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ZF Friedrichshafen AG plans a joint venture with Chinese forklift producer Anhui Heli Co., Ltd., named ZF-Heli Drivetech. ZF will hold 51% ownership and produce transmissions and axles for forklifts at a factory in Hangzhou, China.
“With Heli, we have found a partner with an outstanding level of expertise in forklift trucks.”electrive.com
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