HEVI's newest H55L 6-ton rated powerhouse eliminates emissions and diesel costs while offering reduced maintenance and significantly lower total cost of ownership. HEVI's advanced hydraulic power system ensures seamless operation, complemented by long-lasting battery performance for uninterrupted workdays. With powerful instant torque from electric motors, H55L delivers maximum productivity with minimal environmental impact. Equally important, HEVI's H55L is expected to cut carbon footprints by approximately 70 tons of CO2 annually compared to similar-sized diesel models.
Raymond Wang, CEO of HEVI, commented, "We are strategically expanding our line of industrial electric vehicles to capitalize on the most promising market opportunities, focusing on areas where we can leverage our competitive strengths. The ongoing shift toward eco-friendly industrial vehicles is accelerating, and we are actively working to broaden our range of vehicles and simplify the buying and ownership experience for our customers. Our latest model, the H55L, exemplifies our commitment to combining high performance with eco-friendly benefits, positioning HEVI as the ideal solution for a variety of tasks. We believe this approach will drive revenue growth and enhance shareholder value."
About HEVI Corporation
HEVI is a developer and manufacturer of sustainable heavy machinery such as all-electric heavy construction and farm machinery. The Company is a wholly owned subsidiary of Greenland Technologies Holding Corporation (Nasdaq: GTEC). Information on the Company's clean industrial heavy equipment can be found at HEVI at HEVI Corp.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking statements." Such statements reflect HEVI's current views with respect to future events and are subject to such risks and uncertainties, many of which are beyond the control of HEVI, including those set forth in the Risk Factors section of Greenland's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, HEVI's expectations with respect to future performance. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. HEVI does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.