©2026CIC.Allrightsreserved.Thisdocumentcontainshighlyconfidentialinformationandissolelyfortheuseofourclient. Nopartofitmaybecirculated,quoted,copiedorotherwisereproducedwithoutthewrittenconsentofCIC. CICReports|China’s AutonomousMiningTruckSolution Industry Report Ex ecutiveSummary Thisreport examines China’s autonomous mining truck solutionindustry,whichaddressestraditionalminingpainpoints,isdrivenbysafetyneeds,technological progress and supportive policies,andfeatureshighentrybarriersalongsidestronggrowthpotential. TableofContents 1.MarketOverview1.1MarketDefinition1.2MarketSizeandGrowth2.KeyGrowthDrivers2.1KeyDrivers2.2FutureOutlook CICReports|China’s AutonomousMiningTruckSolution Industry Report 1.Mark etOverview 1.1MarketDefinition WhileChina's mining industry remains a crucial economic pillarexperiencingsteady growth,traditional labor-intensive operationsfacesevere sustainability challenges due to these pain points:frequentaccidents,harsh and remote working conditions,agingworkforceaswellasloweconomicefficiency. Drivenby urgent safety demands,technological advancementsandfavorable policies,the mining sector takes the lead in thelarge-scalecommercialapplicationofautonomousdriving.Relevantenterprisesdevelop autonomous driving systems,V2X technologyandfleetmanagementsolutionsapplicabletofullminingworkflows.Despitetoughminingenvironmentscallingforin-depthresearchonvehiclecontrol,perceptionandfleetcoordination,thesetechnologieseffectivelytackletraditionalminingindustrydrawbacksandgreatlyimproveoperationalsafety,sustainabilityandefficiency. 1.2MarketSizeandGrowth China'sautonomousminingtruckindustryisbooming.ItsmarketsizehitRMB 1.9 billion in 2024,taking up 75.6%of the closed-areaintelligentdrivingmarket,andisforecasttosurgetoRMB39.6billion CICReports|China’s AutonomousMiningTruckSolution Industry Reportby2030witha65.3%CAGR.Productsaleswillrisefrom34%in2024to40%in2030,whileits2024totaladdressablemarketstandsatRMB550billion. Note:Themarketsizeincludesrevenuesfromboth productsalesandfleetoperations. Source:CICReports Chinaandthewholeworldseesteadygrowthinautonomousminingtruckshipments,with striking growth gaps among different years.Chineseordinaryandautonomousminingtrucksenjoyobviouspriceadvantagesover international counterparts.Rich in mineralresources,regions including the Middle East,Australia and SouthAmericahavehugemarketpotential.Highlaborcosts,severestaffshortagesandgrowingdemandsforsaferandmoreefficientmining CICReports|China’s AutonomousMiningTruckSolution Industry Reportoperationsgreatly boost local adoption of autonomous miningsolutions,making these areas key markets to fuel global industryexpansion. CICReports|China’s AutonomousMiningTruckSolution Industry Report 2.KeyGrowthDrivers 2.1KeyDrivers HeightenedSafetyStandard Thecontinuouslyincreasingdemandforcoalandotherresourcescausesexcessive production in mining areas,thus overworkingminingworkersandescalatingsafetyrisks.Accidentscanendangerworkersand lead to mine shutdowns,disrupting production andcausingsignificant economic losses.Autonomous mining caneffectivelyreduce accidents caused by human error,therebyimprovingoverallsafetyinminingoperations. GrowingNeedforCostEfficiency Maximizingextractionefficiencyandmanagingcostshavebecomeessentialfor maintaining mining companies’competitiveness.Deployingautonomous mining vehicles can significantly reducelaborand energy costs while allowing for continuous 24-houroperation,therebyimprovingcostefficiencyforminingcompanies. TechnologicalAdvancement Vehicleintelligence and V2X form the foundation of autonomousmining.Vehicle intelligence,powered by onboard sensors,control systemsandalgorithms,equipsminingtruckswithintelligentdrivingcapabilities.Meanwhile,V2X technology enables the exchange ofreal-timetraffic information both between vehicles as well asbetweenvehicles and road infrastructure,effectively filling theinformationgapsofvehicle-basedautonomyandenhancingoveralltransportationefficiency in mining operations.The integration ofvehicleintelligenceandV2XtechnologiesdrivesthecommercializationofautonomousminingtrucksolutionsinChina. RegulatoryMandate Chineseauthorities have rolled out supportive policies and clearquantitativetargets to boost autonomous mining development.Relevantofficial documents set timelines for coal mine intelligentupgrading,andauthoritiesrequireintelligentcoalminecapacitytoaccountfor no less than 60%nationwide by 2026.Tighter safetyregulationsfurther fuel market demand for autonomous miningtechnologies. 2.2FutureOutlook Theautonomousminingtrucksolutionindustryispoisedforrobustandtransformative growth in the coming years,driven bytechnologicalinnovation,policy tailwinds,and escalating demand CICReports|China’s AutonomousMiningTruckSolution Industry Report forsafetyandefficiency. However,theautonomousminingtruckindustryhassubstantialentrybarriers,including the requirement for strong R&D capabilities,sophisticatedmethodologies,highproductreliabilityandver