The Uncrowned King of the Republic's Blue Pagoda - Beiqi Foton
In 1994, BAIC Motor Corporation, which was seeking to break through its difficulties, and Zhucheng Vehicle Factory, which was seeking development, reached an agreement and carried out a cross regional asset restructuring. On August 28, 1996, Beiqi Foton Vehicle Co., Ltd. was officially established in Beijing, marking the birth of the uncrowned king. After its establishment, the company began to develop rapidly and successfully went public in just two years. More importantly, in 2000, Foton won the domestic light truck sales championship in one fell swoop, known as Foton Speed. After winning the light truck championship, Foton did not stop moving forward. In 2002, Foton's first heavy-duty truck product was taken off the production line, giving birth to the new Ouman series. Subsequently, Ouman ETS, Ouman GTL, and Ouman EST heavy-duty truck models were launched. In 2008, Foton Cummins Engine Company was established as a joint venture with Cummins, successfully obtaining world-class power core technology. In April 2021, a moment was recorded in the history of China's automotive industry, and Foton Motor became the first to achieve a sales breakthrough. A large-scale Chinese commercial vehicle company, and also the commercial vehicle company in the world with the shortest time to achieve this goal. The Foton Oumak series under its umbrella focuses on the high-end market and is equipped with Foton Cummins engines, which perform outstandingly in terms of power and fuel consumption. With a magic box of 100000 yuan and no major modifications for a million yuan. The best evaluation of it is that the Foton Olin series is known in the market for its versatility and fast speed, which can meet both urban distribution and short to medium distance intercity transportation. It is a common choice for many integrated logistics fleets. In 2022, Foton launched a second round of entrepreneurship with high quality and low-carbon as its core. It took 3 years and invested over 1.7 billion yuan in research and development funds to create the world's first pure electric light truck exclusive platform, Qimingxing, ushering in a new era of native pure electric vehicles. From a seed in Beijing in 1996 to a towering tree covering the world today, from the first light truck to the world leading pure electric exclusive platform, from China's sales champion to the global market's Chinese business card, the story of Foton Motor is a microcosm of China's modern industry's hard work, innovation and transcendence.
