Construction, Mining and Agriculture Electric Vehicles Market Forecast to Value $30 billion in 2025

LONDON, April 24, 2017 /PRNewswire/ -- Komatsu, John Deere, Caterpillar, and others manufacture the big vehicles - mainly hybrid - other manufacturers offering smaller, pure-electric versions. The new report explains why and gives detailed forecasts, comparisons and assessments.

A deeper analysis on the report at https://www.reportbuyer.com/product/4447336/

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 than most people realize. So it is with the electric versions set for 253,000 to be sold in 2025.

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.

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SOURCE ReportBuyer