{"id":261073,"date":"2025-09-28T10:46:18","date_gmt":"2025-09-28T10:46:18","guid":{"rendered":"https:\/\/www.europesays.com\/us\/261073\/"},"modified":"2025-09-28T10:46:18","modified_gmt":"2025-09-28T10:46:18","slug":"xcmg-electric-haul-truck-sale-is-the-biggest-ev-deal-ever","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/261073\/","title":{"rendered":"XCMG electric haul truck sale is the biggest. EV deal. EVER."},"content":{"rendered":"<p>\t<img width=\"1600\" height=\"800\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/mining-trucks-XDE130-5.jpg\" class=\"skip-lazy wp-post-image\" alt=\"Record-Breaking: China's Largest Export Order for Green Mining Equipment to Date\"  decoding=\"async\" fetchpriority=\"high\"\/><\/p>\n<p>In a record-setting deal worth billions, Chinese heavy equipment manufacturer XCMG has agreed to deliver more than 200 of its 240-tonne electric haul trucks to Australian mining giants Fortescue in one of the biggest moves yet to decarbonize mining.<\/p>\n<p>From pioneering its \u201cworld\u2019s first\u201d <a href=\"https:\/\/electrek.co\/2025\/09\/14\/107-global-partners-back-xcmg-push-to-electrify-the-mining-industry\/\" target=\"_blank\" rel=\"noopener\">best-practice model for smart mining at China Huaneng\u2019s Yimin Mine<\/a> and winning the 2025 Decarbonizing Mining Award to ranking among the world\u2019s top four open-pit heavy equipment makers, XCMG is rapidly building a reputation for building high-quality electric equipment options that can do all the work without any of the emissions.<\/p>\n<p>Earlier this week, XCMG joined Fortescue, one of the world\u2019s largest iron ore producers, at a grand signing ceremony in Beijing for a strategic cooperation agreement on green mining equipment solutions. Under the terms of the new deal, XCMG will deliver up to 200 of its massive, 240T battery-electric haul trucks to Fortescue, <a href=\"https:\/\/electrek.co\/2024\/11\/30\/400-million-electric-heavy-equipment-order-from-china-is-biggest-ever-so-far\/\" target=\"_blank\" rel=\"noopener\">beating a similar deal posted last year<\/a> and marking China\u2019s largest-ever export order for green mining machinery.<\/p>\n<p>It\u2019s also one of the largest-ever EV sales, period.<\/p>\n<p>\tAdvertisement &#8211; scroll for more content<\/p>\n<p>Big deal<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"512\" width=\"1024\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/xcmg_big-ev-deal.jpg\" alt=\"On September 26, during the United Nations General Assembly, Fortescue formally announced in New York that it signed a supply contract with XCMG for new energy mining equipment. (PRNewsfoto\/XCMG Machinery)\" class=\"wp-image-436162\"  \/>Signing the Fortescue deal; via XCMG.<\/p>\n<p>Fortescue believes the deal isn\u2019t just significant for its size and scope, but for building new global bridges in the quest for full decarbonization.<\/p>\n<p>\u201cThe world once benefited from open trade and cooperation \u2013 now it is divided,\u201d <a href=\"https:\/\/www.fortescue.com\/en\/articles\/fortescue-unites-worlds-best-technology-and-manufacturing-to-accelerate-decarbonisation-globally\" target=\"_blank\" rel=\"noreferrer noopener\">explains Fortescue Executive Chairman and Founder, Dr. Andrew Forrest<\/a>. \u201cFortescue is showing that industry can help glue back that multilateral spirit. Not through rhetoric, but through practical alliances that prove heavy industry can follow a new path \u2013 one where profits rise as emissions fall.\u201d<\/p>\n<p>\u201cChina is scaling and manufacturing green technologies at unprecedented speed,\u201d adds Forrest. \u201cand \u201cOur partnerships give Fortescue access to that capability.\u201d<\/p>\n<p>As for the trucks themselves, <a href=\"https:\/\/electrek.co\/2025\/01\/05\/xcmg-shows-electric-heavy-equipment-with-byd-battery-swap-tech-ahead-of-ces\/\" target=\"_blank\" rel=\"noopener\">the new XCMG 240T electric haul trucks are absolute giants<\/a>, built to handle payloads over 500,000 lbs., with a gross vehicle weight rating somewhat north of 380 (!) tonnes (that\u2019s almost 420 Imperial tons, to you and me).