Heavy-Duty Trucks

The transportation industry is an important sector for carbon emissions in China's dual carbon goals, and heavy trucks, as a high energy consuming and high emission vehicle type, face enormous pressure to reduce emissions. Traditional fuel heavy truck exhaust emissions contain a large amount of pollutants such as nitrogen oxides and particulate matter, which have a serious impact on air quality.

At present, the country has introduced policies to encourage the development of new energy vehicles, which have played a positive role in promoting the use of battery powered heavy-duty trucks. In recent years, battery technology has continuously made breakthroughs, with increased energy density, reduced costs, and extended lifespan, providing a technical foundation for the development of battery powered heavy-duty trucks.

The operating cost of swapping heavy-duty trucks has significant advantages for heavy-duty truck operators and users. The cost of electricity is relatively low, and compared to fuel powered heavy-duty trucks, the energy consumption cost of replacing heavy-duty trucks is significantly reduced; In addition, the battery swapping mode can reduce the maintenance cost of vehicles, as the power system of electric vehicles is relatively simple and the maintenance workload is relatively small.

On October 12, 2024, the People's Bank of China, the Ministry of Ecological Environment, the State Administration of Financial Supervision, and the China Securities Regulatory Commission jointly issued the Opinions on Giving Play to the Role of Green Finance in Serving the Construction of a Beautiful China (hereinafter referred to as the Opinions), which clearly defined that we should increase support for clean energy, focus on supporting the winter clean heating, long-distance heating demonstration projects, charging and replacing infrastructure construction, and the development of zero emission freight fleets in northern China. We should support cities and industrial parks to carry out collaborative innovation pilot projects to reduce pollution and carbon, and implement projects to reduce pollution and carbon in key industries such as power, steel, nonferrous metals, and building materials, update environmental protection equipment, and optimize technological processes.

Therefore, in some specific transportation scenarios, such as ports, mines, logistics parks, etc., the driving route of heavy trucks is relatively fixed, the transportation distance is short, and the requirements for endurance mileage are relatively low, which provides favorable conditions for the application of battery swapping heavy trucks.

Mingde's battery swapping business revolves around transportation vehicles and engineering machinery such as electric heavy-duty trucks, mining trucks, loaders, etc., providing a full process, one-stop comprehensive solution including solar energy storage charging and swapping supply services, battery leasing and vehicle deployment, transportation capacity undertaking and intelligent scheduling, and matching corresponding products according to different scenarios. The Orange Control Operation System can serve as a comprehensive management platform for station equipment control and monitoring, battery swapping process inspection, and cloud based reporting of results. Related services such as battery swapping process monitoring, equipment operation monitoring, equipment control, battery swapping ledger, energy consumption report, etc.

Up to now, Mingde has built multiple benchmark projects in typical scenarios such as "Donggang West Mine", completed layout in multiple key cities, and built regional advantages. The company has already implemented projects in many cities such as Haixi Prefecture, Qingdao, Rizhao Xiong'an, Yulin, Panzhihua, Yancheng, Tianjin, Fengcheng, Ordos, etc., making outstanding contributions to local environmental protection, energy conservation and emission reduction, and responding to national policies.