XCMG debuts latest all-terrain construction cranes

Cranes that have less energy consumption are expected to become more popular in the market. It is estimated that about 330,000 new energy cranes are needed globally by the end of 14th Five-Year Plan, according to XCMG.

The company, which can provide complete hoisting solutions including 8 to 220-ton truck cranes, 40 to 2,000-ton all-terrain cranes, 25 to 150-ton rough terrain cranes, 55 to 4,000-ton crawler cranes, and 50 to 1,600-ton tower cranes, will continue to have internationalization as its major development strategy.

XCMG's all-terrain cranes, truck cranes and tough-terrain cranes have been sold in some 140 countries and regions including Europe, the United States, Australia, Canada, Brazil and Russia. The company occupies large market shares in countries including Russia, Saudi Arabia, Brazil and Nigeria, but China remains the largest market for XCMG.

Australia, Europe and North America have been identified as high-end markets featuring the best brands and the fiercest competition. High-end markets are synonymous with the most advanced performance, technologies and stringent regulations, according to the company. Recognitions from those markets provide the best proof of XCMG's performance.

This year alone, XCMG has released 91 customized crane models in overseas markets, covering countries involved in the Belt and Road Initiative, European countries, Australia and the US.

Over the past 10 months, XCMG registered 44 patents in China and nine patents in other countries for its mobile cranes.

By 2025, the group is expected to rank first among Chinese construction machinery manufacturers and its main indicators, including economies of scale, technology quality and international competitiveness, will rank in the top two worldwide.