DOE recommends that trucking companies seek government incentives to offset upfront costs for zero-emission vehicles

Fuel TechHigh Tech / High TouchElectric VehiclesSalesMoney MattersInflation
Written By Jennifer Joslyn

It’s no grand secret: the transition to green energy-operated heavy duty vehicles has a hefty price tag. The Department of Energy’s Vehicles Technologies office has laid out a report for trucking companies titled the “2022 Incremental Purchase Cost Methodology and Results for Clean Vehicles.” The DOE’s aim is be transparent about the steep upfront costs associated with Class 8 electric and fuel cell trucks and to advise companies with ways to take advantage of government incentives.

For example, the baseline price for a representative vehicle is about $160,000. Comparatively, a battery-electric heavy truck should increase that price tag by 186% to $457,000 and by 103% to $324,000 for a plug-in hybrid version. These figures do not include the cost of ownership, including repairs and maintenance. This has led Lydia Vieth, research analyst in electrification and autonomy at ACT Research, to call the DOE’s report as fairly “optimistic”.

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Jennifer Joslyn
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