Greenland Technologies Announced EV Pre-Booking Service

Customers Can Reserve an Industrial EV with a $250 Refundable Deposit Deliveries Expected to Start in Q3 2021

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EAST WINDSOR – Greenland Technologies Holding Corporation (NASDAQ: GTEC) (“Greenland”), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, announced the launch of an online EV pre-booking service for its new GEL-1800 1.8 ton Electric Loader and its GEX-8000 Electric Excavator. The Company expects to start deliveries in August 2021, ahead of schedule. Customers can learn more and pre-book with a $250 refundable deposit at www.greenlandmachinery.com/shop.

Raymond Wang, CEO of Greenland, commented, “We are very excited as initial interest in our new industrial electric vehicles is very strong. We expect interest in the market will continue to grow, as we continue to introduce new EVs and further raise awareness. We expect these to be truly disruptive launches given there are no alternative industrial EVs on the market. Opening pre-booking will allow customers to add Greenland into their current budget cycle, while giving us added visibility as we ramp production.”

Greenland’s GEL 1800 Electric Loader has a loading capacity of approximately 1,800 kg (approximately 3,969 lbs) and is equipped with a powerful 144 kWh lithium battery. The Company designed the GEL 1800 Electric Loader to be used in a wide range of applications, including construction, mining, farming, industrial and more.

Greenland’s GEX-Electric Excavator 8 ton electric excavator has the power to get the job done without the pollution generated by traditional internal combustion engines. With no carbon emissions generated through operation the GEX-8000 is a safer option for the workplace, operators and the local community.

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