SANY Group Leading the Way in Green Construction Machinery with Innovative Low-Carbon Solutions
Key Ideas
  • SANY Group reported significant revenue from electric and hydrogen energy products in 2023, showcasing a strong commitment to green technology.
  • The company is at the forefront of low-carbon innovation, launching over 130 new energy products including the world's first fully electric rotary drilling rig and hydrogen energy mixing truck.
  • SANY's focus on R&D and obtaining 275 low-carbon patents is driving market growth, with sales of electric mixer trucks increasing by 47 percent in 2023.
  • The Group's strategic roadmap includes key technology directions like battery cell, electric drive bridge technology, and fuel cell systems to further enhance its competitive edge in the market.
SANY Group, a leading Chinese heavy equipment manufacturer, has reported impressive revenue from its electric and hydrogen energy products in 2023. With a total revenue of 3.146 billion yuan from electric products and 130 million yuan from hydrogen energy products, the company is driving forward in the green construction machinery sector. By focusing on low-carbon solutions, SANY has launched over 130 new energy products, such as the world's first fully electric rotary drilling rig and a hydrogen energy mixing truck. These innovative products not only cater to clients' low-carbon transformation needs but also bring value through reduced operation costs. SANY's emphasis on R&D is evident through the establishment of a new energy technology committee and the acquisition of 275 low-carbon patents. The Group's sales of electric mixer trucks have seen a significant increase, maintaining the highest market share for three consecutive years. Looking ahead, SANY aims to strengthen its R&D capabilities and product advantages to foster green and sustainable development, contributing to industry transformation and environmental goals.
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