# SANY and Holcim sign LOI for 100 electric vehicles and 20 autonomous trucks

SANY Group and Holcim signed a Letter of Intent for a procurement framework totaling 100 million Swiss francs over five years, including delivery of 100 electric equipment units within three years and 20 autonomous mining trucks within two years.

- Type: Contract
- Announced: 2026-03-20
- Where: Guangzhou, China
- Value: $112.0M (100.0M CHF)
- Status: announced
- Products: electric equipment, autonomous mining trucks
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [SANY Group](https://endata.com/companies/15954.md)
- [Holcim](https://endata.com/companies/15354.md) (customer)

## Sources

- [im-mining.com](https://im-mining.com/2026/03/20/sany-agrees-100-strong-electric-fleet-deal-with-holcim-plus-commits-to-20-autonomous-mining-trucks/), 2026-03-20: "The economic viability and Total Cost of Ownership (TCO) advantages of SANY’s electric equipment have been thoroughly validated in real-world scenarios."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.