Replies to post #28100 on The Rising Influence of Rising Affluence

[DewDiligence]

CAT—>Premiere player in transition to EVs:

jbog, what makes CAT a premiere player in the transition to EVs is not what CAT is doing with the equipment it sells to mining companies. Rather, CAT is a premier player in the transition to EVs because EVs require 6x the volume of mined materials as ICEs, which will greatly increase the demand for CAT’s heavy-duty mining equipment.