FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Greenland Technologies Set to Offer Integrated Electric Drivetrain for Electric Forklifts”
Greenland Technologies Holding Corp. (NASDAQ: GTEC) is up over 100% in premarket and early morning trading as it rolls out an integrated electric drivetrain system to support the manufacture of electric forklifts using lithium batteries.
The new system will integrate the transmission, driving axle, electric motor and lithium battery power source into a single efficient drivetrain to reduce the development time and effort for a forklift OEM to offer a lithium battery powered electric forklift to the market.
Greenland Technologies Holding Corporation, a British Virgin Islands company, is a developer and a manufacturer of transmission products for material handling machineries, as well as a developer of robotic cargo carriers and automated warehouse systems.
For more information, please visit: Greenland Technologies Holding Corp.
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