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Manitou Group and Hangcha Group, an industrial vehicle manufacturer, have signed an agreement to create a joint venture specializing in manufacturing and distributing lithium-ion batteries. The establishment of this joint venture will be effective after the review and approval by the European competition authorities.
Advancing battery-powered vehicle capabilities …
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Manitou and Hangcha form lithium-ion battery joint venture
Manitou Group and Hangcha Group, an industrial vehicle manufacturer, have signed an agreement to create a joint venture specializing in manufacturing and distributing lithium-ion batteries. The establishment of this joint venture will be effective after the review and approval by the European competition authorities. Advancing battery-powered vehicle capabilities …