# Heli Industrial Vehicles starts construction of new energy forklift line in Panjin

Heli Industrial Vehicles (Panjin) Co., Ltd. began construction of a new energy forklift production line in January 2021 with a total investment of 45 million yuan. The line is expected to reach mass production by December 2023 with a capacity of 5,000 units per year by 2025.

- Type: Expansion
- Announced: 2021-01-01
- Where: Panjin, Liaoning, China
- Value: $6.90M (45.0M CNY)
- Starts operating: Dec 2023
- Status: under construction
- Capacity: 5000 units per year
- Products: new energy forklifts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Heli Industrial Vehicles (Panjin) Co., Ltd.](https://endata.com/companies/54412.md)

## Sources

- [ldwxq.panjin.gov.cn](https://ldwxq.panjin.gov.cn/2021_04/13_08/content-317329.html), 2021-04-13: "合力工业车辆（盘锦）有限责任公司新能源叉车生产线正在有序施工"

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