SQM Lithium Ventures announced on Tuesday a $3 million investment in Terraline, developer of the Tangra LH1, a zero-emission, long-haul battery-electric truck. 

This investment underscores SQM’s commitment to sustainable development, the company said, adding that it translates to sustainable use of natural resources, minimizing the impact of production processes, and protecting surrounding ecosystems. 

Terraline’s Tangra LH1 electric truck eliminates emissions from the crucial long-haul trucking sector, a significant contributor to global greenhouse gases. 

Terraline is the only company designing a ground-up new electric heavy truck that can achieve over 500 miles of range and can accommodate any human or any autonomous driver, the company said.  

Being able to achieve over 500 miles of range on a single charge coupled with a fast charge capability of 20-80% in less than 45 minutes, makes the Terraline Tangra LH1 the first commercial electric truck to meet the demands of the logistics industry, it said.  

The Tangra LH1 is future-proofed in that it is ready to accept any autonomous driver, meaning commercial fleets will be able to seamlessly integrate the Terraline Tangra LH1 into their operations and when they are ready to switch to full autonomy, install any autonomous driver onto the platform. 

Terraline’s Tangra LH1 boasts a range exceeding 500 miles, addressing a significant hurdle for electric trucks. Additionally, Terraline’s focus on autonomous-ready technology positions its battery-electric truck platform at the forefront of a rapidly evolving industry. 

“SQM’s investment and the addition of Mark Fones to our board are a tremendous boost as we build the future of sustainable trucking with the Tangra LH1,” Terraline CEO Graham Doorley said in a news release.  

“Together, we can create a cleaner and more efficient freight transportation system, and this partnership will be instrumental in achieving that goal.” 

Source: MINING.COM – Read More