The invention discloses a welding assembly tool and method for an electric wheel dumper cargo tank. The welding assembly tool comprises a cargo tank front plate welding assembly welding tool and a cargo tank assembly tool. The cargo tank front plate welding assembly welding tool comprises a saddle positioning base, first front plate supporting base sets, second front plate supporting bases, first pressing blocks, a fixed pressing block and a movable pressing block. The cargo tank assembly tool comprises bases, front plate welding assembly positioning frames, a saddle positioning frame, a left side plate positioning frame, a left side plate inclined supporting frame, a right side plate positioning frame, a right side plate inclined supporting frame, rear wane supporting frames, hinged bases, a saddle pressing block and bottom plate pressing blocks. The welding assembly method for the cargo tank includes the steps that a cargo tank front plate welding assembly is welded; the cargo tank is assembled. According to the structure and the method, before welding, all parts of the cargo tank can be accurately positioned, and the cargo tank can be prevented from deforming severely in the welding process.