Hangcha Group Co., Ltd

Chinese forklift and warehouse-vehicle maker founded in 1956

What Hangcha does

Hangcha builds forklifts and other vehicles that lift and move goods in warehouses, factories, and ports. Its range includes electric and fuel-powered forklifts, pallet trucks, stackers, aerial work platforms, and self-driving warehouse robots. It sells them in China and overseas.

How Hangcha makes money

It makes most of its money selling forklifts and other material-handling vehicles. It also earns recurring income from spare parts, accessories, repairs, vehicle modification, and leasing forklifts and handling robots.

Products & services

• Lithium-battery electric forklifts
• Internal combustion (IC) forklifts
• Pallet trucks and stackers
• Reach trucks and very narrow aisle trucks
• AGVs and AMRs (autonomous handling robots)
• Aerial work platforms