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Greenland Technologies Holding Corporation

Greenland's HEVI Corp Wins New York Approval for Electric Loaders

Hangzhou – September 11, 2026 -- HEVI Corp., a wholly owned subsidiary of Greenland Technologies Holding Corporation (NASDAQ: GTEC), has secured approval from the New York Vehicle Inspection Program (NYVIP) for two of its heavy electric industrial vehicles, opening access to state purchase incentives.

New York adds two HEVI loaders to its eligible equipment list

The H55L, a 5-ton electric loader, and the H65L, a 6.5-ton electric loader, are now listed under NYVIP's incentive-eligible equipment. Buyers who replace old equipment with these units can claim 35% of the base equipment cost, plus up to a $100,000 Disadvantaged Communities (DAC) bonus per unit.