SOLAR+STORAGE

Greenland Launches New HEVI Equipment Brand

Greenland Technologies Holding Corporation | May 13, 2022

Green_vehicle_News.jpg
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, today announced the launch of HEVI Equipment, its new clean industrial heavy equipment brand. HEVI Equipment will serve as a rebranding of the Company's Greenland Machinery division that produces all electric industrial sized front loaders, excavators and other equipment. The Company's focused strategy is symbolized in the iconic American bison logo, which exemplifies a healthy, green environment, strength, durability and graceful power. Customers can find more information at www.gethevi.com.

The American bison has a message of duality. On one hand it serves to show the strength, power, and ruggedness that a bison possess that our vehicles also demonstrate. While on the other hand, the American bison is a living example that through endurance, perseverance, and the drive towards a more sustainable environment, we can begin to right our wrongs and start taking the steps towards a cleaner tomorrow. The American Bison was nearly driven to extinction in the 19th century from human interference and over hunting. After realizing the near extinction of the species, Americans began to take concerted efforts to preserve the species, which is why today, the American bison is once again roaming the plains freely.

"This is another important step in our company's evolution. We reached a critical juncture having launched our initial electric industrial equipment models. With the rebranding of our Greenland Machinery division as our HEVI Equipment division, we believe we will gain a further advantage in the market. We are drawing on our Company's highly successful history and leveraging our expertise in the industrial market to accelerate growth in the rapidly evolving industrial electric vehicle market."

- Raymond Wang, CEO of Greenland

About Greenland Technologies Holding Corporation
Greenland 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. Information on the Company's clean industrial heavy equipment division can be found at HEVI Equipment, its new clean industrial heavy equipment division.

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Check out this fun video from San Jose State University students as they take a ride in their Solar Quadricycle Vehicle. This zero-emissions 4-wheel bicycle was the group's senior project and is powered by a SunPower panel designed to haul passengers and cargo.


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STRATEGY AND BEST PRACTICES

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