Greenland Technologies Holding Corporation focuses on developing and manufacturing electric industrial vehicles and drive train systems that improve efficiency and reduce emissions. Its goal is to provide high-quality and sustainable solutions for the material handling industry, addressing the need for cleaner and more efficient operations. Greenland has emerged as the winner in a bid from Maryland'sPort of Baltimore, potentially positioning itself as a key player participating in the global shift towards electrification.

The company will be instrumental in Port of Baltimore's plan to electrify its port equipment. A significant component of this plan involves the integration of Greenland's cutting-edge GEL-5000 all-electric front loader. Maryland'sPort of Baltimore is a vital economic hub that generates 15,300 direct jobs and 140,000 indirect jobs, contributing substantially to the local economy.

With the port's prominent position in various sectors, such as auto and light truck volume, farm and construction machinery, and imported gypsum, the decision to adopt electric vehicles marks a significant step in the global economy's transition towards more sustainable practices. The initiative is not only expected to enhance the port's environmental footprint but also generate economic benefits, as it is estimated to bring in billions of dollars in personal wages, business revenue and state and local tax revenue annually. At the heart of this electrification effort is the GEL-5000, Greenland's 5.0-ton rated load all-electric front loader.

With robust power capabilities, an operating weight of approximately 40,000 pounds, and increased payload options, the GEL-5000 offers a clean and green alternative for handling materials. Its 9 hours of operation time per charge make it a highly efficient solution for both indoor and outdoor applications.