Reduced Diesel Costs

Diesel fuel prices are notoriously volatile and fluctuate due to geopolitical tensions, supply-demand imbalances and varying market forces. Businesses that rely solely on diesel-powered heavy equipment often find themselves at the mercy of these price fluctuations. Their operating budgets swing accordingly.

These fiscal frustrations and uncertainties significantly decrease with electric heavy equipment.

Adding more electric heavy equipment to your fleet can insulate you from the uncertainty of diesel prices. Think about what you can do with lower diesel costs. You can use these savings to bolster your bottom line or reinvest it in other business areas.

The internal combustion engines in your diesel equipment are notoriously complex, with thousands of individual components. As you’re aware, it requires a lot of maintenance to ensure optimal performance and longevity.

In contrast, electric loaders and excavators are powered by electric motors, which have significantly fewer moving components. This reduces wear and tear and substantially decreases your maintenance requirements and costs—to almost nothing.

Less Maintenance

The internal combustion engines in your diesel equipment are notoriously complex, with thousands of individual components. As you’re aware, it requires a lot of maintenance to ensure optimal performance and longevity.

In contrast, electric loaders and excavators are powered by electric motors, which have significantly fewer moving components. This reduces wear and tear and substantially decreases your maintenance requirements and costs—to almost nothing.

Less Downtime

It's something all businesses shoot for—minimize downtime. But many factors, sometimes even our diesel equipment, often get in the way. This is where electric heavy equipment offers a few distinct advantages.

Unlike diesel engines that require build-up time, the motors inside electric construction equipment provide peak performance right from the get-go, minimizing idle time and maximizing work hours.

Two, the equipment is powered by lithium-ion batteries. It has fewer moving parts than internal combustion engines, which results in less wear and tear—and breakdowns, a leading cause of worksite downtime. This is a primary reason why electric forklifts have been so widely and readily adopted.

Easy Regulatory Compliance

Stringent environmental regulations are fast becoming the norm. This is especially the case in the Mid-Atlantic and Northeast, home to several states recognized for having strict emissions and construction standards—and steep fines when they’re not followed.

Electric heavy loaders and excavators produce zero operating emissions and align seamlessly with these stricter regulations, enabling companies to maintain regulatory compliance, avoid jobsite shutdowns and advert the watchful eyes of regulatory bodies like the Environment Protection Agency (EPA).

Businesses that invest in electric construction equipment gain favor with regulators and government stakeholders, mitigate fines and penalties, and reputation as environmentally responsible industry leaders catering to the communities that they work in.

Government Incentives and Tax Benefits

Governments know how much electric heavy equipment can help reduce emissions on the jobsite. It’s why they offer so many incentives to encourage its adoption.

Incentives include tax credits, grants, subsidies, and, in some instances, special financing options, all of which can decrease the upfront and long-term costs of investing in electric heavy equipment. These financial advantages create a win-win proposition, allowing companies to embrace powerful electric technologies while savings tens of thousands, even hundreds of thousands of dollars, across a single fleet.

Improved Operator Safety

Electric heavy equipment offers a healthier working environment for operators and those around the jobsite with better air quality and less noise and vibration.

Zero-emission electric equipment eliminates the risk of exposure to diesel particulate matter and toxic gases, safeguarding operators and workers from respiratory issues, eye irritation, and other health problems linked to diesel construction equipment.

That includes excessive noise and vibrations.

Data from the Occupational Safety and Health Administration (OSHA) shows that diesel construction equipment can produce up to 100 decibels, which is considered "hazardous," and can impact hearing and workplace safety. This explains why 25% of noise-exposed construction workers have a material hearing impairment, and 16% have hearing impairment in both ears, according to federal statistics. Moreover, the National Institutes of Health reports that occupational exposure to vibration can cause long-term health issues, including musculoskeletal disorders. These conditions lead to decreased productivity and more sick leave and workers' compensation claims.

No wonder the first thing operators notice about electric heavy equipment is its smooth ride and quieter operation. With HEVI equipment, noise and vibration decrease by 60% compared to diesel counterparts, which leads to healthier and more productive operators and more infrequent sick leave and worker’s compensation claims.

More Investment

Environmental, Social and Corporate Governance (ESG) reporting has become essential in attracting investors and maintaining financial stability in today's business landscape.

Embracing sustainable practices and reducing carbon emissions with electric heavy equipment makes construction companies and those in other sectors more appealing to ESG-conscious investors.

Companies can foster long-term investor confidence and strengthen their financial performance by mitigating their ESG risk and minimizing potential financial losses associated with non-compliance.

Reasonable Purchase Prices

Like many new technologies, it’s typically understood that electric equipment costs significantly more upfront than comparable diesel models. That’s the case with many manufacturers—but not with HEVI.

Thanks to the manufacturing capabilities of its parent company, GTEC, HEVI delivers its electric heavy equipment without exorbitant costs—meaning its electric loaders and excavators cost about as much as comparable diesel equipment.

Instead of justifying the high purchase price of electric equipment with the savings from diesel and maintenance reduction, HEVI allows you to reinvest those savings in your business. This price parity model is critical to HEVI’s mission. We understand that the business landscape requires tough decisions, and now, HEVI equipment makes purchasing electric equipment not only possible, but a solid investment in your own business.

Are you interested in achieving greater profits and a higher return on investment with your heavy equipment? Book a demo with HEVI today and discover how our electric loaders and excavators can electrify your fleet and strengthen your business's bottom line.