Greenland Reports 75.3% Increase in Net Income for First Nine Months of 2024
* Revenue for the First Nine Months of 2024 of $64.57 Million, Decreases Slightly from$67.56 Million in First Nine Months of 2023 * Operating Expenses Decrease 15.6% for the First Nine Months of 2024 Compared to the First Nine Months of 2023 * Strong Balance Sheet with Cash and Restricted Ca...
HEVI Announces Transition to a More Aggressive Dealer Model to Meet Strong Customer Demand for its Electric Industrial Equipment
EAST WINDSOR, N.J., Oct. 1, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced its transition to a more aggressive dealer model to meet strong customer demand for its expanded line of electric industrial equipment. The new...
HEVI Unveils North America's Largest All-Electric Wheel Loader: Game-Changing H65L Delivers Zero Emissions, Lower Costs, and Uncompromised Performance
EAST WINDSOR, N.J., Aug. 28, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today unveiled its game changing all electric vehicle, model H65L. With a nearly 50,000 pound operating weight, HEVI's new flagship H65L all electric wheel loade...
HEVI Launches H55L Electric Front Wheel Loader; Newest Model Expected to Save Customers by Materially Reducing Diesel and Planned Maintenance Expenses
EAST WINDSOR, N.J., Aug. 27, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced the further expansion of its growing industrial electric vehicle portfolio with the launch of its newest model, the H55L front wheel loader. HEVI...
Greenland Reports 99.7% YoY Increase in 2Q 2024 Net Income
* Drives Gross Margin Stability and Expense Reductions * Introduces Incentives to Accelerate Electric Industrial Vehicle Purchases * Terminates Planned Spin off its Drivetrain Systems Segment EAST WINDSOR, N.J., Aug. 15, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq...
Assurant Partners with HEVI to Provide Extended Service Contracts
EAST WINDSOR, N.J., July 23, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced it is partnering with Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer...
National Energy Improvement Fund Partners with HEVI to Provide Equipment Financing
EAST WINDSOR, N.J., July 17, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced it is partnering with the National Energy Improvement Fund (NEIF) to provide equipment financing. Through this partnership, HEVI customers will b...
Greenland Technologies and Lonking Join Forces to Develop Heavy Electric Machinery for the U.S. Market Under the HEVI Brand
EAST WINDSOR, N.J., July 16, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, and Lonking Ho...
Greenland Reports 64% YoY Increase in 1Q 2024 Net Income Per Share
* Drives Year-over-Year Revenue Growth and Gross Margin Expansion * Achieves Major Milestone with Sales to Maryland's Port of Baltimore * Accelerates Expansion of the HEVI Authorized Service Provider (ASP) National Network EAST WINDSOR, N.J., May 16, 2024 /PRNewswire/ -- Greenland Technologi...
Greenland Technologies Completes Initial Sales Delivery to Maryland's Port of Baltimore
EAST WINDSOR, N.J., April 10, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announc...
Greenland Expands HEVI's Fast Growing Approved Service Provider Network to North Carolina with Addition of Truck and Auto Repair
EAST WINDSOR, N.J., April 2, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
Greenland Technologies Operations Unaffected by Francis Scott Key Bridge Collapse in Baltimore, MD; Company Reaffirms April 2024 Sales Delivery Plan
EAST WINDSOR, N.J., April 1, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, issued the fol...
Update: Greenland Technologies Plans April 2024 Initial Sales Delivery to Maryland's Port of Baltimore
EAST WINDSOR, N.J., March 21, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announc...
Greenland's Board Approves Spin-off and Creation of Pureplay Industrial EV Company
EAST WINDSOR, N.J., Feb. 14, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company") today announced that the Company's Board of Directors (the "Board") had approved a spin-off of its drivetrain systems business, and approved a plan to separat...
Greenland Announces Major Purchase Agreements; East Energy Agrees to Purchase GEL-1800 and GEL-5000 from HEVI
EAST WINDSOR, N.J., Feb. 13, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
Greenland Technologies Announces Addition of Correlli Incorporated to HEVI's Fast Growing Approved Service Provider Network Program
EAST WINDSOR, N.J., Feb. 6, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced...
Greenland Technologies Announces Power Tech Equipment Repair Has Joined HEVI's Approved Service Provider Network Program
EAST WINDSOR, N.J., Jan. 30, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
Greenland Technologies Announces Amerit Fleet Solutions has Joined HEVI's Approved Service Provider Network Program
EAST WINDSOR, NJ., Jan. 23, 2024 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced...
Greenland Technologies Schedules 2023 Annual Meeting of Shareholders
EAST WINDSOR, N.J., Dec. 19, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
Greenland Technologies to Present at Water Tower Research Investor Conference
EAST WINDSOR, N.J., Dec. 12, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announce...
