Mobility Insights

As the transportation industry transitions towards greener technologies, understanding the total cost of ownership of electric vehicles (EVs) compared to internal combustion engine (ICE) vehicles is crucial for fleet operators and policymakers. The TCO analysis encompasses various electric truck costs, including initial purchase price, maintenance costs, energy costs, and depreciation.

The shift towards electric trucks is a pivotal element in Europe's strategy to reduce carbon emissions. To achieve the CO2 reduction target of 45 percent by 2030, Europe needs a robust and extensive charging infrastructure.¹

 As the shift towards sustainability accelerates, more companies are increasingly investing in Battery Electric Trucks (BET). According to a PricewaterhouseCoopers International (PwC) report, in 2030 BET are forecasted to account for one third of all trucks in Europe, North America, and Greater China.¹