Grew services with expanded offerings focused on improving customers’ fleet performance and uptime
Expanded autonomy leadership by scaling to quarry and aggregates applications
Signed definitive agreements with mining customers to support their energy transition goals
Demonstrated Caterpillar’s first battery electric mining truck prototype and began transformation of the U.S.-based Tucson Proving Ground into a sustainable testing and validation hub of the future
Launched Caterpillar’s first battery electric underground loader
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Grew services with a strategic focus on digital touchpoints, condition monitoring, integrated services offerings and expanding remanufacturing options
Formed the Electrification & Advanced Power Solutions Division focused on the creation of modular and scalable advanced power sources and electrified drivetrain product lines
Invested in Lithos Energy, which specializes in designing, engineering and manufacturing shock-resistant and high-performance lithium-ion battery solutions for applications including off-road and marine
Acquired Tangent Energy Solutions, adding complementary energy-as-a- service capabilities to Caterpillar’s broad portfolio of electric power products
Announced key collaboration agreements with Chevron to deliver a turbine demonstration unit running on 50% hydrogen blended with natural gas and with Damen shipyards to develop a methanol-ready tug
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