Caterpillar Launches Four Battery Electric Machines To Support Low-Carbon Future - Caterpillar (NYSE:CAT)


  • Caterpillar Inc CAT plans to introduce four electric machine prototypes, including battery prototypes to support transition to a lower-carbon future.
  • The battery electric machine prototypes include the 301.9 mini excavator, 320 medium excavator, 950 GC medium wheel loader, and 906 compact wheel loader. 
  • The machines are powered by Caterpillar battery prototypes and include an onboard AC charger. 
  • The company also plans to offer an offboard DC fast charging option.
  • The Caterpillar-designed batteries in the machines will also be available to power other industrial applications.
  • “Caterpillar is well positioned to help customers reach their sustainability goals, including lowering emissions on the jobsite,” said Construction Industries Group president Tony Fassino.
  • Price Action: CAT shares are trading higher by 4.50% at $178.94 on the last check Tuesday.


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