Hitachi To Introduce Battery Powered Excavator
Hitachi Construction Machinery Co. will introduce a 7-ton excavator later this month powered by a lithium-ion battery, according to the
The new excavator was jointly developed with Hitachi Industrial Equipment Systems Co., another Hitachi Ltd. group firm. Apparently expectations for the excavator are small at this point, as the company said it hopes to sell 10-20 units of excavator in the first year, marketing them at about 12 million yen (about $103,000), or twice the price of existing models. However, because the new excavator can cut electricity costs by recycling the energy produced while braking, the price gap between it and existing models would be recouped if it is operated for 1,200 hours a year, the company said.
The company thinks it will be possible to lower the price of the new equipment to 9 million yen ($77,400) or so in five years.Edit Module