Data Shows Electric Truck, Car Fleet Owners Save 9% on Their Operating Costs

October 29, 2024 10:05:00

Recent analysis of fleet total cost of ownership (TCO) has revealed that electric trucks and cars are saving fleet owners 9% on operational costs. Using a tool built by the Electronification Coalition and the Dashboard for Rapid Vehicle Electrification, RMI analyzed data from various scenarios and found that the TCO of fleet EVs is lower compared to equivalent gas-powered cars, even with the inclusion of charging infrastructure costs.

Although the analysis only included the U.S. federal tax incentive for…

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