Shantui

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.

Greenland Technologies and Shandong Heavy Industry Announce Major Strategic Partnership

Retrieved on: 
Monday, June 21, 2021

Lithium Battery Forklift Available for Sale in the U.S. in July 2021

Key Points: 
  • Lithium Battery Forklift Available for Sale in the U.S. in July 2021
    EAST WINDSOR, N.J., June 21, 2021 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced a major strategic partnership with Shandong Zhongcha Heavy Industry Machinery Co. ("Shandong"), a multinational heavy machinery and automotive manufacturing company.
  • The partnership is structured to accomplish two strategic objectives to drive revenue generation and to enhance leadership position as a first mover.
  • 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.