Caterpillar Inc Heavy Equipment CSR by GineersNow Engineering GineersNow Engineering Magazine November 2016 | Page 28

Photo by komatsu $30 BILLION MARKET FOR CONSTRUCTION ELECTRIC VEHICLES Electric vehicles for construction, agriculture and mining will be a $30 billion market in 2025. Komatsu, John Deere, Caterpillar, and others manufacture the big vehicles - mainly hybrid - while other manufacturers offer smaller, pure-electric versions. Pure electric is a legal requirement indoors. Outdoors, fuel saving and better performance attracts. Cranes and man lifters have many applications. Their production volumes are larger 28 NOVEMBER 2016 Mining Engineering and Its Importance than most people realise. So it is with the electric versions set for 253,000 to be sold in 2025. This is an industry about to change radically. For example, in mining, over 90% of the world's mines are open cast. They are often in remote places up to 4000 meters above sea level, where shipping diesel can cost more than buying it. Consequently, there is now a move to have 350 kW giant haul trucks working the floor and separately the top of the mine with electric rail-veyors lifting the ore from bottom to top. In an all-electric solution new pollution laws can be met, image improved and money saved, the electricity coming from the mine's own wind turbines and photovoltaics. Battery swapping and fast charging of those batteries means 350 kWh batteries suffice - big but no larger than those in other EV sectors.