XUZHOU,China,
The Yellow Table ranks the world's top 50 OEMs by sales revenues in 2022. Despite the influences from the economic cycle as well as the construction machinery industry's close relation to the overall demands and fixed investments, XCMG reported a total revenue of
Leveraging high-performance products and strong brand influence, multiple of XCMG's business units, including excavation, hoisting, earthmoving, and road machinery, have been growing exponentially with increased market shares and top rankings globally.
In 2022, XCMG has delivered large batches of products to high-end markets in
XCMG has achieved sales and successful delivery of the entire crane product portfolio in
Meanwhile XCMG has continually achieved breakthroughs in the R&D and manufacturing of green and new energy equipment products, further advancing the sustainable strategy for green, low-carbon, and intelligent new infrastructure.
"I think more and more people are realizing that electric vehicles can be a very important approach to decarbonization, and in the next five years there will be more and more new energy products, probably reaching the scale of 30 percent," said Liu Jiansen, vice president of XCMG.
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