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Balqon Expands Heavy-Duty Electric Truck Distribution into Argentina

Balqon Corporation, an emerging developer and manufacturer of heavy-duty electric vehicles for Class 7 and Class 8 applications (earlier post), has entered into a Dealer Agreement with Autoelevadores Yale, a leading distributor of material handling equipment and electric vehicles in Argentina.

Under the terms of the Dealer Agreement, Balqon Corporation has assigned Autoelevadores Yale as an authorized Balqon Dealer for heavy-duty electric vehicles and parts and service in Argentina.

...we believe that our presence in South America will allow us to jointly explore other opportunities for our proprietary heavy-duty electric traction drive systems and our lithium-ion battery management systems within transportation markets through joint ventures with regional original equipment manufacturers throughout South America.

—Balwinder Samra, President and CEO of Balqon Corporation

Autoelevadores Yale, a division of Yale, is a provider of a full line of Lift Trucks (Forklifts), including electric, gas, LP-gas and diesel-powered lift trucks; narrow aisle, very narrow aisle and motorized hand trucks.

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