<\/p>\n<p>There\u2019s enough power on tap from the big haul trucks\u2019 1,900 kW (2,550 hp) electric drive system to climb 17% grades and hit speeds up to 56 km\/h (35 mph). That\u2019s enough to make XCMG\u2019s 240T one of the most powerful and capable EVs on the planet, slashing emissions without sacrificing hauling performance.<\/p>\n<p><a href=\"https:\/\/electrek.co\/2025\/09\/12\/electric-haul-trucks-could-save-fortescue-over-400-million-in-fuel-per-year\/\" target=\"_blank\" rel=\"noopener\">With Fortescue already saving hundreds of millions in fuel costs<\/a>, this deal \u2013\u00a0big as it \u2013\u00a0is going to put an absolutely massive dent in global diesel demand.<\/p>\n<p><strong>SOURCES<\/strong>: <a href=\"https:\/\/www.fortescue.com\/en\/articles\/fortescue-unites-worlds-best-technology-and-manufacturing-to-accelerate-decarbonisation-globally\" target=\"_blank\" rel=\"noopener\">Fortescue<\/a>, <a href=\"https:\/\/finance.yahoo.com\/news\/record-breaking-chinas-largest-export-115700238.html\" target=\"_blank\" rel=\"noopener\">Yahoo! Finance<\/a>.<\/p>\n<p><a href=\"https:\/\/www.dpbolvw.net\/click-101288862-16942853\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"150\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/DES-1038_Electrek-Banners_EVs_0797c2.png\" alt=\"\" class=\"wp-image-408967\"  \/><\/a><\/p>\n<p>If you\u2019re considering going solar, it\u2019s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out\u00a0<a href=\"https:\/\/www.dpbolvw.net\/click-101288862-16942853\" target=\"_blank\" rel=\"noreferrer noopener\">EnergySage<\/a>, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it\u2019s free to use, and you won\u2019t get sales calls until you select an installer and share your phone number with them.\u00a0<\/p>\n<p>Your personalized solar quotes are easy to compare online and you\u2019ll get access to unbiased Energy Advisors to help you every step of the way.\u00a0<a href=\"https:\/\/www.dpbolvw.net\/click-101288862-16942853\" target=\"_blank\" rel=\"noreferrer noopener\">Get started here<\/a>.<\/p>\n<p>\t\t\t\t<a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/google.com\/preferences\/source?q=https:\/\/electrek.co\"><br \/>\n\t\t\t<img decoding=\"async\" class=\"google-preferred-source-badge-dark\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/1756925724_765_google-preferred-source-badge-dark.png\" alt=\"Add Electrek as a preferred source on Google\"\/><br \/>\n\t\t\t<img decoding=\"async\" class=\"google-preferred-source-badge-light\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/1756925725_539_google-preferred-source-badge-light.png\" alt=\"Add Electrek as a preferred source on Google\"\/><br \/>\n\t\t<\/a><\/p>\n<p class=\"disclaimer-affiliate\">FTC: We use income earning auto affiliate links. <a href=\"https:\/\/electrek.co\/about\/#affiliate\" target=\"_blank\" rel=\"noopener\">More.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In a record-setting deal worth billions, Chinese heavy equipment manufacturer XCMG has agreed to deliver more than 200&hellip;\n","protected":false},"author":3,"featured_media":261074,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,85227,136683,16530,67,132,68],"class_list":{"0":"post-261073","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-electric-trucks","10":"tag-heavy-equipment","11":"tag-mining","12":"tag-united-states","13":"tag-unitedstates","14":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115281525982726406","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/261073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=261073"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/261073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/261074"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=261073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=261073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=261073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}