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On the morning of December 23, 2008, the 25,000th heavy-duty trucks produced by Beibei Heavy-duty Penglai branch produced in 2008 marked the increase in the output of Beiben heavy-duty trucks, ranking the first in the industry, among which Beiben heavy truck Penglai points. The company has an annual sales capacity of 9,000 trucks.
At the end of 2006, Northern Benz Heavy-Duty Truck Co., Ltd. invested 1.2 billion yuan to build a project of Beifang-Benz Heavy Industry Penglai Branch in Penglai, mainly assembling and manufacturing over 100 varieties of trucks, dump trucks, semi-trailer tractors, and modified cars. Bei Ben Heavy Duty Truck invested in Penglai. The main phase is the strong foundation and good environment of the Penglai automobile and parts industry. In recent years, Penglai City has focused on cultivating the automobile and parts industry as one of the four leading industries, proposing the industrial development concept of “strengthening the industry leader, highlighting industrial characteristics, and improving the industrial chainâ€, and formulating industrial planning and industrial policies. Targeted selection of domestic and foreign famous manufacturers of automobiles and parts for investment promotion. Currently, it has more than 20 automobile manufacturing projects such as Beiben Heavy Industry Penglai Branch, FAW (Shandong) Automobile Modification, Shunda Special Vehicle Modification, and Daewoo Korea.
The North Mercedes-Benz heavy truck project settled in Penglai, filling the gap in heavy-duty truck production in Yantai. This year, the Penglai project will successfully complete the 10,000 production and sales targets and achieve sales revenue of over 4 billion yuan. Yu Penglai has also become one of the three heavy truck production bases in Shandong Province.