IDTechEx Finds Electric Haul Trucks to Become a US$15 Billion Industry
The ramp-up in interest from OEMs in electric haul trucks can be attributed to the rising demand from mining companies.
- The ramp-up in interest from OEMs in electric haul trucks can be attributed to the rising demand from mining companies.
- However, IDTechEx expects electric haul trucks will need an additional five battery replacements per vehicle on average, costing an extra US$2.6 million.
- Electric haul trucks are cheaper to operate, more productive, and far more environmentally friendly, making them the clear winner for the future of the mining industry.
- It finds that electric haul trucks are on the cusp of significant growth, predicted to be a US$15 billion industry by 2044.