Construction Machines & Vehicles - Electric Vehicles

LiuGong Unveils Five New Electric Machines for European Market, Targets Top Ten Position by 2027

April 2024

Construction Machines & Vehicles - Electric Vehicles

LiuGong Unveils Five New Electric Machines for European Market, Targets Top Ten Position by 2027

April 2024

During a press event at Intermat in Paris, France, LiuGong, based in China, unveiled five new electric machines designed specifically for the European market, reinforcing its dedication to electric machinery and intelligent solutions.

The latest offerings for Europe include the 9027 FE and 922 FE excavators, along with the wheeled loaders 820 TE, 856 HE, and 870 HE. Notably, LiuGong highlighted the impressive endurance of the 856 HE, capable of operating for 10-12 hours on a single charge.

Howard Dale, chairman of LiuGong Europe, expressed ambitious goals, aiming for a position among the top ten construction equipment providers in Europe by 2027.

LiuGong boasts a diverse portfolio of electric equipment, comprising 40 different models spanning excavators, wheeled loaders, skid steer loaders, motor graders, rollers, and mining trucks.

The journey into electric equipment began for LiuGong in 2014, culminating in the launch of its inaugural generation of electric machinery in 2018.

During the conference, Chairman Zeng underscored significant cost reductions in the total ownership of electric construction equipment, citing a decrease of 50-70% over the past five years in China, with expectations for further decline in the future.

Highlighting China's dominance in the electric vehicle market, Zeng pointed out that the country leads both in production and consumption, with exports witnessing a substantial surge of 70% in 2023, reaching a staggering US$34 billion.