Photo: KLD Energy Technologies
Two companies have announced their intention to create multiple-use electric vehicles - KLD Energy Technologies, which usually develops high-performance electric motor technology, and Cenntro Group Limited, a developer of powertrains which run on biofuels or LPG.
They are aiming for the industrial, agricultural, transportation and construction equipment fields, where they plan to enter and be successful, with a number of fully-electric vehicles, such as a UEV (Utility Electric Vehicle), which is all-terrain work and maintenance vehicle, a NEV (Neighborhood Electric Vehicle) or even a small delivery vehicle strictly for city use.
They plan to sell these new vehicles in China, the US and Europe, yet with the relentless expansion of the Chinese economy, which grows along with people’s needs, expect them to mainly focus on it as their main market - Cenntro Group Limited already has a foothold in the country, through Xinchang Cenntro Machinery Co. Ltd, as well as being a major shareholder in Sinomachinery Group Ltd.
Story via greencarcongress.com
They plan to sell these new vehicles in China, the US and Europe, yet with the relentless expansion of the Chinese economy, which grows along with people’s needs, expect them to mainly focus on it as their main market - Cenntro Group Limited already has a foothold in the country, through Xinchang Cenntro Machinery Co. Ltd, as well as being a major shareholder in Sinomachinery Group Ltd.
Story via greencarcongress.com
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