SANY Group and Holcim Group have entered into a Letter of Intent (LOI) in Guangzhou, China, confirming a procurement framework valued at SFr100m ($126m) over five years.
The agreement sets out plans for SANY to supply Holcim with electric and autonomous construction equipment as part of efforts to advance electrification and automation in the sector.
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According to the agreement, SANY will provide 100 units of electric machinery within three years.
Additionally, SANY will deploy 20 autonomous mining trucks across Holcim’s international operations over two years.
This collaboration expands on joint projects between the companies that began in 2019.
The companies have previously conducted pilot initiatives involving SANY’s SY500H excavators and electric vehicle fleets in Europe and Latin America.
Alongside equipment delivery, SANY will implement its fleet management systems, intelligent driving solutions and automated dispatching services to support Holcim’s operational goals.
Holcim has outlined this partnership as part of its ‘NextGen Growth 2030’ strategy, which focuses on integrating new technologies in its business 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 parties indicated that this agreement aims to support transformation towards more sustainable construction processes through the adoption of electric and autonomous technologies.
In July 2025, SANY Silicon Energy, part of SANY Group, began building a solar power plant in Zimbabwe.
Runtu Mining Company commissioned the project, which represents SANY’s initial entry into Zimbabwe’s solar energy market.
The development introduces an engineering, procurement and financing model aimed at addressing customer financial requirements in Africa.
