Mr. Zhao: We have a group of validation engineers in our technological team, who will specially validate if our products have reached the required technological indicators. Besides validating the products, these engineers also have to investigate the quality of the parts made in China. The products need a long time to be validated before they pass the qualification check. As for forklift motors, there are some parts that still need to be imported, while most of the domestic parts has passed the validation. The domestication of the spare parts may be up to about 90-95% with the value ratio up to nearly 80%.
Chinaforklift.com: How do you regard the development of forklift industry in China, especially the potential of electric forklifts?
Mr. Zhao: Great potential! It is sure that China has become the largest forklift market in the world. The manufacturing and sales of forklift keeps a increasing rate each year, and the export rate is also raising, which indicates the enhancement of forklift manufacturing in China. In the future, China will definitely become the world factory for the forklift industry. The end market of forklift has also been gradually mature, leaving clearer requirements on the development of forklift industry. The potential of electric forklifts on the market is in evidence to see, which is also determined by the demands of market. In the developed countries, the average ratio of electric forklifts is about 60%, but on Chinese market the rate of electric forklifts is only 20%. The gap between the two numbers has also shown that there is a considerably large space for the development of electric forklifts.
Chinaforklift.com: Thank you for receiving our interview. Hope KDS to make more contributions for AC electric forklifts in China!
Zhao Guangzhong, the President & General Manager of KDS
About KDS
Kinetek is a privately held global manufacturing company with 28 facilities in North America, Europe and Asia. It provides engineered control, motor and drive system solutions with advanced technology for world class customers.
Kinetek traces its roots to 1908 with the founding of the Imperial Electric Company. Today, Kinetek is a leader in the world economy by providing product and technology solutions that exceed the expectations of our customers. Kinetek holds market leading positions in the elevator/escalator, commercial floor care, material handling, golf and utility vehicle, commercial food equipment, aerial work platform and medical market segments.
Kinetek operating companies include Advanced Motors and Drives, Euclid Universal, FIR Group, Imperial Electric, Kinetek Controls, Kinetek De Sheng (KDS), Kinetek Jinghe (KJH), Merkle-Korff Industries, Motion Control Engineering (MCE), Scott DC Power Products, Valmark Industries, and Zhongxiu Kinetek (ZXK).
KDS provides Kinetek with a strong Asia base for the design, manufacturing and sales of products for domestic and international markets. Located in Foshan City, Guangdong province, PRC, KDS manufactures products for elevator, escalator, battery-powered vehicles, hoists and other industries.
Since its founding in 2002, KDS has strongly adhered to Kinetek's core values by supporting customers with strong technical support, competitive pricing, outstanding after-sales service, and continued responsiveness to changing market conditions. By providing cutting edge international technology, quality products and excellent service, KDS has gained trust and support from customers, provided Kinetek with a strong base in Asia, and become an influential brand in many industries.
KDS will continue to faithfully collaborate with customers for our mutual benefit, and will always strive to attain our goal of "Technology in Motion, Serving the World".
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