Core Insights - HEVI Corp is transitioning to a more aggressive dealer model to meet strong customer demand for its expanded line of electric industrial equipment [1] - The new dealer model will enhance the existing Authorized Service Provider program and support the launch of two new all-electric front wheel loaders, model H65L and model H55L [1] - CEO Raymond Wang emphasized the need for this strategic shift due to increased sales opportunities and positive customer response to new product launches [1] Company Overview - HEVI is a developer and manufacturer of sustainable heavy machinery, focusing on all-electric heavy construction and farm machinery [2] - The company operates as a wholly owned subsidiary of Greenland Technologies Holding Corporation, which is listed on Nasdaq under the ticker GTEC [2] Dealer Model Details - The new dealer model will allow HEVI to focus on its brand, providing dealers with direct access to Original Equipment Manufacturer parts [1] - Customers will continue to receive comprehensive warranty coverage and knowledgeable support, enhancing the overall customer experience [1] - The model aims to hold dealers to higher standards of accountability and service quality, positioning HEVI to capture increased revenue opportunities [1]
HEVI Announces Transition to a More Aggressive Dealer Model to Meet Strong Customer Demand for its Electric Industrial Equipment