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Saean Group signs a deal with TD Lease to supply 30-ton electric dump trucks

Dec 15, 2022

This is the first time that a South Korean electric vehicle company has signed an export contract to produce a large 30-ton electric dump truck.

Saean Group has signed a contract with Japan's TD Lease Corp., which rents and sells construction equipment for tunnel excavation in Japan, to supply 30-ton articulated electric dump trucks.

About 10 officials attended the signing ceremony at the Saean R&D Center in Hanam, Gyeonggi Province, including Jung-yong Lee, the chairman of Saean Group, Mikio Yoshimura, the managing director of sales at TD Lease Japan, and Satoshi Grihara, CEO of Saean Japan.

Saean Group explained that the contract has opened the door to entering the large electric dump truck market, and that the industry is paying keen attention to the 30-ton articulated electric dump truck that will be developed and produced by Saean.

The electric dump truck is equipped with a 350kW electric motor and a 250kWh lithium-ion battery, which takes 1 hour for fast charging and 10 hours for slow charging. It can travel up to 80 kilometers on a single charge.

Since it is for construction purposes, it will not be driven or used in general public roads, but will be used to transport soil or aggregates from excavation processes such as tunnels. The speed is designed to be limited to 25 km/h or less according to the law.

Director Yoshimura said, "Even after the development of this electric dump truck is completed, we will expand the lineup of electric equipment necessary for various excavations, including 25-ton electric dump trucks and electric excavators."

Chairman Lee said, "We will jointly develop and produce 30 tons of articulated electric dump trucks with investment of about 3 billion won from Japan's TD Lease Corp, and we will deliver 40 units to TD Lease Corp in two years."

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