The 137th China Import and Export Fair (Canton Fair) kicked off on April 15 in Guangzhou, where TEU , a leading player in the industrial vehicle sector, impressed visitors with a diverse range of products. TEU displayed four forklift models and two types of warehouse vehicles, showcasing its achievements in electrification technology and its expanding global footprint. With a steady increase in export share and sales, TEU’s focus on high-performance lithium battery products has further strengthened its competitive position in overseas markets.
Electrification Shift Fuels Export Growth
TEU has experienced impressive growth, particularly in the lithium battery forklift sector. The company’s sales of electric forklifts have increased from 30% to nearly 50%, signaling a successful transition from traditional internal combustion power to new energy solutions. At this year’s Canton Fair, TEU presented its 3-ton high-performance lithium battery forklift and 3-ton economic lithium battery forklift, designed to address a wide range of logistics needs—from high-end applications to small and medium-sized warehouse operations.
A TEU representative shared, “As global markets implement stricter environmental regulations for traditional internal combustion engines, and with China’s leading technological advancements in the new energy sector, demand for domestic new energy products has surged. TEU’s early product planning has helped us steadily increase our export business, with significant growth seen in Europe, Africa, Central and North America, and South America.”
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Comprehensive Lithium Battery Product Range
One of the main highlights at the fair was TEU’s 3-ton high-performance lithium battery forklift, equipped with an integrated, multifunctional electric drive system. This forklift, using a high-capacity branded lithium battery, offers zero emissions, low noise, and high efficiency, making it suitable for various working conditions. Additionally, TEU showcased its 3-ton economic lithium battery forklift, designed to meet the needs of small and medium-sized enterprises, offering a cost-effective solution for standard warehouse operations.
In addition to its electric offerings, TEU also featured its traditional internal combustion engine products, such as the 3.5-ton four-wheel-drive off-road forklift (powered by a Yanmar 4TNE98 engine) and the 2.5-ton diesel forklift (with a Kubota V2403 engine). These models demonstrate TEU’s ability to meet diverse customer needs, ensuring the company maintains a strong presence in both the new energy and traditional markets.
Rough terrian forklift
Warehouse Vehicles: Compact and Intelligent Designs
In the warehouse vehicle segment, TEU introduced its 1.5-ton lithium battery “Little King Kong” and 1.5-ton economic electric stacker. Both products feature compact, flexible designs, making them ideal for high-frequency handling tasks in e-commerce and retail scenarios. These electric models further enhance TEU’s product lineup, positioning the company as a strong contender in the warehouse equipment market.
TW15JB Electric Stacker
A Dual-Line Approach for Stronger Market Presence
TEU’s dual-line strategy—offering both fuel-powered and lithium battery forklifts—strengthens its position in traditional markets while simultaneously tapping into the growing electric vehicle sector. The synergy between the company’s technological advancements and its global expansion strategy provides a development model that could serve as a blueprint for other industries.
As the new energy market continues to grow, TEU’s focus on electrification, coupled with its global market presence, positions the company for even greater success in the future.
The Future
With a clear focus on sustainability and energy efficiency, TEU is well-positioned for continued growth in international markets. As the demand for new energy products rises, TEU’s continued investment in electrification technology and product innovation will likely propel the company to new heights. With an expanding global footprint and a strong product portfolio, TEU’s future in the industrial vehicle sector looks promising.