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Heli and Hangcha first half year 2025 report data analysis

Domestic industrial vehicle sales growth, compared to the double-digit rates seen several years ago, has slowed to 9.79%—a clear indication of overall market demand deceleration.
While diesel forklifts declined by 6.61%, their total volume remains substantial. Conversely, this highlights significant growth potential for lithium-ion counterbalanced forklifts. Their 38.02% market share underscores this point. What factors are preventing lithium-ion counterbalanced forklifts from fully replacing diesel models?
Exports grew by 15.21%, indicating stronger demand in overseas markets than domestically. What is the proportion of lithium-ion and diesel models in export products? No answer is available. Lithium-ion forklifts are a new product created by China, holding a dominant advantage in foreign markets. Why then is their growth not as strong as anticipated?
HeLi's First-Half Sales Performance:
HeLi achieved double-digit sales growth in the first half, with exports surging by 23.08%, setting an industry benchmark.