Foton Motor releases its 15th Five-Year Plan: Aim for 1 million vehicle sales by 2030, with new energy vehicles accounting for 50%
The Block
47m ago
Ai Focus
Foton Motor released its "15th Five-Year" strategic development plan on September 29, aiming to achieve a total vehicle sales volume of 1 million units by 2030, of which 400,000 units will be sold overseas, accounting for 40%, and 500,000 units will be new energy vehicles, also accounting for 40%. The company also stated that it will promote the large-scale installation of L2-L3 level intelligent driving systems and strive to achieve full commercialization of L4 level intelligent driving technology by 2030.
Helpful
No.Help

News from the IT family on September 30: Foton Motor released its "15th Five-Year" strategic development plan on September 29, setting a core strategic goal of achieving 1 million vehicle sales by 2030.

In terms of internationalization, Foton Motor stated that from January to August 2026, its overseas sales reached nearly 150,000 units, a year-on-year increase of 44.3%; as of now, the company's cumulative total overseas sales have exceeded 1.39 million units, with its products and services covering more than 140 countries and regions around the world. Its export sales have ranked first in China's commercial vehicle industry for 15 consecutive years.

During the 14th Five-Year Plan period, Foton Automobile will continue to advance the upgrading of its internationalization strategy, making a comprehensive transition from traditional "exporting products" to "exporting systems, intelligent manufacturing, and brands." It will make every effort to achieve the strategic goal of selling 400,000 vehicles overseas by 2030, with these exports accounting for 40% of total sales.

Foton Motor will rely on its self-developed Aiyike three-electric technology platform to tackle key areas such as batteries, electric drives, electronic controls, and hydrogen fuel core components. It plans to establish a dedicated industrial base for new energy components, aiming to increase the self-production rate of core modules such as batteries, electric drive bridges, and vehicle controllers. This strategy is aimed at achieving a sales target of 500,000 new energy vehicles by 2030, with new energy vehicles accounting for 50% of total sales.

In the field of intelligent driving, Foton Automobile will continue to advance the full-stack independent research and development of L2-L3 level intelligent driving algorithms, achieving large-scale installation of functions such as high-speed navigation, intelligent obstacle avoidance, and adaptive cruise control, comprehensively covering core commercial scenarios such as long-distance trunk logistics and urban delivery.

At the same time, in enclosed and restricted scenarios such as port docks, mining area parks, and end-logistics networks, the company will continue to make breakthroughs in L4 level advanced autonomous driving technology. It will iteratively optimize solutions for unmanned towing, unmanned sanitation, unmanned delivery, intelligent buses, and other unmanned equipment, and continuously expand the scope of commercial demonstration operations. The goal is to achieve full commercialization of L4 level intelligent driving technology by 2030.

At the intelligent cockpit level, Foton Motor will continue to upgrade the new generation of highly integrated electronic and electrical architectures, optimizing core functions such as human-machine interaction, intelligent connectivity, remote control, and intelligent diagnostics, to support the rapid iteration and personalized customization of the vehicle's functions OTA.

Tip
$0
Like
0
Save
0
Views 14
CoinMeta reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Trust3 AI Introduces Secure and Autonomous AI Proxy into Microsoft OneLake
Trust3 AI Announces the Launch of a New Feature That Automatically Synchronizes Row-Level and Column-Level Security Policies Between Databricks, Snowflake, and Microsoft OneLake Security. The company states that this move is aimed at ensuring consistent access control and governance as enterprises use OneLake to aggregate data and deploy their own AI proxies.
PR Newswire
·2026-09-30 12:43:06
9
NTT TechnoCross has been recognized by Frost & Sullivan as the Japanese Company of the Year for the third consecutive year
Frost and Sullivan announce that NTT TechnoCross has been recognized as the Japanese Company of the Year for 2026 for the third consecutive year due to its performance in the field of privileged access management ( PAM ). The organization stated that the company stood out in innovation, strategic execution, customer engagement, and market response.
PR Newswire
·2026-09-30 12:22:15
11
Kazakhstani President Tokayev supports Youbixuan in building a robot equipment manufacturing factory in Almaty
Youbixuan Technology stated that Kazakhstani President Kassym-Jomart Tokayev, during a meeting with Youbixuan Vice President Zhong Yong in Almaty, expressed his support for Youbixuan to build a robot equipment manufacturing factory locally, with products mainly targeting the education and service sectors. The two parties also discussed the application of Youbixuan's technology in various projects and industries, as well as the establishment of cooperation mechanisms with local universities and colleges.
The Block
·2026-09-30 12:13:43
18
Binance Pay connects to PayPay merchant payments in Japan through HIVEX ®
Binance announces that eligible overseas Binance Pay users can now make payments to PayPay merchants nationwide in Japan through HIVEX ®. This service will be available starting from September 30, 2026, covering approximately 48 million eligible Binance Pay users in over 100 countries and regions, with merchants still settling in Japanese yen.
PR Newswire
·2026-09-30 11:43:07
20
View More