Chinese electric engineering equipment popular overseas

Guangxi LiuGong Machinery Co., Ltd. displays a set of engineering equipment powered by new energy. (Photo/Wei Guozheng)

Chinese machinery manufacturer Guangxi LiuGong Machinery Co., Ltd. (LiuGong) held its Global Customer Day on May 29. More than 800 customers from China, South Africa, Russia, Indonesia and other countries participated in the event.

During the activity, LiuGong showcased its star products, including its energy-saving and efficient electric excavators and loaders. Some of the equipment have realized intelligent operations and dispatching, as well as data visualization, winning great acclaim from customers for their outstanding performance.

"Compared with other international engineering machinery brands, Chinese engineering equipment is cost-effective, and can help promote safety and efficiency in engineering," said Allie Oosthuizen from ASB Minerals in South Africa.

ASB Minerals purchased many excavators and loaders from LiuGong, Oosthuizen said, expressing his high expectations for the company's new energy engineering machinery.

Ajmer, a salesperson from LiuGong, said that previously, many clients preferred to buy products from globally renowned manufacturers. Today, LiuGong's electric machinery products are gradually gaining recognition from overseas customers. Ajmer said he sells nearly 100 electric forklift products to the Middle East every year.

Chinese engineering machinery manufacturers are stepping up efforts to develop new energy products, which are expected to gain popularity in the global market.

China's leading heavy-equipment manufacturer Sany Heavy Industry Co., Ltd. has comprehensively promoted vehicle electrification. In 2022, the company's sales of electric engineering equipment exceeded 2.7 billion yuan (about $380 million), and saw rapid growth in its overseas sales.

Experts estimated that the global electric loader market is expected to approach 30 billion yuan and the global electric excavator market is expected to near 75.6 billion yuan by 2025.