Swedish Mining Equipment Manufacturer Will Be 100% Electric In 5 Years

Swedish Mining Equipment Manufacturer Will Be 100% Electric In 5 Years

After logging 60,000 hours on its first generation electric vehicles, Swedish mining equipment manufacturer Epiroc launched its second generation of electric mining vehicles this month alongside news that it would be electrifying its entire lineup in the next 5 years.

Removing that diesel exhaust from the mines will help operators to slash ventilation budgets, where as much as 40% of an underground mine’s energy budget goes, according to TT News. As ventilation systems are typically installed alongside major expansions, electric vehicles will not be able to save operators of existing mines as much money, so the primary target for the new vehicles is new mines.

The new electrified variants will tip the scales at nearly double the price of existing options, but the price gap is recouped through lower operational expenses on fuel and energy as well as the potential to save on capital expenses up front by scaling down the size of the ventilation system.

To help customers get over the hump of the initial purchase, Epiroc will allow customers to lease the batteries of the new vehicles separately. This splits them out from the initial capital purchase and rolls the cost right into the monthly expense line item allocated for fuel. Assuming they can make these two numbers tie, the lease option could allow mine operators to upgrade to electric vehicles without nary a blip on the financial radar.

See https://cleantechnica.com/2018/11/20/swedish-mining-equipment-manufacturer-will-be-100-electric-in-5-years/

#mining #diesel


Swedish Mining Equipment Manufacturer Will Be 100% Electric In 5 Years | CleanTechnica
After logging 60,000 hours on its first generation electric vehicles, Swedish mining equipment manufacturer Epiroc launched its second generation of electric mining vehicles this month alongside news that it would be electrifying its entire lineup in the next 5 years

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