▶ Chosen directly by readers of a trade magazine focused on material handling products and customers in North America ▶ Equipped with a high-voltage battery, delivering performance comparable to diesel forklifts ▶ Plans to launch large electric forklifts to electrify heavy-duty work sites  HD Hyundai XiteSolution is excited to announce that its new mid-size electric forklift model has won the Readers' Choice Products of the Year award from Material Handling 24/7. This electric forklift, which weighs between 4 and 9 tons, was recognized in the forklift category at the prestigious Readers' Choice Products of the Year awards ceremony organized by Material Handling 24/7. This publication is a leading source in North America focused on the logistics and material handling industry. As the top trade publication in the forklift sector, Material Handling 24/7 honors outstanding products each year across 15 categories, with winners determined through reader voting. This year’s award is based on evaluations from industry professionals, including logistics center operators, equipment buyers, and drivers, underscoring that HD Hyundai XiteSolution's new electric forklift has been recognized for its outstanding performance and reliability in real-world operating conditions. The new electric forklift features a 300V high-voltage battery and a high-efficiency permanent magnet motor, providing power and driving performance on par with internal combustion engine forklifts in the same class. Notably, it is the first high-voltage electric forklift for sale in North America to obtain Underwriters Laboratories (UL) safety certification, significantly enhancing its safety and reliability. Most competing products, including those from China, are limited to 80V-class batteries, which do not deliver sufficient power compared with internal combustion engines. Customers can choose from a range of battery capacities based on their work environment and budget, enabling broad applicability—from sites requiring high-performance operations to those prioritizing cost efficiency. Charging options include fast charging and multi-charging, enabling a single charger to power multiple units and greatly enhancing on-site usability. Launched in the second half of this year, the new mid-sized electric forklift model has already secured over 110 orders in North America and Europe, reflecting strong market demand. Song Hee-joon, CEO of HD Hyundai XiteSolution, stated, “This award recognizes the technological prowess and product excellence of our new electric forklift in advanced markets.” He added, “We will lead the electrification shift in heavy-duty work sites by launching large-capacity electric forklifts over 10 tons in the future.”