Eternity Technologies signs MoU with Heli Forklifts
RAK-based manufacturer to supply batteries for Heli Forklifts from China
Ras Al Khaimah-based battery manufacturer Eternity Technologies has signed a Memorandum of Understanding (MoU) with Hala Heavy Equipment Trading, the UAE distributor of Heli Forklifts.
Eternity Technologies will provide batteries for Heli Forklifts sold in the UAE. The lift trucks are manufactured in China. Heli’s product range includes internal combustion forklifts and electric forklifts along with other products such as electric warehouse trucks, loaders, tractors, empty container handlers, and reach stackers.
The forklifts will be shipped from China to the UAE when an order is placed, and upon arrival will be fitted with the locally manufactured batteries, said Iftekhar Ahmed, General Manager Sales for the UAE and GCC at Al Dobowi Group, which owns Eternity Technologies.
“Eternity Technologies provides professional after sales services related to batteries so that all Heli clients shall receive 24 hour services with optional AMC contracts,” Ahmed said.
The MoU will cover electric forklifts, to be used indoors in warehouses, Ahmed noted. The agreement extends to one year, and both companies will mutually agree on future years, he added.
Eternity Technologies produces lead-acid batteries for the motive power market in its manufacturing facility in RAK, opened in 2011. The company is owned by UAE-based Al Dobowi Group, which also deals in tyre management, lubricants, conveyor belt systems and technical rubber products.
85% of Eternity Technologies’ products are exported to Europe, with Germany currently being the biggest market for its products in Europe, said Ahmed.
“We’re really proud that a product manufactured in UAE is marketed throughout the world,” he said.
Despite its international presence, the GCC remains a “very important” market for the firm, Ahmed added. It is actively working on expanding its regional presence, focusing on Saudi Arabia as a target market.