Company Overview - HEVI Corp. is a manufacturer of all-electric heavy equipment, focusing on sustainable heavy machinery such as electric construction and farm machinery [4] - The company is a wholly owned subsidiary of Greenland Technologies Holding Corporation [4] Product Launch - HEVI announced the launch of its newest model, the H55L front wheel loader, which is designed to combine robust performance with eco-friendly operation [1] - The H55L can lift up to six tons and is suitable for various applications including material management, site preparation, landscaping, and recycling [2] Environmental Impact - The H55L is expected to cut carbon footprints by approximately 70 tons of CO2 annually compared to similar-sized diesel models [2] - The all-electric loader eliminates emissions and diesel costs, offering reduced maintenance and significantly lower total cost of ownership [2] Strategic Focus - The CEO of HEVI, Raymond Wang, emphasized the company's strategy to expand its line of industrial electric vehicles to capitalize on market opportunities and enhance shareholder value [3] - The ongoing shift toward eco-friendly industrial vehicles is accelerating, and HEVI aims to broaden its range of vehicles while simplifying the buying and ownership experience for customers [3] Technological Features - The H55L features an advanced hydraulic power system and long-lasting battery performance for uninterrupted workdays [2] - The electric motors provide powerful instant torque, maximizing productivity with minimal environmental impact [2]
HEVI Launches H55L Electric Front Wheel Loader; Newest Model Expected to Save Customers by Materially Reducing Diesel and Planned Maintenance Expenses