Saturday, May 25, 2024 Technologies that are becoming mainstream in the automotive industry are also making their way into the off-highway sector, particularly in mining vehicles. IDTechEx ‘s market research report, “Electric Vehicles in Mining 2024-2044: Technologies, Players, and Forecasts,” emphasizes the impact of large EV batteries and innovative fast-charging methods on the adoption of electric mining vehicles, alongside the emergence of autonomous mining vehicles. According to IDTechEx, the electric mining vehicle industry is projected to be valued at nearly US$23 billion by 2044.
Electrification is widely seen as the future for mining vehicles due to its potential to significantly reduce emissions in the mining industry while being more cost-effective, safer, and more productive for mines. However, to realize these benefits, the enabling technologies for EVs must be fully developed to ensure a seamless adoption process. Advancing battery and charging technology will be critical for the industry’s transition to electric.
Batteries for Mining Vehicles While hydrogen fuel cells may contribute to the decarbonization of mining vehicles, IDTechEx predicts that battery-electric vehicles will dominate the future. The battery technology in an electric mining vehicle is crucial for its performance, influencing endurance, lifespan, productivity, and more. Given the diverse range of mining vehicle sizes, batteries can vary significantly, from 100 kWh for light vehicles to.
