RTTNews | Nov 19, 2021 09:54AM EST

09:54 Friday, November 19, 2021 (RTTNews.com) - Shares of Greenland Technologies Holding Corporation (GTEC) are surging more than 55% in the morning trade on Friday after the electric industrial vehicles and drivetrain systems maker launched its second electric industrial vehicle line, the GEL-1800 Electric Loader.

"Our new GEL-1800 arrived the first week of November, marking another major step for us as we successfully launch our second electric industrial vehicle line and work to accelerate the Company's sales," said Raymond Wang, CEO of Greenland

GTEC, currently at $8.07 has traded in the range of $4.50- $26.42 in the past 52 weeks.

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