In 2024, Miller Technology stood at a critical juncture in their journey.
As pioneers in mining mobility since 1979, they had achieved remarkable success, including 462% growth over 5 consecutive years.
Their vehicles were operational in 18 mines across five continents, and they had been leading in electric mining vehicle technology since 2014.
However, they faced unique challenges in the Australian market:
- The industry showed significant hesitance toward EV adoption after unsuccessful early trials.
- Companies had been delaying EV decisions for 18 months, waiting to see how the technology evolved.
- Diesel vehicles still accounted for over 90% of sales.
- Projected BEV adoption was delayed until 2030.
- Early EV mining vehicles had underperformed in industrial settings.
- Small to medium mining companies were focused purely on ore extraction with limited appetite for new technology.
They needed to establish themselves in a market that wasn’t yet ready for full electrification while maintaining their position as industry innovators.