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Eliminating diesel engines has further advantages for construction enterprises. Studies reveal that the higher initial cost is more than offset by the longer lifespan and lower maintenance requirements of electric engines.
Refueling, which is usually a messy task for large machinery, is replaced with recharging. Additionally, longer construction hours may result from reduced noise and pollution: Considering that it wasn’t burning fuel.
Not all machinery now available has an electric version because the construction industry typically absorbs new technologies slowly.
However, manufacturers of equipment are gradually launching new models as technology advances. Despite the market’s current dominance by diesel-powered construction equipment, all-electric variants are beginning to gain headway.
The Brazil Electric Construction Equipment Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
In order to speed up the transition to zero-carbon mining operations, Brazilian miner Vale and XCMG Construction Machinery have signed a memorandum of understanding (MoU).
The two businesses are looking to increase the usage of electric battery-powered cars, so they have reached an agreement that will make it easier to sell zero-emission and autonomous equipment.
The contract states that XCMG will give Vale equipment prototypes, including two mining transport trucks powered by electric batteries. This programme supports Vale’s vision to pave the way for low-carbon mining by aligning with our targets of lowering scope one and two carbon emissions by 2030 and attaining net-zero emissions by 2050.
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