SANY Group and Holcim Group have formalised a Letter of Intent (LOI) in Guangzhou, China, establishing a procurement framework worth SFr100m ($126m) over a five-year period. The arrangement outlines a structured supply plan centred on electric construction equipment, with both companies positioning the agreement as a step towards advancing electrification and automation across construction operations.
Under the agreed terms, SANY will deliver 100 units of electric machinery within three years, alongside the deployment of 20 autonomous mining trucks across Holcim’s global sites over a two-year timeline. This builds on a collaboration that dates back to 2019, during which both groups executed pilot projects involving SANY’s SY500H excavators and electric vehicle fleets in Europe and Latin America. The latest framework also includes the integration of fleet management systems, intelligent driving solutions, and automated dispatching services, designed to support operational efficiency and digitalisation objectives tied to electric construction equipment adoption.
The partnership aligns with Holcim’s ‘NextGen Growth 2030’ strategy, which prioritises the incorporation of advanced technologies into its operating model. Holcim Operations Excellence and Strategy president Ram Muthu said: The economic viability and Total Cost of Ownership (TCO) advantages of SANY’s electric equipment have been thoroughly validated in real-world scenarios. This gives us the confidence to accelerate our transition toward a net-zero fleet. In 2025, Holcim reported net sales of SFr15.7bn across operations in 43 markets.
SANY board director Peng Song said: SANY is committed to its ‘Three Transformations’ strategy: Globalisation, Digitalisation and Decarbonisation. By partnering with a global giant like Holcim, we are proving that Chinese high-end machinery can lead the way in premium, sustainable engineering scenarios worldwide. Both companies indicated that the agreement is intended to accelerate the shift toward more sustainable construction processes through the adoption of electric and autonomous technologies. Separately, in July 2025, SANY Silicon Energy, part of SANY Group, began constructing a solar power plant in Zimbabwe for Runtu Mining Company, marking its entry into the country’s solar energy sector with an engineering, procurement and financing model.