Development of Electric Vehicles in Surface and Underground Mining, 2026

Electric mining vehicles market report covering battery-electric trucks, trolley-assist trucks, underground LHDs, OEM adoption, mine-level deployment, and future electrification plans. Benchmark leading miners and equipment manufacturers with GlobalData analysis.

Track the Transition to Electric Vehicles in Surface and Underground Mining

Mining companies worldwide are accelerating the transition from diesel-powered fleets to electric mining vehicles as they work toward long-term emissions reduction goals. This report provides a comprehensive analysis of how battery-electric and trolley-assist vehicles are being deployed across surface and underground mining operations.

You will gain visibility into the adoption of electric mining equipment by mine, country, OEM, and vehicle model. In addition, the report highlights future fleet expansion plans and the operational benefits achieved by mining companies that have already begun electrification.

As a result, you can better understand where mining electrification is advancing and how the competitive landscape is evolving.

Report Value Proposition – Make Better Decisions with Mine-Level Intelligence

This report goes beyond market trends by providing detailed operational intelligence on electric mining vehicle deployment across global mining operations.

You can use this report to:

• Track the adoption of electric mining vehicles by mine, country, OEM, and equipment model
• Benchmark fleet electrification strategies against leading mining companies
• Identify which OEMs are leading the transition to battery-electric and trolley-assist technologies
• Evaluate future deployment plans across global mining operations
• Support equipment strategy, market analysis, investment, and business development decisions
• Understand the operational benefits achieved through electric mining vehicle adoption

Moreover, the report combines quantitative tracking with expert analysis, helping you evaluate both current deployment and future market direction.

Gain Detailed Insights into Electric Mining Equipment Deployment

The report provides comprehensive analysis across both surface and underground mining equipment.

Coverage includes:

• Battery-electric underground loaders (LHDs) and mining trucks
• Trolley-assist and battery-electric surface mining trucks
• Global vehicle populations by mine, country, OEM, and model
• Recent deployments and upcoming electrification projects
• Roll-out of electric mining fleets across selected mines
• Benefits achieved or predicted from electric vehicle adoption
• Popular electric mining vehicle models currently operating worldwide

Furthermore, the report tracks additions over time, enabling you to monitor the pace of mining fleet electrification.

Scope

What You Will Learn

This report provides detailed coverage of the global development of electric mining vehicles, including:

• Executive summary of electric surface trucks
• Global population of trolley-assist and battery-electric trucks by mine, country, make and model
• Roll-out of electric surface trucks across selected mines
• Recent and upcoming developments
• Executive summary of underground electric loaders (LHDs) and trucks
• Global population of electric underground equipment by mine, country, make and model
• Deployment of electric LHDs and mining trucks
• Benefits achieved or predicted from electric vehicle adoption
• Popular electric mining equipment models
• Future plans for additional electric vehicle deployment by mine

In addition, the report tracks how electric mining fleets continue to expand as miners pursue long-term diesel displacement strategies.

Target Buyers for This Report

This report is designed for decision-makers involved in mining equipment, electrification and operational strategy, including:

• Mining Company Executives
• Mine Planning and Operations Managers
• Fleet Management Teams
• Equipment Procurement Managers
• Mining Equipment Manufacturers
• Business Development and Sales Teams
• Strategy and Corporate Development Leaders
• Market Intelligence Professionals
• Investors and Financial Analysts
• Mining Consultants

If you are responsible for equipment investment, fleet strategy, competitive intelligence, or mining market analysis, this report provides valuable insights to support your decision-making.

How Companies Use This Report

Organizations across the mining value chain can use this report in practical ways.

• Mining companies can benchmark their electrification strategies against global peers, evaluate future fleet expansion opportunities, and compare electric vehicle deployment across mining operations.
• Mining equipment manufacturers, including Caterpillar, Komatsu, Sandvik, Epiroc, Hitachi and Liebherr, can assess market penetration, monitor competitor activity, and identify opportunities for future equipment deployment.
• Equipment suppliers and technology providers can identify mines actively investing in electric fleets and support commercial planning.
• Investors and financial institutions can evaluate the pace of mining electrification and assess companies leading the transition to lower-emission mining operations.
• Strategy, market intelligence and business development teams can monitor adoption trends, compare regional deployment, and identify emerging market opportunities.

As a result, you can make more informed commercial, operational, and investment decisions.

Key Highlights

As miners strive to reduce greenhouse gas emissions, many are beginning to invest in battery-powered and electric-powered mining fleets as they embark on the long-term goal of diesel displacement.

The adoption of electric mining vehicles is increasing steadily. Underground, 412 LHDs and mining trucks were running on electric power by April 2026, while for surface mines there were almost 1367 trolley-assist and battery-powered surface trucks combined.

The largest combined populations of electric LHDs and undrground mining trucks are in Canada (127), followed by China (94), Russia (47), Sweden (37).

Sandvik and Epiroc are the main suppliers of battery and cable-powered electric LHDs and trucks with over 80% of the machines tracked by GlobalData.

The largest population of trolley-assist trucks is in Zambia (136), followed by Namibia (56) and South Africa (20).

Hitachi, Komatsu and Liebherr are the main suppliers of trolley-assist trucks with over 90% of the trucks tracked.

Reasons to Buy

Benchmark Against Global Mining Companies and Leading Equipment Manufacturers

Understanding how industry leaders are deploying electric mining vehicles can help support your own strategic planning.

This report enables you to benchmark electrification initiatives across major mining companies and compare equipment deployment across leading OEMs, including Caterpillar, Epiroc, Hitachi, Komatsu, Liebherr, Sandvik, Sany, Yutong, Tonly, NHL and LGMG.

The analysis also covers electric fleet adoption by major mining companies including Agnico Eagle, Boliden, ARMZ, Evolution Mining, Vale, Glencore, First Quantum Minerals, LKAB, Newmont and Shandong Gold.

Built on Trusted Data and Industry Expertise

This report is backed by GlobalData’s proprietary mining intelligence and industry expertise.

• Built on GlobalData’s proprietary mining database
• Trusted by Fortune 500 companies and leading governments
• Developed by analysts with decades of mining sector expertise
• Combines detailed mine-level tracking with expert market analysis

Therefore, you can rely on the report to support strategic planning and competitive benchmarking.

Stay Ahead of the Mining Industry’s Electrification Journey

The transition to electric mining fleets continues to accelerate as mining companies invest in lower-emission operations and modernize equipment portfolios. However, adoption varies significantly across regions, mining companies, and equipment manufacturers.

This report provides the intelligence you need to track market developments, benchmark leading operators, and identify where future electrification opportunities may emerge.

If your business is evaluating opportunities in electric mining equipment, battery-electric vehicles, or trolley-assist technologies, now is the time to gain actionable insight and stay ahead of the market.