Caterpillar, the iconic yellow machine, is going green. The heavy-duty vehicle OEM has invested in Lithos Energy, a California-based producer of lithium-ion battery packs. Lithos specializes in shock-resistant and high-performance battery solutions for applications including off-road and marine.
Caterpillar has been developing its line-up of hybrid and full-electric machines and power generation products for some time. At the bauma trade show in Munich, the company displayed prototypes of electric construction machines and batteries, and successfully demonstrated its first battery-electric 793 large mining truck at its Tucson Proving Ground in Arizona.
Joe Creed, Group President of Caterpillar’s Energy & Transportation segment, said: “Caterpillar’s collaboration with Lithos supports our commitment to delivering robust electrified products and solutions for our customers. Cat equipment—regardless of its power source—is designed to operate in the most demanding conditions. Lithos’s experience manufacturing battery packs for similarly demanding environments will be an asset as we continue our electrified product development.”
Lithos CEO James Meredith added: “Caterpillar’s forward thinking, commitment to electrification and leadership position on the global stage for equipment manufacturers make this an ideal match. This funding will enable Lithos to accelerate technology development and scale up manufacturing capacity.”
Caterpillar’s investment in Lithos Energy is a major step towards a greener future. The company’s commitment to electrification and its ability to develop robust products for the most demanding conditions will help ensure that its iconic yellow machines remain a symbol of progress and sustainability for years to come.
FAQ
Q1: Are electric car batteries recyclable?
A1: Yes, electric car batteries are recyclable.
Q2: Are electric car chargers free?
A2: It depends on the charger and the location. Some electric car chargers are free, while others may require a fee.
Q3: Can electric car batteries be rebuilt?
A3: Yes, electric car batteries can be rebuilt with the right tools and knowledge.
