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Greenland Launches Innovative GEX-8000 Electric Industrial Excavator
EAST WINDSOR, N.J., Feb. 17, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") today announced the

About this update from Greenland Technologies Holding Corporation
[{"type":"text","content":"EAST WINDSOR, N.J., Feb. 17, 2022 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) (\"Greenland\" or the \"Company\") today announced the launch of its latest innovative industrial vehicle, the GEX-8000 Industrial Electric Excavator.\nThis marks another major expansion in Greenland's product roadmap of innovative industrial vehicles that provide sustainable solutions to industries traditionally dominated by heavy emission equipment. The GEX-8000 Industrial Electric Excavator is powered by a 141 kWh lithium battery that boasts a rapid 2 hour charge time with 9 hours of operating time per charge. With an 8.0 ton rated load, the powerful yet zero operating emissions GEX-8000 is positioned to help further modernize the global industrial equipment market. Perfect for on-site applications in industries ranging from agriculture, urban construction to waste management and property management, customers can learn more about the new GEX-8000 Industrial Electric Loader at www.greenlandmachinery.com. \nRaymond Wang, CEO of Greenland, commented, \"This is an exciting development for us and we can't wait to show off our latest vehicle to customers, which we believe delivers superior performance and a faster return on investment than traditional industrial vehicles. We continue to execute on our product roadmap and solidify Greenland's position as one of the industrial electric vehicle market's most innovative companies. Our goal is to meet all of our customers' needs from warehousing vehicles to loaders, heavier excavation vehicles and more. That is why we continue to prioritize and invest in our long-term roadmap. We are in a growth phase that we expect will accelerate as we bring our recently announced new manufacturing capacity online, while continuing to leverage additional sales and technology partnerships. We believe Greenland's value proposition is compelling from both a financial and environmental standpoint, and we look forward to leveraging this to drive higher sales growth as we move forward.\"\nAbout Greenland Technologies Holding Corporation\nGreenland Technologies Holding Corporation (NASDAQ: GTEC) is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. For more information visit www.gtec-tech.com.\nForward-...
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