SOCMA and Greenland Technologies Sign Co-Operation Agreement to Support U.S. Production of Electric Industrial Vehicles
GTEC yesterday announced a co-operation agreement to utilize SOCMA's existing supply-chain and certain technologies.
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.
Under the agreement, both parties intend to establish a strategic partnership to fully cooperate on technology sharing and supply chain management for the production of electric industrial vehicles in the U.S.