chinadaily.com.cn

Hitachi Elevator expands renovation business to 300+ cities in China

Hitachi logoHitachi
Sig3.25Sen+4.57Env+0.50Soc+1.45Gov+0.27

Hitachi Elevator (China) has expanded its elevator renovation business to more than 300 cities, completing over 18,000 renovation projects. Since 2024, China’s urban renewal plans and equipment updates have pushed old elevator replacements, supported by over 30.9 billion yuan in special government bonds for 197,000 residential units. The firm also highlights 5G and autonomous unmanned towing plus humanoid robot testing to improve smart logistics in its factory.

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