STOCK TITAN

HEVI Announces Transition to a More Aggressive Dealer Model to Meet Strong Customer Demand for its Electric Industrial Equipment

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

HEVI Corp., a manufacturer of all-electric heavy equipment, has announced a transition to a more aggressive dealer model to meet strong customer demand for its expanded line of electric industrial equipment. This new model builds upon HEVI's successful Authorized Service Provider (ASP) program and follows the launch of two new all-electric front wheel loaders, models H65L and H55L.

CEO Raymond Wang stated that the change was necessary due to increased sales opportunities across the U.S. The new dealer model will allow HEVI to focus solely on its brand, with dealers having direct access to Original Equipment Manufacturer (OEM) parts. Customers will continue to receive comprehensive warranty coverage and knowledgeable support, while HEVI can hold dealers to a higher level of accountability and service quality.

This strategic shift aims to provide customers with an improved end-to-end experience and position HEVI to better capture increased revenue opportunities.

HEVI Corp., un produttore di attrezzature pesanti completamente elettriche, ha annunciato una transizione verso un modello di concessionario più aggressivo per soddisfare la forte domanda dei clienti per la sua gamma ampliata di attrezzature industriali elettriche. Questo nuovo modello si basa sul programma di Provider di Servizio Autorizzato (ASP) di HEVI e segue il lancio di due nuovi caricabatterie frontali completamente elettrici, i modelli H65L e H55L.

Il CEO Raymond Wang ha dichiarato che il cambiamento era necessario a causa delle crescenti opportunità di vendita negli Stati Uniti. Il nuovo modello di concessionario permetterà a HEVI di concentrarsi esclusivamente sul suo marchio, con i concessionari che avranno accesso diretto ai pezzi di Ricambio Originale del Produttore (OEM). I clienti continueranno a ricevere una copertura di garanzia completa e supporto esperto, mentre HEVI potrà mantenere i concessionari a un livello più elevato di responsabilità e qualità del servizio.

Questo cambiamento strategico mira a fornire ai clienti un'esperienza complessiva migliorata e a posizionare HEVI per catturare meglio le opportunità di guadagno aumentate.

HEVI Corp., un fabricante de maquinaria pesada totalmente eléctrica, ha anunciado una transición hacia un modelo de concesionario más agresivo para satisfacer la fuerte demanda de los clientes por su ampliada línea de equipos industriales eléctricos. Este nuevo modelo se basa en el exitoso programa de Proveedor de Servicio Autorizado (ASP) de HEVI y sigue el lanzamiento de dos nuevas cargadoras frontales completamente eléctricas, los modelos H65L y H55L.

El CEO Raymond Wang afirmó que el cambio era necesario debido a las crecientes oportunidades de ventas en los Estados Unidos. El nuevo modelo de concesionario permitirá a HEVI centrarse exclusivamente en su marca, con los concesionarios teniendo acceso directo a piezas de Fabricante de Equipos Originales (OEM). Los clientes continuarán recibiendo una cobertura de garantía integral y soporte experto, mientras HEVI podrá exigir a los concesionarios un mayor nivel de responsabilidad y calidad de servicio.

Este cambio estratégico tiene como objetivo proporcionar a los clientes una experiencia de extremo a extremo mejorada y posicionar a HEVI para capturar mejor las oportunidades de ingresos aumentadas.

HEVI Corp.는 전기 산업 장비의 확장된 라인에 대한 고객의 높은 수요를 충족하기 위해 보다 공격적인 딜러 모델로 전환한다고 발표했습니다. 이 새로운 모델은 HEVI의 성공적인 인증 서비스 제공자(ASP) 프로그램을 기반으로 하고 있으며, 새로운 완전 전기 전륜 로더인 H65L 모델과 H55L 모델의 출시를 따릅니다.

CEO 레이먼드 왕은 이 변화가 미국 전역에서 증가하는 판매 기회로 인해 필요하다고 밝혔습니다. 새로운 딜러 모델은 HEVI가 브랜드에만 집중할 수 있도록 하며, 딜러는 원래 장비 제조업체(OEM) 부품에 직접 접근할 수 있습니다. 고객은 계속해서 포괄적인 보증 범위와 지식 있는 지원을 받을 수 있으며, HEVI는 딜러에게 더 높은 책임 수준과 서비스 품질을 요구할 수 있습니다.

이 전략적 전환은 고객에게 향상된 종단 간 경험을 제공하고 HEVI가 증가된 수익 기회를 더 잘 포착할 수 있도록 하는 것을 목표로 하고 있습니다.

HEVI Corp., un fabricant d'équipements lourds entièrement électriques, a annoncé un passage à un modèle de distribution plus agressif pour répondre à une forte demande des clients pour sa gamme élargie d'équipements industriels électriques. Ce nouveau modèle s'appuie sur le programme de Fournisseur de Service Autorisé (ASP) de HEVI et fait suite au lancement de deux nouvelles chargeuses frontales entièrement électriques, les modèles H65L et H55L.

Le PDG Raymond Wang a déclaré que ce changement était nécessaire en raison de l'augmentation des opportunités de vente aux États-Unis. Le nouveau modèle de distributeur permettra à HEVI de se concentrer uniquement sur sa marque, les distributeurs ayant un accès direct aux pièces de Fabricant d'Équipements d'Origine (OEM). Les clients continueront de bénéficier d'une couverture de garantie complète et d'un support compétent, tandis que HEVI pourra exiger des distributeurs un niveau de responsabilité et de qualité de service plus élevé.

