This week, Caterpillar successfully demonstrated a prototype of an all-new battery electric underground mining truck at its Australian proving grounds, making it the latest addition to a rapidly-growing portfolio of battery electric and semi-autonomous mining machines.
This latest announcement, however, highlights the company’s first-ever underground electric mining truck. Visually similar to the existing AD45 articulated hauler (shown, below), the prototype electric mining truck was developed with customer input and support from the gold mining experts at Newmont Corporation, and aims to help Newmont achieve its vision of a fully connected, automated, zero carbon mining system.
Cat AD45 underground hauler
Cat AD45 underground haul truck (diesel); via Caterpillar.
“This milestone is a reflection of the partnership between our teams at Newmont and Caterpillar, showcasing the impact of strong collaboration in the mining industry,” said Rob Atkinson, Executive Vice President at Newmont. “Achieving this milestone together, combining capabilities and shared values, is a testament to the strength of our strategic alliance.”
The upcoming battery electric truck represents the second half of Caterpillar’s first fully electric underground load and haul solution, the first half being the R1700 XE battery electric loader, which was took center stage at this year’s CES show and is currently available for order. In addition to emissions-free operation, the company also showed off its growing autonomy and automation capabilities, which address some of the biggest safety concerns faced by mining customers – all associated with the task of repetitively moving massive machinery through dark, cramped, and loud underground spaces.
“This is a milestone for the entire Caterpillar team as we work closer than ever with Newmont to provide more sustainable choices for the underground mining industry,” said Denise Johnson, Caterpillar’s Resource Industries Group President. “We are building on our foundation of industry-leading autonomous solutions for surface operations, along with our deep experience in underground technology, to provide significant improvement in both productivity and safety for underground mining customers.”
Electrek’s Take
You can count me (Jo) among the of people who don’t believe on-road full self driving is going to be a thing anytime soon. That said, a mine is very different from Main Street, and an autonomous agent that doesn’t get tired towards the end of a shift, that doesn’t get complacent from tracing the same route a dozen or more times a day, and that can see in the dark could dramatically improve working conditions underground – and that I am all for.
China just laid out a plan to roll out over 100,000 ultra-fast EV charging stations by 2027 – and they’ll all be open to the public.
The National Development and Reform Commission’s (NDRC) joint notice, issued on Monday, asks local authorities to put together construction plans for highway service areas and prioritize the ones that see 40% or more usage during holiday travel rushes.
The NDRC notes that China’s ultra-fast EV charging infrastructure needs upgrading as more 800V EVs hit the road. Those high-voltage platforms can handle super-fast charging in as little as 10 to 30 minutes, but only if the charging hardware is up to speed.
China had 31.4 million EVs on the road at the end of 2024 – nearly 9% of the country’s total vehicle fleet. But charging access is still catching up. As of May 2025, there were 14.4 million charging points, or roughly 1 for every 2.2 EVs.
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To keep the grid running smoothly, China wants new chargers to be smart, with dynamic pricing to incentivize off-peak charging and solar and storage to power the charging stations.
To make the business side work, the government is pushing for 10-year leases for charging station operators, and it’s backing the buildout with local government bonds.
The NDRC emphasized that the DC fast chargers built will be open to the public. This is a big deal because a lot of fast chargers in China aren’t. For example, BYD’s new megawatt chargers aren’t open to third-party vehicles.
As of September 2024, China had expanded its charging infrastructure to 11.4 million EV chargers, but only 3.3 million were public.
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A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.
Kevin Lamarque | Reuters
Federal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.
The indictment, unsealed in the District of Puerto Rico, accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, of operating and promoting OmegaPro, an international crypto multi-level marketing scheme that promised investors 300% returns over 16 months through foreign exchange trading.
“This case exposes the ruthless reality of modern financial crime,” said the Internal Revenue Service’s Chief of Criminal Investigations Guy Ficco. “OmegaPro promised financial freedom but delivered financial ruin.”
From 2019 to 2023, Sims, Reynoso and their co-conspirators allegedly lured thousands of victims worldwide to purchase “investment packages” using cryptocurrency, falsely claiming the funds would be safely managed by elite forex traders, the Department of Justice said.
Prosecutors said the pair flaunted their wealth through social media and extravagant events — including projecting the OmegaPro logo onto the Burj Khalifa, Dubai’s tallest building — to convince investors the operation was legitimate.
A video posted to the company’s LinkedIn page shows guests in evening attire posing for photos and watching the spectacle in Dubai.
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In reality, authorities allege, OmegaPro was a pyramid-style fraud.
When the company later claimed it had suffered a hack, the defendants told victims they had transferred their funds to a new platform called Broker Group, the DOJ said. Users were never able to withdraw their money from either platform.
The two men face charges of conspiracy to commit wire fraud and conspiracy to commit money laundering, each carrying a maximum sentence of 20 years in prison.
The Justice Department, FBI, IRS-Criminal Investigation, and Homeland Security Investigations led the multiagency investigation, with help from international partners.
Tesla is starting to experience some consequences for misleading Full Self Driving customers – at least that’s the finding of one arbitration ruling that has Tesla refunding one customer $10,000 plus legal fees for failing to deliver on their promises. Find out more on today’s legally challenging episode of Quick Charge!
An arbitration “court” found that Tesla misled customers with its Full Self Driving product, and has now been forced to refund at least one person’s $10,000 payment (plus legal fees) for the not-quite autonomous driving software. France, too, is piling on claims of deceptive business practices – but there’s some good news for FSD fans! If you’re still willing to pay for it, Tesla will thrown in 0% financing on a brand new Cybertruck.
Check out the relevant links, below, to learn more.
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