On April 28, 2024, China Lonking joined hands with CATL, the world's leading battery manufacturer, to successfully hold the world premiere ceremony of a loader equipped with a long-life battery at the Lonking base in Longyan, Fujian. This major milestone marks another significant achievement achieved by the two parties in promoting the electrification of the loader industry since the signing of the strategic cooperation agreement in February this year.
Mr. Lai Yongjie, Executive President of CATL Commercial Vehicles, delivered an important speech at the launch ceremony. The president first highly appreciated Lonking's outstanding achievements in the field of construction machinery over the past thirty years, and emphasized that Lonking, as an important strategic partner of CATL, plays a key role in promoting technological innovation and green development in the industry.
The long-life battery system installed in the loader released this time is the culmination of CATL’s years of experience in the loader and construction machinery market. This system not only has high technological content, but also has significant competitive advantages, injecting strong green power into the field of construction machinery. Mr. Lai said that this innovative product will greatly improve the working efficiency and reliability of loaders, while reducing operating costs and environmental pollution, further consolidating CATL's leading position in the field of electrification.
As an important participant and powerful promoter of electrification of construction machinery, CATL has accumulated rich industry experience and big data resources in the field of electrification. Laizong promises that CATL will go all out to support the sustainable development of Lonking on the product and market sides, and jointly provide a powerful green engine for the electrification of construction machinery.
This cooperation not only reflects the common pursuit of technological innovation and green development between China Lonking and CATL, but also has a profound impact on the entire loader industry. The two parties will continue to work together to jointly promote the electrification process of the construction machinery industry and inject new vitality and power into the industry transformation.
As the world attaches increasing importance to environmental protection and sustainable development, the electrification of the construction machinery industry has become a general trend. The cooperation between China Lonking and CATL will effectively promote the development of this trend and make a positive contribution to the green transformation of the global construction machinery industry.
The information in this press release is derived from publicly released information and is intended to convey news information and does not constitute any investment advice. The company and product information involved in the article are based on currently available data and information and are not guaranteed to remain unchanged in the future.