# European Commission approves Hangcha-Manitou joint venture for lithium-ion batteries

The European Commission has approved the creation of a joint venture between Hangcha Group and Manitou for the manufacture of lithium-ion batteries for electric forklift trucks.

- Type: Partnership
- Announced: 2025-12-15
- Status: announced
- Products: lithium-ion batteries for electric forklift trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Manitou](https://endata.com/companies/17913.md) (partner)
- [Hangcha Group](https://endata.com/companies/18470.md) (partner)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/news/the-european-commission-has-approved-the-creation-of-a-joint-venture-between-hangcha-and-manitou-ce7d50d9d88dff2d), 2025-12-15: "The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture between Hangcha Group (China) and Manitou (France)."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.