Mining giants are investing heavily in their fleets in the race to decarbonise Scope 1 emissions.
Fortescue recently announced that it would invest USD 4 billion in hundreds of giant EV haul trucks, dozers, and excavators.
Anglo American acquired a 10% strategic equity interest in First Mode in 2021 and later injected USD 200 million equity to combine First Mode and Anglo American's nuGen™ zero-emission haulage solution, with the newly combined business valued at USD 1.5 billion.
Tech solutions and innovation pathways between these giants differ.
We provide a high-level overview of EV vs. H2 Fuel Cell EV trucks and the different approaches the companies are taking to innovation.
Companies are betting big on these different innovation pathways. We look forward to watching these different strategies unfold.
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