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Introduction to the Heavy Duty Truck HOWO brand

The HOWO brand is one of the core heavy-duty truck brands of Sinotruk. With its excellent product quality and extensive brand influence, it has become a benchmark in the domestic heavy-duty truck industry.

China's truck export policy mainly includes the following aspects

Policy support‌: In recent years, with the advancement of the "Belt and Road" initiative, the Chinese government has provided a series of policy support and preferential measures for automobile export projects, reducing the export costs of enterprises and increasing their enthusiasm for export‌1.

In 2024, for every three heavy trucks we see overseas, one may come from China.

According to the latest data from the China Association of Automobile Manufacturers, in the first half of 2024, China's truck exports reached a total of 351,000 units, achieving a year-on-year growth of 6%.