News Releases | Greenland Technologies Holding Corporation

Year

14 Nov '24

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 Cash Balance

01 Oct '24

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.

28 Aug '24

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 loader

27 Aug '24

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.

15 Aug '24

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: GTEC) ("

23 Jul '24

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

17 Jul '24

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 be

16 Jul '24

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

16 May '24

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 Technologies Holding

23 Apr '24

Port Authority of New York and New Jersey to Purchase HEVI's GEL-5000 Electric Front Loader

EAST WINDSOR, N.J. , April 23, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy construction and farming machinery, today announced the Port Authority of New York and New Jersey has agreed to purchase the Company's HEVI GEL-5000 all-electric front

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