Ce changement stratégique vise à offrir aux clients une expérience complète améliorée et à positionner HEVI pour mieux saisir les opportunités de revenus croissantes.

HEVI Corp., ein Hersteller von vollelektrischen schweren Geräten, hat einen Wechsel zu einem aggressiveren Händlermodell angekündigt, um der starken Kundennachfrage nach seiner erweiterten Produktlinie elektrischer Industriegeräte gerecht zu werden. Dieses neue Modell basiert auf dem erfolgreichen Programm der autorisierten Servicepartner (ASP) von HEVI und folgt der Einführung von zwei neuen vollelektrischen Radladern, den Modellen H65L und H55L.

CEO Raymond Wang erklärte, dass die Änderung aufgrund der gestiegenen Verkaufschancen in den USA notwendig sei. Das neue Händlermodell wird es HEVI ermöglichen, sich ausschließlich auf seine Marke zu konzentrieren, wobei die Händler direkten Zugang zu Originalgerätehersteller (OEM)-Teilen haben. Kunden werden weiterhin umfassende Garantieabdeckung und fachkundige Unterstützung erhalten, während HEVI die Händler zu einem höheren Maß an Verantwortung und Servicequalität verpflichten kann.

Dieser strategische Wandel zielt darauf ab, den Kunden ein verbessertes durchgängiges Erlebnis zu bieten und HEVI besser zu positionieren, um erhöhte Umsatzchancen besser zu nutzen.

Positive
  • Transition to a more aggressive dealer model to meet strong customer demand
  • Launch of two new all-electric front wheel loaders (H65L and H55L)
  • Increased sales opportunities across the U.S.
  • Direct dealer access to OEM parts
  • Potential for improved customer experience and increased revenue capture
Negative
  • None.

EAST WINDSOR, N.J., Oct. 1, 2024 /PRNewswire/ -- HEVI Corp. ("HEVI" or the "Company"), a manufacturer of all-electric heavy equipment, today announced its transition to a more aggressive dealer model to meet strong customer demand for its expanded line of electric industrial equipment.

The new dealer model will build upon HEVI's successful Authorized Service Provider (ASP) program, and the Company's latest product launches of two new game-changing all electric vehicles, model H65L and model H55L front wheel loaders.

Raymond Wang, CEO of HEVI, commented, "Simply put, we needed to make this change to a more aggressive dealer model given the increased sales opportunities we are seeing across the U.S. Customers have responded resoundingly for our expanded line of electric industrial vehicle following our increased cadence of new all electric vehicle launches, making this the right time for the strategic shift."

"Our new dealer model will allow us focus solely on HEVI's brand, with dealers having direct access to Original Equipment Manufacturer ("OEM") parts. Customers will continue to enjoy our comprehensive warranty coverage and knowledgeable support. At the same time, we can now hold our dealers to a higher level of accountability and service quality. When you add it together, customers will get an even better end to end experience, and HEVI will be even better positioned to capture the increased revenue opportunities all around the company."

For more information on HEVI's exciting new dealer program or to join, dealers can contact the Company using info@gethevi.com.

About HEVI Corporation

HEVI is a developer and manufacturer of sustainable heavy machinery such as all-electric heavy construction and farm machinery. The Company is a wholly owned subsidiary of Greenland Technologies Holding Corporation (Nasdaq: GTEC). Information on the Company's clean industrial heavy equipment can be found at HEVI at HEVI Corp

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking statements." Such statements reflect HEVI's current views with respect to future events and are subject to such risks and uncertainties, many of which are beyond the control of HEVI, including those set forth in the Risk Factors section of Greenland's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, HEVI's expectations with respect to future performance. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. HEVI does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hevi-announces-transition-to-a-more-aggressive-dealer-model-to-meet-strong-customer-demand-for-its-electric-industrial-equipment-302263418.html

SOURCE Greenland Technologies Holding Corporation

FAQ

What new dealer model has HEVI announced for its electric industrial equipment?

HEVI has announced a transition to a more aggressive dealer model to meet strong customer demand for its expanded line of electric industrial equipment. This new model builds upon HEVI's successful Authorized Service Provider (ASP) program.

What new electric vehicle models has HEVI recently launched?

HEVI has recently launched two new all-electric front wheel loaders: model H65L and model H55L.

How will the new dealer model benefit HEVI customers?

The new dealer model will provide customers with an improved end-to-end experience, including continued comprehensive warranty coverage and knowledgeable support. Dealers will have direct access to OEM parts, and HEVI will hold them to a higher level of accountability and service quality.

Why did HEVI decide to change its dealer model?

HEVI decided to change to a more aggressive dealer model due to increased sales opportunities across the U.S. and strong customer demand for their expanded line of electric industrial vehicles.

Greenland Technologies Holding Corporation Ordinary Shares

NASDAQ:GTEC

GTEC Rankings

GTEC Latest News

GTEC Stock Data

23.93M
7.18M
47.18%
11.32%
1.21%
Specialty Industrial Machinery
General Industrial Machinery & Equipment
Link
United States of America
EAST WINDSOR