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Electric, autonomous tech + EV demand driving mining equipment market growth

Baua Electric

Battery-powered Scooptram; image by Epiroc Rising demand for nickel, lithium, and phosphates combined with the natural benefits of electrification are driving the adoption of electric mining machines. At the same time, a persistent operator shortage is boosting demand for autonomous machines.

Market 52
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DOE to issue $47M FY17 Vehicle Technologies program-wide funding opportunity

Green Car Congress

The upcoming FOA may include the following areas of interest (AOI): Advanced Technology Battery Cell Development. Analysis suggests that cost parity between electric drive and internal combustion vehicles is possible under certain scenarios when battery pack costs fall below $125/kWh (useable energy).