ETEC

Name

ETEC

Legal name

ELM Bouwmachines b.v.

Website

https://etec.nl

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Electric Construction Equipment

NAICS

Construction Machinery Manufacturing (333120), Electrical Equipment, Appliance, and Component Manufacturing (335)

SIC

Construction Machinery & Equip (3531), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Excavators (IMAHAAAA)

akta.pro secondary industry

Construction & Industrial Equipment Rental/Leasing (Earthmoving, Material Handling, Aerial) (TLABAHAF)

Keywords

• Electric construction equipment
• Electric excavators
• Mobile battery systems
• DC fast charging
• Emission-free machinery

Headquarters

HQ city

Waddinxveen

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Electric Excavator Sales: Sale of fully electric construction equipment including mini excavators, midi excavators, wheeled excavators, and crawler excavators. Machines are developed and produced in-house.
2. Equipment Rental: Rental services for electric construction equipment to provide flexible access to emission-free machinery.
3. Powerbox and Energy Solutions: Sale of mobile battery systems (Powerbox series), charging infrastructure, and energy storage solutions to support emission-free operations.
4. Repair and Maintenance Services: Full-service maintenance, repairs, and modifications for machines and energy systems performed in-house.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

ETEC manufactures and sells fully in-house developed, series-produced electric construction excavators ranging from the E36C mini excavator up to the E250LC large crawler excavator, along with mobile battery systems (Powerbox series), modular Powerhub energy infrastructure, and the E40DC mobile DC charging station. The company also offers rentals, repairs, and maintenance, positioning its offering as a total solution for emission-free earthmoving and on-site clean power.

Product overview

ETEC provides a complete portfolio of electric construction equipment and energy solutions for emission-free earthmoving. The product line centers on electric excavators ranging from compact mini units (E36C) to heavy-duty crawler excavators (E250LC), complemented by mobile battery and charging infrastructure. The Powerbox series (175, 190 DC, XL 380 DC) provides portable energy storage with optional DC fast chargers (up to 200 kW), while the E40DC mobile charging station offers 40 kW charging capability. The Powerhub modular units (8/10/20 ft) enable flexible energy infrastructure deployment. All products utilize LFP (LiFePO4) battery technology and are developed and produced in-house at the company's 10,000 m² facility in Waddinxveen, Netherlands.

Differentiator

Problem solved

Functional benefit

Products and services

• ETEC E36C Electric Mini Excavator Electric mini excavator developed and produced in-house by ETEC, designed for compact excavation tasks in emission-free zones such as urban and indoor sites.
• ETEC E88C Electric Midi Excavator Electric midi excavator offering enhanced power and capacity for medium-sized excavation projects, produced in-house by ETEC.
• ETEC E100W Electric Wheeled Excavator Electric wheeled excavator providing mobility and zero-emission performance for construction sites, developed and produced in-house by ETEC.
• ETEC E160W Electric Wheeled Excavator Electric wheeled excavator with extended capabilities for larger excavation operations, produced in-house by ETEC.
• ETEC E190W Electric Wheeled Excavator Electric wheeled excavator designed for heavy-duty earthmoving with emission-free operation, produced in-house by ETEC.
• ETEC E230LC Electric Crawler Excavator Electric crawler excavator delivering high performance for demanding excavation tasks, developed and produced in-house by ETEC.
• ETEC E250LC Electric Crawler Excavator Electric crawler excavator providing maximum power and stability for large-scale earthmoving, produced in-house by ETEC.
• ETEC Powerbox 175 Mobile battery energy solution (175 kWh) with plug & play operation and an optional 160 kW DC fast charger, used to provide emission-free power on construction sites and at events.
• ETEC Powerbox 190 DC Mobile battery system (190-971 kWh) with 150 kW DC fast charger capability for powering equipment and charging electric vehicles on site.
• ETEC Powerbox XL 380 DC High-capacity mobile battery system (378-1,174 kWh) with DC fast charging up to 200 kW and LFP battery technology for emission-free power supply at construction sites and temporary locations.
• ETEC Batterij Box 199 Battery box system with 199 kWh capacity for mobile power supply applications, part of ETEC's Powerbox family of mobile energy storage products.
• ETEC E40DC Mobile DC Charging Station Robust 40 kW mobile DC charging station with steel housing, CCS2 connector, 63A CEE input, and forklift pockets and crane lifting eye for easy mobility, designed for on-site vehicle and equipment charging.
• ETEC W-TEC Box Standalone energy storage and management solution for electric construction equipment, part of ETEC's in-house developed energy ecosystem.
• ETEC Powerhub Modular power infrastructure solution available in 8 ft, 10 ft, and 20 ft configurations, enabling flexible deployment of energy infrastructure on construction sites and at temporary locations.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• ELM Groep (ELM Bouwmachines B.V.)parent_companyStrategic or Co-development PartnerETEC is a division of ELM Groep. ELM Bouwmachines B.V. is the parent company based in Waddinxveen, Netherlands, operating as the data controller for ETEC's websites and business operations. ELM provides the organizational infrastructure including HR, legal, and operational support for ETEC's electric equipment business.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Volvo Construction Equipment: Volvo CE is a leading global construction equipment OEM with an expanding line of electric compact excavators and wheel loaders. It is comparable to ETEC as a direct electric-excavator competitor but with vastly greater scale, global dealer reach, and broader product portfolio.
• JCB: JCB is a major construction equipment manufacturer with a dedicated E-TECH range of electric mini excavators and telehandlers. It competes head-on with ETEC's electric excavators while also serving a much wider global customer base and equipment categories.
• Bobcat (Doosan Bobcat): Bobcat produces compact electric excavators and loaders and competes in the same zero-emission compact equipment niche as ETEC. It is comparable on product overlap but brings a far larger global dealer and service network.
• Caterpillar: Caterpillar is the largest global construction equipment OEM and has publicly disclosed electric and battery prototype programs targeting compact machines. Although not a focused electric specialist, its entry into the same category positions it as a long-term competitive threat to ETEC.
• LiuGong: LiuGong is a major Chinese construction equipment manufacturer with a growing electric excavator portfolio. It is comparable as an electric-excavator competitor but with significantly larger scale and global reach, primarily competing on price rather than integrated energy solutions.
• XCMG: XCMG is one of China's largest construction equipment OEMs and has launched electric excavator models. Comparable to ETEC as an electric-excavator competitor, but it operates at global incumbent scale with much broader equipment categories.

Direct peers

• Wacker Neuson: Wacker Neuson is a European compact equipment manufacturer with an explicit zero-emission product line of electric mini excavators, dumpers, and wheel loaders. It is one of ETEC's closest direct peers given its European focus and comparable electric excavator offering.
• Mecalac: Mecalac is a European manufacturer of compact construction equipment with an e12 electric excavator and other zero-emission machines. It is highly comparable to ETEC given its European base, electric-first positioning, and similar product scope.
• Avant Tecno: Avant Tecno produces compact articulated loaders and mini excavators with a fully electric e-series. Comparable to ETEC as a European compact equipment specialist transitioning to electric powertrains, though its focus skews toward loaders rather than excavators.

Emerging players

• Green Machines (Hinowa): Hinowa, an Italian tracked-equipment manufacturer, offers electric mini excavators and tracked carriers for urban and indoor applications. Comparable to ETEC's mini excavator focus and zero-emission positioning, with a smaller, niche geographic footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ETEC