EAST WINDSOR, N.J., Oct. 1,
2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a
manufacturer of all-electric heavy equipment, today announced its
transition to a more aggressive dealer model to meet strong
customer demand for its expanded line of electric industrial
equipment.
The new dealer model will build upon HEVI's successful
Authorized Service Provider (ASP) program, and the Company's latest
product launches of two new game-changing all electric vehicles,
model H65L and model H55L front wheel loaders.
Raymond Wang, CEO of HEVI,
commented, "Simply put, we needed to make this change to a more
aggressive dealer model given the increased sales opportunities we
are seeing across the U.S. Customers have responded resoundingly
for our expanded line of electric industrial vehicle following our
increased cadence of new all electric vehicle launches, making this
the right time for the strategic shift."
"Our new dealer model will allow us focus solely on HEVI's
brand, with dealers having direct access to Original Equipment
Manufacturer ("OEM") parts. Customers will continue to enjoy our
comprehensive warranty coverage and knowledgeable support. At the
same time, we can now hold our dealers to a higher level of
accountability and service quality. When you add it together,
customers will get an even better end to end experience, and HEVI
will be even better positioned to capture the increased revenue
opportunities all around the company."
For more information on HEVI's exciting new dealer program or to
join, dealers can contact the Company using info@gethevi.com.
About HEVI Corporation
HEVI is a developer and manufacturer of sustainable heavy
machinery such as all-electric heavy construction and farm
machinery. The Company is a wholly owned subsidiary of Greenland
Technologies Holding Corporation (Nasdaq: GTEC). Information on the
Company's clean industrial heavy equipment can be found at HEVI at
HEVI Corp.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking statements." Such statements reflect HEVI's
current views with respect to future events and are subject to such
risks and uncertainties, many of which are beyond the control of
HEVI, including those set forth in the Risk Factors section of
Greenland's Annual Report on Form
10-K filed with the U.S. Securities and Exchange Commission
("SEC"). Copies are available on the SEC's website, www.sec.gov.
Words such as "expect," "estimate," "project," "budget,"
"forecast," "anticipate," "intend," "plan," "may," "will," "could,"
"should," "believes," "predicts," "potential," "continue," and
similar expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, HEVI's expectations with respect to future performance.
Should one or more of these risks or uncertainties materialize, or
should assumptions underlying the forward-looking statements prove
incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated or expected. Statements
contained in this news release regarding past trends or activities
should not be taken as a representation that such trends or
activities will continue in the future. HEVI does not intend and
does not assume any obligation to update these forward-looking
statements, other than as required by law.
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SOURCE Greenland Technologies Holding Corporation
