to global market demands by strengthening the collaborative efficiency of market, product, service, and technology platforms.

Looking to the future, Foton's global layout is still pushing towards depth—in the industrial end, the local factories in key markets such as Indonesia and Saudi Arabia will accelerate production, and the local matching ratio of key components will also be further improved. This not only helps reduce production costs and risks but also deeply integrates into the local industrial chain, transforming from a purely vehicle enterprise to a provider of regional traffic solutions. At the same time, Foton is actively collaborating with excellent domestic supply chain partners to "go out together" and jointly build a more resilient global industrial system.

In terms of technology and products, Foton's "Comprehensive New Energy" and "Comprehensive Intelligentization" strategies are accelerating to extend overseas. Relying on independent three-electric core technologies, Foton is accelerating the promotion of electric, hybrid, and fuel cell commercial vehicle products' overseas coverage, and deeply integrating intelligent technologies with local needs. From the pure electric light truck eMiler listed in Singapore and the new generation medium truck Auman D series, to the TUNLAND V series hybrid pickups landing in Europe, Foton's high-end and new energy product matrix has been implemented in multiple overseas regions. Recently, the Foton brand officially landed in Suriname, further improving its strategic layout in Central America and the Caribbean. It can be foreseen that with the continuous promotion of the strategy, Foton will not only lead in sales volume but also occupy a more core position in the global commercial vehicle value chain.

Concluding Remarks

Looking back from the bright performance in May, Foton Motor's globalization journey has entered the fast lane. It has proved by practice that Chinese commercial vehicle enterprises are fully capable of competing with international giants on the global stage with technological innovation and systemized operations. Time has passed half of 2026, and Foton's overseas business is going towards the annual goal with an irresistible momentum.

[First Commercial Vehicle Network Original]

Since the beginning of this year, Foton Motor's overseas business has continued the strong growth trend of last year, and the "Comprehensive Internationalization" strategy has entered a new phase.

In May 2026, Foton Motor's total sales exceeded 58,000 units, up 17.3% year-on-year; among them, overseas sales broke through again, with a single-month sales volume of 18,000 units, up 64.3% year-on-year. Cumulative sales from January to May reached 89,000 units, up 38% year-on-year, continuing to lead China's commercial vehicle exports. This report card is not only a rise in numbers but also the inevitable result of its years of adhering to strategic stability and deepening localized operations, marking that Foton's globalization process has steadily entered the harvest period of high-quality development.

For details, please refer to the latest report brought by First Commercial Vehicle Network.

Structural Growth Drives May Sales to New Highs

In May, Foton Motor's overseas single-month sales exceeded 18,000 units, up 64.3% year-on-year, continuing to lead the Chinese commercial vehicle overseas export industry. Cumulatively, from January to May 2026, Foton's total overseas exports exceeded 89,000 units, up 38% year-on-year, maintaining strong growth momentum on the basis of last year's high base, showing the resilience and vitality of its global market layout. This series of positive signals has laid a solid foundation for achieving its annual overseas goals.

Behind the high growth is the continuous optimization of the export structure and the full-scale effort of high-value-added models. The May data continued the strong momentum of the previous high-end transformation, among which the high-end product line represented by Auman heavy trucks grew particularly outstanding. In May, driven by large order deliveries in strategic markets such as Africa and Central Asia, the Auman heavy truck product line's growth also reached a new high. In addition, Foton Cavan CAVAN C1 recently appeared at the German IFAT Exhibition, receiving high attention from the European market, and also added support for the export of high-end new energy products.

From the perspective of regional markets, Foton's global map presents a gratifying situation of "blooming in multiple points and comprehensive breakthroughs". The high-end strategy in the European market has shown initial results. With the brand effect brought by the TUNLAND V9 pickup winning international awards, as well as the batch delivery of electric light trucks in Spain, European orders continued to maintain high growth from January to May. In Africa, with the successive delivery of the Dangote Group's order of more than a thousand trucks in Nigeria, and the capacity release of the local factory in South Africa, Foton has become a key participant in infrastructure construction and logistics transportation in that region. This full-spectrum breakthrough from points to surfaces, from traditional power to new energy, makes the foundation of Foton's overseas market growth more solid.

