Image

AU$1b deal to electrify 8500 Toyotas for mining

20 January 2023

SEA Electric has signed a Memorandum of Understanding (MoU) with systems integrator MEVCO, which specialises in battery electric light commercial vehicles, to provide electric Toyota Hilux and Land Cruiser models for the mining industry. Under the deal valued at nearly AU$1 billion, MEVCO will commit to order 8500 units during the next five years.

More than half of the 2023 allocation of the Australian-developed BEVs have been pre-sold, with demonstration models available in Melbourne, Brisbane and Perth. SEA Electric’s proprietary SEA-Drive power-system is included, with zero local emissions of carbon dioxide, methane, or nitrous oxide.

Thanks to its medium‐voltage architecture and electronic thermal management, SEA Electric’s solution is light, cost‐effective, and efficient, with the system tested in the field across eight countries with over 2.5 million kilometres of real-world use registered to date, SEA Electric explains.

Available in various mining-specific designs for 4×4 and 4×2 configurations, the vehicles can be specified with two SEA-Drive options – an 88kWh battery providing 380km range, or a 60kWh battery for 260km of use. Fast DC to DC charging is available for the system, which provides up to 80% battery power in less than an hour, with a five-year factory warranty on the batteries supplied.

MEVCO is a portfolio company of RCF Jolimont – the innovation fund of Resource Capital Funds, one of the largest private equity managers in the world focused on mining. “This is a pivotal partnership for the mining industry,” says MEVCO chief executive Matt Cahir.

“It enables the world’s leading EV technology for heavy and light commercial trucks to be commercialised on a scale that makes sense for the bespoke needs of the mining sector. SEA Electric’s unique architecture is perfectly suited for the task, with the system’s high-torque characteristics ideally fit for purpose.”

For SEA Electric, it’s the logical next step in the company’s expansion in the commercial vehicle space, opening up possibilities for the technology on a global scale for a wide variety of applications. “This deal is a significant step forward in Australia and shows just what is possible when it comes to electrifying the world’s fleets.”

Source: Transport Talk, SEA Electric

Read More
Image

Decarbonising transport & logistics

New Zealand environmental specialist, Toitū, recently held a panel to discuss how New Zealand’s transportation and logistics industry, the nation’s second-largest emissions source, can take effective climate action. They shed light on the critical pressures facing supply chains and how to respond ...
Read more
Image

Electrifying all trucks will cost less

The Clean Freight Coalition recently released a report suggesting a staggering US$1 trillion investment would be required to electrify 100% of the US truck fleet. However, a critical analysis reveals serious flaws in this estimation. Daimler Truck North America, a ...
Read more
Image

Transport: Hydrogen still has advantage over batteries

It’s April 2024 and some of Australia’s fossil fuel majors are still touting hydrogen powered vehicles as a solution for decarbonising transport.In a recent article, the ABC quoted Dr Steven Percy, a senior research fellow at the Victorian Hydrogen Hub, ...
Read more
Image

China launches world’s largest electric container ship

State-owned China Ocean Shipping Group (COSCO) has launched the world’s largest electric container ship, which will begin a regular service between Shanghai and Nanjing and save 3,900kg of fuel for every 100 nautical miles sailed. The Greenwater 01 arrived at ...
Read more
Image

Pacifica Shipping introduces battery swap e-trucks

NZ coastal shipping operator Pacifica Shipping is introducing fully electric battery swap trucks to create one of New Zealand’s lowest emission supply chains for heavy freight. The company, a division of Swire Shipping (NZ), received NZ$252,000 in co-funding from the Energy Efficiency ...
Read more
Image

Next-gen heavy duty truck charging

Global efforts to decarbonise medium- and heavy-duty (MHD) freight vehicles are crucial for reducing transportation-related greenhouse gas (GHG) emissions with the medium- to heavy-duty electric truck market forecast to reach NZ$335 billion (US$207b) by 2044. So says IDTechEx in its ...
Read more
Image

Shortage in EV mechanics

Australia is on the cusp of a significant shift towards electric vehicles (EVs) on its roads. The impetus for this change is the government’s plan to introduce a New Vehicle Efficiency Standard. This policy aims to compel car manufacturers to significantly ...
Read more
Image

Electric log truck gears up for phase two

Fenell Forestry will receive an AU$200,000 cash injection from the South Australian state government to commence phase two of an electric log truck trial. The funding for phase two the Fennell Forestry project will examine how heavy vehicle decarbonisation can contribute ...
Read more
Image

Kiwi firm spearheading heavy fleet green transition

Bay of Plenty-based company Heavy Vehicle Machinery Solutions (HVMS) is forging global partnerships to help drive decarbonisation efforts in New Zealand’s road transport industry. Formed in October 2022 through parent company East Coast Heavy Diesel (ECHD) in Whakatane, HVMS is ...
Read more