Facing the ever-changing development trends of new energy, Weichai Group under Shandong Heavy Industry Group aims at the industry frontier, integrates global resources, and accelerates structural transformation.

The series report "Walking at the Forefront, Shouldering the Heavy Responsibility: Observations on the High-Quality Development of Shandong Heavy Industry Group" today focuses on how Weichai is meeting the challenges of the new energy arena.

Intensive Release of New Products: Weichai Accelerates Its Lead on the New Energy Track

In 2024, China's electric passenger vehicles continued to maintain strong development momentum. In the commercial vehicle sector, pure electric power has also begun to see explosive growth.

In 2025, the industry situation at home and abroad will become more complex, and the industrial transformation brought by new energy and digital intelligence will be even more rapid.

Based on the current actual situation of the commercial vehicle market

Weichai has made a forward-looking layout for its new energy business

At the recently held 2025 Global Partners Conference, Weichai released to the public for the first time its self-developed high-performance, high-reliability, and long-life power battery products covering the full range of commercial vehicles and construction machinery, and displayed new energy full-industry-chain products such as motors, electronic controls, and drive assemblies. These represent the world's most leading commercial vehicle battery technology and will bring higher-end, more advanced, and more professional solutions to China's new energy commercial vehicle industry.

From technology layout to ecosystem building, Weichai has always promoted the transformation of the new energy industry with a long-term vision.

Seizing Major Project Construction: Weichai Builds a New Energy Ecosystem

Major project construction is the "power source" for promoting the rapid growth of enterprises, the "strong support" for enhancing their core competitiveness, and also the "strong engine" for activating their future strategies. In recent years, Weichai has used major projects in the new energy field as an engine to enhance its internal driving force and promote high-quality economic development.

At present, equipment installation is underway at the Weichai (Yantai) New Energy Power Industrial Park, invested and built by Weichai and BYD. With a total investment of 56 billion yuan, after all three phases are put into production, it will have an annual production capacity of 50 GWh of batteries, 500,000 flat-wire motors, 400,000 electronic controls, and 50,000 electric drive assemblies, and will be built into an industry-leading highland for a new energy vehicle battery, motor, electronic control, and electric drive assembly industrial cluster.

In addition, by actively integrating and utilizing global R&D strength and advantageous industrial resources, Weichai has achieved comprehensive layout and industrialization of powertrain products across three major technical routes: fuel cells, hybrid power, and pure electric power. It has successively carried out strategic cooperation with companies such as Bosch of Germany, Ballard of Canada, ODERS of Germany, and Feixiang of Switzerland, mastered key technical resources for hydrogen fuel cells, and established a complete hydrogen fuel commercial vehicle industry chain of "single cell-stack-system-complete vehicle."

Riding the mighty east wind of green, low-carbon, and high-quality development, Shandong Heavy Industry seizes opportunities, adapts measures to local conditions, improves efficiency, races against time in construction schedules, and makes concentrated efforts to push enterprise quality and efficiency to a higher level, industrial structure toward new changes, and enterprise ecosystem toward better advancement, helping Shandong Province to "walk at the forefront and shoulder the heavy responsibility" in the green transformation and development of the high-end equipment manufacturing industry.