Localization Operations Build Competitive Barriers

The secret to sales continuously leading lies in Foton's deep insight into overseas market laws and the solid cultivation of "long-termism". Unlike simple trade models, Foton takes "putting global scenarios into the database" as the origin of product competitiveness. Relying on overseas technology centers spread across the globe, Foton has established a "Global Adaptability Compendium" covering 59 countries and 140 high-frequency markets, transforming 16 typical scenarios such as high temperature, high cold, and dusty into technical standards of 49 key modules and 91 quantitative performance elements, thereby ensuring that every product launched overseas can accurately adapt to local complex working conditions and user habits.

This R&D model based on big data and scenario-driven makes Foton thoroughly say goodbye to "passive fire-fighting" style after-sales rectification. For example, for the heavy load and long downhill operating conditions in the African market, Foton started from selection and verification requirements and provided a complete solution for heavy truck models; and in the high-temperature desert environment in Saudi Arabia, by optimizing the air conditioning system and thermal management scheme, the cooling effect of the bus was significantly improved. It is this extreme pursuit of details that made Foton products win the trust of global top customers such as Dangote Group and Central Asian port operators, continuously winning thousand-level large orders, and converting technical standards into real market share.

More critically, Foton's localization operations have been upgraded from "product adaptability improvement" to "whole industry chain rooting". Whether in manufacturing bases in Brazil and Thailand, or KD factories in South Africa and Saudi Arabia, Foton has not only achieved localized production but also driven the full localization of supply chains, services, and talent. In South Africa, relying on the Port Elizabeth factory, Foton provided customized heavy truck and pickup products for the local area; in Thailand, the launch of the 2000th heavy truck marked that it had deeply integrated into the local logistics system. In March this year, Foton and COSCO SHIPPING Special Carriers established a joint company to build a self-controllable sea transport supply chain system, further consolidating the logistics base for global development. This deeply bound industrial ecosystem effectively avoids trade barriers and builds a "moat" that competitors find difficult to replicate in the short term.

"Comprehensive Internationalization" Strategy Leads to Accelerate towards World-Class Commercial Vehicle Enterprises

From "Product Going Global" to "Brand Going Global", and then to "Ecosystem Going Global", Foton Motor's clear strategic path is the key to its continuous leadership in the industry. Facing global industrial changes, Foton firmly promotes the "Comprehensive Internationalization" strategy, positioning overseas business as the core growth pole and giving resource allocation. Since 2026, Foton has steadily promoted strategic execution, achieving rapid response to global market demands by strengthening the collaborative efficiency of market, product, service, and technology platforms.

Looking to the future, Foton's global layout is still pushing towards depth—in the industrial end, the local factories in key markets such as Indonesia and Saudi Arabia will accelerate production, and the local matching ratio of key components will also be further improved. This not only helps reduce production costs and risks but also deeply integrates into the local industrial chain, transforming from a purely vehicle enterprise to a provider of regional traffic solutions. At the same time, Foton is actively collaborating with excellent domestic supply chain partners to "go out together" and jointly build a more resilient global industrial system.

In terms of technology and products, Foton's "Comprehensive New Energy" and "Comprehensive Intelligentization" strategies are accelerating to extend overseas. Relying on independent three-electric core technologies, Foton is accelerating the promotion of electric, hybrid, and fuel cell commercial vehicle products' overseas coverage, and deeply integrating intelligent technologies with local needs. From the pure electric light truck eMiler listed in Singapore and the new generation medium truck Auman D series, to the TUNLAND V series hybrid pickups landing in Europe, Foton's high-end and new energy product matrix has been implemented in multiple overseas regions. Recently, the Foton brand officially landed in Suriname, further improving its strategic layout in Central America and the Caribbean. It can be foreseen that with the continuous promotion of the strategy, Foton will not only lead in sales volume but also occupy a more core position in the global commercial vehicle value chain.

Concluding Remarks

Looking back from the bright performance in May, Foton Motor's globalization journey has entered the fast lane. It has proved by practice that Chinese commercial vehicle enterprises are fully capable of competing with international giants on the global stage with technological innovation and systemized operations. Time has passed half of 2026, and Foton's overseas business is going towards the annual goal with an irresistible momentum.