Electric Options Begin to Permeate Through the Construction Machinery Industry
Retrieved on:
Tuesday, June 22, 2021
This transition goes far beyond electric vehicles however, as more and more industries are looking to emulate the automobile industry when it comes to electrification.
Key Points:
- This transition goes far beyond electric vehicles however, as more and more industries are looking to emulate the automobile industry when it comes to electrification.
- Greenland Technologies Holding Corporation(NASDAQ: GTEC) announced yesterday breaking news regarding, "a major strategic partnership with Shandong Zhongcha Heavy Industry Machinery Co. ('Shandong')", a multinational heavy machinery and automotive manufacturing company.
- Headquartered in Jinan, Shandong, China, Shandong Zhongcha Heavy Industry Machinery Co. was founded in 2009 through a merger between Weichai Holding Group, Shandong Construction Machinery Group, and Shandong Auto Industrial Group.
- Shandong Heavy Industry has five principal operating subsidiaries: Weichai Holding Group Co., Ltd. (the parent company of Weichai Power), Shantui Construction Machinery Co., Ltd., Shantui Machinery Co., Ltd., Shanzhong Construction Machinery Co., Ltd., and Shandong Auto Industry Group Co., Ltd., Shazhonng Construction Machinery.