# Hitachi Construction Machinery and KTEG form joint venture for electric construction machinery

Hitachi Construction Machinery Co., Ltd. announced an agreement with KTEG Kiesel Technologie Entwicklung GmbH to establish a new joint venture company for developing electric construction machinery for the European market. The agreement was announced on October 1, 2018.

- Type: Partnership
- Announced: 2018-10-01
- Status: announced
- Products: electric construction machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (partner)
- [KTEG Kiesel Technologie Entwicklung GmbH](https://endata.com/companies/34629.md) (partner)

## Sources

- [hitachicm.com](https://www.hitachicm.com/global/en/news/press-releases/2018/18-10-01/), 2018-09-30: "Hitachi Construction Machinery Co., Ltd. today announced it has formed an agreement with KTEG Kiesel Technologie Entwicklung GmbH to establish a new company for developing electric construction machinery and the special application products for further expansion of the European market."

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