HD Hyundai XiteSolution said it has received an order for 230 electric forklifts from Empresas Polar in Venezuela. The order includes a total of 230 units—178 2-ton class electric forklifts and 52 electric forklifts in the 3-ton and 4.5-ton classes—which will be supplied by January 2026. The contract is valued at over 10 billion won.
The company said the achievement is due to its early recognition of the growing demand for electrification in the region. Also, HD Hyundai XiteSolution plans to participate in upcoming bids from the Empresas Polar.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.