HomeOther Energy Applications ›SEA Electric Signs MoU with MEVCO to Electrify 8,500 Hilux and Landcruiser Models

SEA Electric Signs MoU with MEVCO to Electrify 8,500 Hilux and Landcruiser Models

SEA Electric to electrify the world's commercial vehicle fleet, by signing a significant Memorandum of Understanding with MEVCO.

January 18, 2023. By News Bureau

SEA Electric to electrify the world's commercial vehicle fleet, by signing a significant Memorandum of Understanding with MEVCO.
 

The partnership will see specialist all-electric Hilux and Landcruiser models made available for the mining industry, with MEVCO making a commitment to order 8,500 units over the next five years.

The deal has a total value of close to AU$1 billion.

At the time of the launch, over half of the 2023 allocation of the Australian-developed battery-electric vehicles have been pre-sold, with demonstration models available in Melbourne, Brisbane and Perth.

At the heart of the arrangement is SEA Electric's proprietary SEA-Drive® power-system, which provides leading all-electric range, driving performance, and environmental credentials, with zero local emissions of carbon dioxide, methane, or nitrous oxide.

"This is a pivotal partnership for the mining industry," said Matt Cahir, MEVCO CEO. "It enables the world's leading EV technology for heavy and light commercial trucks to be commercialized 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."

"Across all industries, companies now understand they have a role to play in ensuring they are a part of the solution to the environmental problems we face," said Tony Fairweather, SEA Electric Founder & CEO. "With the SEA-Drive® power-system, we have developed technology that is perfectly adaptable to a wide range of commercial vehicle tasks that have typically been the domain of diesel-powered engines. Through MEVCO, the mining industry will now be able to access cutting-edge technology, which delivers top performance and total cost of ownership prospects, all with sustainability at the forefront."

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