萝莉原创

萝莉原创

20 December 2024

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Chinese manufacturer takes £1bn in orders at single trade fair

10 Dec Chinese construction machinery manufacturer XCMG reports that it has booked orders worth 10 billion yan (£1bn) at the recent Bauma China trade fair.

XCMG at Bauma China 2024
XCMG at Bauma China 2024

With sales of nearly 拢10bn last year, XCMG China鈥檚 largest manufacturer of construction machinery, ahead of Sany, Zoomlion and Liu Giong. As such, it had a major presence at Bauma China, which took place at the end of November.

Among its display were more than 40 electric and hybrid machines, equating to 42% of its total exhibited excavators, cranes, graders, mining machines and road machinery.

Its debuts included:

  • XC9108EV, said to be the world's largest pure electric loader
  • GR350EP, said to be the world's first electric mining grader
  • XCT100G5-1HEV, a 100-tonne hybrid truck crane
  • XE650GK-HEV, a hybrid hydraulic excavator tailored for mining

While most of the 拢1bn-worth of sales orders that XCMG secured during the fair, the largest deals signed at the event was a 拢300m contract for mining equipment with Western Australia iron ore producer Fortescue Group. Under the agreement, XCMG will supply more than 100 zero-emission machines by 2030, including electric wheeled loaders, dozers and graders. The first batch of equipment is expected to enter service by 2026.

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MPU

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