Foton Motor announced on September 29 that the company has formulated the “15th Five-Year Plan” strategic plan to clarify the overall strategy, business goals and path to achievement. The strategic goal is that during the “15th Five-Year Plan” period, the company will anchor sales volume and profit targets, aim to achieve sales of 1 million vehicles by 2030, continuously improve profitability through four major businesses, and strive to become a world-class commercial vehicle company. Accelerate the industrialization layout and development of overseas markets, deep territorial operation and ecological construction, and achieve overseas sales of 400,000 vehicles by 2030, accounting for 40% of sales. Increase investment in new energy technology and ecology, cultivate independent core technologies for new energy sources, build “three electricity” core resources, and achieve ecological innovation and development of new energy sources. By 2030, 500,000 new energy vehicles will be sold, accounting for 50% of sales.

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