Foton Motor was founded in 1996 and listed on the Shanghai Stock Exchange in 1998. It is one of China's largest commercial vehicle manufacturers by product variety, covering the full range of mini, light, medium, and heavy trucks, buses, vans, and pickups.
In 2021, it became a commercial vehicle enterprise in China's auto industry to surpass 10 million units in cumulative sales, with cumulative overseas exports of 760,000 units and 12 consecutive years as China's top commercial vehicle exporter. The brand has deployed multiple new energy technology routes including pure electric, hydrogen fuel, and hybrid, with R&D investment in new energy accounting for no less than 30% of total R&D expenses in 2024.