<
https://thedriven.io/2025/05/20/we-were-surprised-electric-trucks-ready-to-overtake-diesel-on-lifetime-cost/>
"New research from the University of Exeter, UK, has found that electric trucks
are on course to overtake diesel equivalents on lifetime cost, much sooner than
expected.
The study also found that coordination between governments on policies such as
zero-emissions vehicle mandates could bring the cost parity tipping point
forward by up to two and a half years.
“We were surprised by our results – the tipping point is much closer than we
expected,” said study lead author Dr Amir Akther, from Exeter’s Global Systems
Institute.
“In some regions and vehicle categories – such as heavy- and medium-duty trucks
in China, and vans in India and China – electric vehicles are already cheaper
over their lifetimes than their diesel counterparts.
“In other regions, cost parity is expected before 2033.”
Around two-thirds of land freight globally is carried by road, and road freight
itself is responsible for about 6 per cent of global CO2 emissions.
As reported last week in
The Driven, the IEA’s latest EV sales figures
predict one in four cars sold globally this year will be electric, with the
world on track to hit 40 per cent by 2030.
According to that report, global electric truck sales increased by around 80
per cent in 2024, amounting to almost 2 per cent of all trucks sold worldwide.
It’s a major result driven substantially by a doubling of sales in China, where
the cost of electric trucks has pretty much reached parity with diesel
equivalents.
“They [China] have a huge advantage in the supply of domestically produced
batteries, along with heavily implemented city-level zero emission zones,”
explained Akther.
There are now 750 electric truck models available in China, Europe, and North
America."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
