Greenland Technologies Holding Corp (GTEC)

[glens0]

SOCMA and Greenland Technologies Sign Co-Operation Agreement to Support U.S. Production of Electric Industrial Vehicles PR Newswire   "Press Releases US - English"

HOWELL, N.J. , Feb. 18, 2021 /PRNewswire/-- Greenland Technologies Holding Corporation (NASDAQ: GTEC) (" Greenland "), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, and Fujian South China Heavy Machinery Manufacture Co. Ltd. ("SOCMA", www.socmachinery.com), a leading company specialized in designing, manufacturing and distributing heavy industrial machinery and vehicles, today announced a co-operation agreement to utilize SOCMA's existing supply-chain and certain technologies to support Greenland's production of electric industrial vehicles in the United States . The agreement also represents a commitment by Greenland to invest in the U.S. as a key center of innovation in the global electric vehicle market.