Manitou and Hangcha form lithium-ion battery joint venture The joint venture aims to upgrade lead–acid battery-powered vehicles with longer lasting option By Stephanie Bontorin July 18, 2025 Manitou Group and Hangcha Group, an industrial vehicle manufacturer, have signed an agreement to create a joint venture specializing in manufacturing and distributing lithium-ion batteries. The establishment of this joint venture will be effective after the review and approval by the European competition a...