Total cost of ownership parity between battery-electric trucks and diesel trucks in India
Visualization
Impact of policies on the TCO of 12-, 16-. 28-, and 42-tonne BETs in MY 2023.
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India’s path to electric trucks faces a key hurdle—cost. While battery-electric trucks cost more upfront than diesel trucks today, targeted policies can level the playing field. This powerful ICCT visual showed how a combination of purchase subsidies, tax waivers, and technical accommodations, could bring electric trucks to cost parity in India within a few years.
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