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

Hitachi Construction Machinery and KTEG Kiesel Technologie Entwicklung GmbH agreed to establish a new company to develop electric construction machinery and special application products for the European market.

- Type: Partnership
- Announced: 2018-12-24
- Where: Germany
- Status: announced
- Products: electric construction machinery, special application products
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [worldconstructiontoday.com](https://www.worldconstructiontoday.com/pressreleases/establishment-of-a-joint-venture-company-to-develop-electric-construction-machinery-for-european-market/), 2018-12-24: "With the establishment of this new company, the electric technology of Hitachi Construction Machinery and technical know-how of KTEG will be brought together to utilize the components of current equipment, and creating electric construction machinery that respond to the needs of customers will be ma"

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