HD Hyundai XiteSolution launches electric forklifts up to 18 tons, signaling EV expansion.
Context
What happened: HD Hyundai XiteSolution launched what it calls South Korea's first 10 to 18 ton electric forklifts, now in mass production, targeting shipyards, ports and steel mills. A test-drive event was held at its Eumseong plant.
Key numbers: 18 ton largest model runs up to nine hours per charge.
Why it matters: The launch follows four to nine ton models from last year, giving the company what it says is the country's broadest electric forklift lineup. Tighter environmental regulations are raising demand for electric alternatives to diesel.