HANGCHA Unveils AI Forklifts, Outlines 2030 Expansion Plans
12 Nov 2026 CW Team
HANGCHA Group unveiled its LINGTRA AI-Fork robots and outlined its expansion strategy through 2030 at its fourth Global Dealers Conference in Hangzhou, China. The event, marking the company's 70th anniversary, brought together approximately 500 dealers from more than 100 countries and regions under the theme 'Move Smarter, Go Further'.
The company highlighted its growth in industrial vehicles and intelligent material handling solutions. Annual forklift sales increased from 138,000 units in 2019 to 334,000 units in 2025, while revenue nearly doubled from RMB 8.9 billion to RMB 17.7 billion. Overseas markets accounted for 43.4 per cent of total revenue in 2025.
Since manufacturing its first forklift in 1974, HANGCHA has produced and sold more than 2.8 million industrial vehicles worldwide, supported by its expanding international dealer network.
A major highlight of the conference was the introduction of five LINGTRA AI-Fork robot models, powered by HANGCHA's LogiMind industrial embodied artificial intelligence platform. The autonomous forklifts are designed to interpret their surroundings, understand operational tasks, plan movements and respond to changing conditions within industrial environments.
During a live factory demonstration, an autonomous forklift loaded 14 pallets onto a truck in approximately 20 minutes, demonstrating the potential of AI-powered material handling technology to improve warehouse productivity and operational efficiency.
The company also introduced a new range of electric counterbalance forklifts and two X Series reach trucks, expanding its portfolio of electric and intelligent material handling equipment. Dealers explored these innovations at the 12,000-sq-m HANGCHA Carnival exhibition, spread across four halls, following visits to the company's smart manufacturing facilities.
HANGCHA Group Deputy General Manager Li Yuansong acknowledged the contribution of the company's global dealer network to its international expansion.
""Great products open the door, but great service wins the game,"" said Li Yuansong.
He emphasised the company's commitment to strengthening spare parts availability, local technical support and workforce training to improve customer service across international markets.
Looking ahead, HANGCHA plans to raise more than RMB 2 billion to establish a smart manufacturing facility dedicated to intelligent forklifts and reach trucks. The proposed factory is expected to commence operations in 2030, supporting the company's expansion in automation, electrification and advanced industrial vehicle manufacturing.
HANGCHA Group Chairman Limin Zhao highlighted the company's transition towards becoming a technology-driven enterprise, with continued investments in new-energy forklifts, autonomous equipment and intelligent logistics solutions.
The company aims to strengthen its core industrial vehicle business while accelerating the development of greener equipment and automated material handling technologies. Through manufacturing investments and international partnerships, HANGCHA is positioning itself to meet growing global demand for efficient, intelligent and sustainable logistics equipment.