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Total Cost of Ownership (TCO) of E‑Trucks: A strategic guide to embracing electric transport”

SVETLANA NIKOLAYONOK 1 HR
written by Svetlana Nikolayonok
Published on:
Future logistics
EnergyEV charging stations

The transition to electric trucks is a significant but complex decision. During our recent webinar on the Total Cost of Ownership (TCO) of e‑trucks in Belgium, experts shared insights, trends, and practical tools to help organisations make informed choices. In this blog, we summarise the key points and explain why a robust TCO analysis is an indispensable tool in the shift towards sustainable transport.

What is TCO and why is it essential?

The Total Cost of Ownership (TCO) goes beyond the purchase price. It encompasses all costs incurred over a vehicle’s lifecycle, such as:

  • Energy Costs: Diesel versus electricity, including charging options (depot or on-the-go).
  • Maintenance and Repairs: How do these differ between diesel and electric vehicles?
  • Residual Value: What is the expected value after 5 – 7 years of use?
  • Insurance and Taxes: How do subsidies and tax benefits influence the total costs?

This holistic approach enables an objective comparison between diesel trucks and electric alternatives. As highlighted in the webinar, TCO not only helps manage costs but also facilitates strategic investments in sustainable solutions.

Insights from the Webinar

During the webinar, key trends and calculation models were discussed. Here are some highlights:

Global Trends in E‑Mobility

  • China leads the way, accounting for 80% of all zero-emission registrations worldwide.
  • In Europe, the market is growing rapidly, especially in Germany and Scandinavia, while Poland and other Eastern European countries lag behind.
  • Electric trucks are primarily used for urban distribution, municipal services, and construction logistics.

Concrete TCO Calculations

  • Calculations revealed that an electric truck can already be competitive with diesel trucks at 75,000 km/​year. At higher mileage, the cost advantage increases further.
  • Depot charging is on average 5% cheaper than on-the-go charging, especially when using self-generated energy (e.g., via solar panels).
  • Battery costs continue to decline while performance improves, making e‑trucks increasingly attractive.

Key Variables

  • Energy Costs: Depot charging can cost as little as 7 – 9 cents per kWh*, while public charging is often more expensive.
  • Infrastructure Investments: Consider transformer capacity and charging stations, which require a long-term strategy.
  • Residual Value: Although battery residual value remains uncertain, it can be enhanced through reuse in stationary applications.

*This is approximately the minimum cost, provided that factors like self-generated energy, local storage, and active participation in the energy market are in place.

The Future of Zero-Emission Transport

Beyond cost considerations, legislation and subsidies also play a crucial role. From 2027, the transport sector will be included in the European Emissions Trading System (ETS2), which will further increase diesel costs. Meanwhile, subsidies such as the Flemish Ecology Premium remain a key driver for companies to make the switch.

Why Partner with WDP?

At WDP, we understand that every organisation is unique. That’s why we offer tailored solutions, from charging infrastructure analysis to full installation and maintenance. Our goal? To make your transition to electric transport as smooth and cost-effective as possible.

Rewatch the Webinar

Did you miss the webinar or want to revisit specific topics? No problem! The full recording is available and can be accessed via this blog. Click the link below to watch the webinar:

With the insights from the webinar and the right guidance from WDP, you can strategically invest in a more sustainable future. Contact us to discuss your possibilities!

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