Iran-linked diesel price spike makes electric trucks cheaper than diesel in key EU markets, environmental group says
Transport & Environment said electric trucks can save up to €100,000 over five years in some EU markets as diesel prices rise.
- A report published on Monday by Brussels-based Transport & Environment found that electric trucks are now cheaper to operate than diesel models in six major European Union markets, accounting for 46% of new truck sales.
- Rising diesel prices following this year's Iran-linked oil price spike strengthened the business case for electrification, prompting operators to seek alternatives as the transition has been slowed by high purchase prices and patchy charging infrastructure.
- Operators in the Netherlands, Germany, and Denmark can see five-year savings of up to €100,000, €85,000, and €69,000 respectively, T&E reported, with electric trucks reaching payback time after around two years.
- Stef Cornelis, director of freight and fleets at T&E, urged truckmakers to focus on increasing production scale to lower prices rather than seeking delays to the EU's 2030 CO2 targets.
- Maintaining 2030 CO2 standards remains critical for European industry to compete with Chinese electric trucks and the Tesla Semi while avoiding a repeat of the auto industry's decline.
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24 Articles
While diesel trucks still account for the lion's share, their electric cousins, less polluting and more economical at the time of expensive fuels, are making a significant breakthrough in sales of new vehicles. The European Commission wants to facilitate and encourage this shift already largely initiated in China.
The price of diesel oil has risen almost 40% in Spain since January and it rubs the 2 euros per litre, but the electric alternative for heavy transport is already more profitable in most of Europe.A report published this Monday by the organization Transport & Environment (T&E) shows that the electric truck turns out to be ... Continue reading "Spain is not on the list: electric trucks cost less than diesel in six European markets"
A study by the European Transport and Environment Organization shows that the sharp rise in diesel prices in Europe has led to an increase in the demand for electric vehicles, including trucks, as a result of their lower operating cost.
Electric Trucks Cheaper To Operate Than Diesel For Almost Half Of Trucks Sold In EU — New Analysis - CleanTechnica
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 ...
For a long time, Mercedes and Volkswagen failed to inspire companies to drive E-Lkw. Now there is a turnaround in the trend. But there is a well-known problem: the competition from China.
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