Hangcha halts lead acid in North America

News Story
- 27 Apr 2023 ( #1125 ) - Charlotte, NC, United States
1 min read
Hangcha is pushing forward with lithium ion and fuel cells
Hangcha is pushing forward with lithium ion and fuel cells

HC Forklift America Corporation (HCFA), a wholly owned subsidiary of Hangcha Group, will discontinue its lead acid-powered product line. 

As part of its New Energy initiative, HC Forklift America will focus on promoting its lithium ion- and fuel cell-powered equipment in the materials handling industry. 

The initiative will not, however, affect the Chinese manufacturer’s line of IC-powered equipment. “Instead, our line of new energy-powered equipment is meant to provide an alternative to IC-powered equipment for customers looking to go green,” the company says in a statement.

“Although we are discontinuing lead acid-powered equipment, HC Forklift America Corporation is still committed to providing our existing lead acid-powered forklift customers with comprehensive service, aftermarket support, and a 10-year cycle with the parts supply,” it adds.

“We’re going green,” says Frank Russo, vice president of sales and dealer development. “Let’s embrace the change and enjoy the benefits from this new technology. It’s our tomorrow, today.”

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Inside The News
In this week’s Forkliftaction News , we look at more financial reports with one major producer recording a “significant” decline in Q2 bookings to report an operating loss of USD8.5 million, while another had a strong quarter “despite increased trade tensions and a challenging geopolitical landscape”... Continue reading

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