Christian Okonsky, KLD's CEO, remarked, "KLD is excited to enter into a relationship with an industry leader like Cenntro. We fully anticipate that their vehicles, with KLD's electric motor systems, will be the most cost competitive highest efficiency, longest range solution on the market today."About Cenntro Group LimitedCenntro Group Limited owns a number of operations in China and the United States including Zenith Power Products, LLC ( www.zenithpp.com) and Xinchang Cenntro Machinery Co., Ltd. and is a major shareholder of Sinomachinery Group Limited, ( www.sinomachinery.com). This group of companies design, manufacture and market diesel, gasoline and liquid propane engines, transmission systems and integrated power solutions. For over fifty years they have been the leading provider in China of power systems and related components for off-road vehicles such as forklifts, tractors, harvesters, excavators and loaders, as well as in diesel generators and light-duty trucks. With strong research and development capabilities, modern manufacturing facilities and a nationwide after-sales service network, they serve approximately 400 equipment and vehicle manufacturers throughout China including Doosan, Foton Lovol, General Motors, Hangcha, Heli, Hyundai, John Deere, Kion, Komatsu, Liugong, Lonking, Mahindra, New Holland, Shantui, Tailift, TCM, Volvo, YTO Group, and Zoomlion.
KLD Energy Technologies, Inc. To Provide Motor Propulsion System For 4-wheel Electric Vehicles
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