As EU hauliers face another diesel price shock, electrification offers the only realistic option to protect them against future oil crises
Electric trucks deliver a lower total cost of ownership (TCO) in six out of nine major EU markets, which together account for 46% of all new heavy trucks sold in the EU, a new T&E report shows. In the Netherlands and Germany, savings can go up to €100,000 and €85,000 respectively over five years, with electric trucks reaching their payback time after only two years. With current high diesel prices, savings could rise to €123,000 and €106,000 respectively.
European truckmakers have dominated the market to date. But highly competitive Chinese and US e-trucks are now being sold with a considerably lower purchase price. In Germany, this would mean €34,000 more savings over five years. In an industry of small margins focused on profit, this should act as a wake up call for European truckmakers, which must speed- and scale-up the production of e-trucks to remain market leaders, T&E says. (....)