Greenland Tech soars on launch of its second industrial EV

Greenland Technologies Holding

19/11/2021 15:11

** EV maker Greenland Technologies Holding Corp's shares
 GTEC.O  surge 61% to $8.4 - tracking its best day in 9 months
    ** Second-highest volume mover - over 42.4 mln shares traded
vs. 46,189 their 25-DMA vols
    ** Co announces launch of second electric industrial vehicle
line, the GEL-1800 Electric Loader  urn:newsml:reuters.com:*:nPn9tmFWza
    ** GEL-1800 has both 60% less operating noise and lower
maintenance costs compared to diesel internal combustion
vehicles - co
    ** GTEC is the #3 trending co on investor-focused social
media Stocktwits.com, with message vols up 389%
    ** Stock has risen 21.6% this year, including session gains

 (Reporting by Bansari Mayur Kamdar)
 ((BansariMayur.Kamdar@thomsonreuters.com;))