China`s semi-trailer market will see continued recovery in 2024

In January 2024, the National Automotive Standardization Technical Committee issued the "Letter on Conducting Research on the Implementation Status and Standard Revision Needs of GB7258-2017 and GB1589-2016 Standards", which will guide the direction of upgrading semi trailer vehicle technology and promote the realization of transportation efficiency and safety. As China's Trailer market environment becomes more orderly and standardized, Products iterative upgrades and over-limit and overloading phenomena are reduced. With the country's vigorous promotion of multimodal transport, drop-and-pull models and trailer rental models, China's semi-trailer will move towards a new development stage of compliance, standardization, intelligence, electrification and lightweight.

It is predicted that in early 2024, China's transportation will continue to recover, logistics freight volume is expected to continue to increase. And China's semi trailer market is ushering in a new situation of continued recovery, supply-side reform, and accelerated concentration of head effects.