Posted by Daniel Gleeson on April 9, 2022
METS Ignited, an Australian government-funded, industry-led industry growth center for the mining equipment, technology and services (METS) sector, has invested A$400,000 ($297,938 dollars) in a collaborative project to accelerate Zero Automotive’s lightweight electric vehicle solution into the surface and underground mining market.
The ZED70 Ti™ Mobile Power Platform enables the rapid conversion of 79 Series Land Cruisers to battery-electric solutions; which are certified Australian road ready and extremely safe underground, says Zero Automotive. According to the company, converted Land Cruisers emit no harmful diesel particulates or carbon emissions and provide an enhanced driving experience.
The modular nature of the platform allows its long-life battery power system to be reused across multiple chassis, reducing the total lifecycle cost of the fleet as well as the cost of Scope 1 emissions.
Zero Automotive’s solution is the result of a three and a half year design and development program to develop and prove clean technology in the field.
Zero Automotive chief executive Dave Mitchell said collaborative investing further validates the customer value proposition and allows the company to accelerate its growth plans.
“We recognize that Toyota Landcruisers are familiar and currently the brand of choice for minors,” he said. “These funds will be used to advance our go-to-market strategy; delivering five more converted Land Cruisers for user trial by members of the Electric Mine Consortium and improving our full-scale production capability.
“We would like to thank Adrian (Beer) and his team at METS Ignited for their continued support and congratulations to the other successful industry participants.”
METS Ignited CEO Adrian Beer said the resource sector is transforming to meet society’s demand for sustainably sourced minerals.
“We are delighted to see this overwhelming demand for Australian innovation,” he said. “This round of investment includes technology that offers safety, range and low-emissions technology. METS Ignited continues to invest in Australia’s future.
“By commercializing our local innovation through Australian technology providers, we are increasing market access to our innovation capacity, making Australia an attractive market for new technology investment. These projects demonstrate the importance of resource technology and critical mineral processing to the Australian economy.