Electric trucks deliver a lower total cost of ownership (TCO) in six out of nine major EU markets, which together account for 46 per cent of all new heavy trucks sold in the EU, a new T&E report shows.

In the Netherlands and Germany, savings can go up to €100,000 and €85,000 respectively over five years, with electric trucks reaching their payback time after only two years. With current high diesel prices, savings could rise to €123,000 and €106,000 respectively.

So more good news, but at the same time highly competitive Chinese and US e-trucks are now being sold with a considerably lower purchase price. , neither having the same environmental restrictions of them.

Stef Cornelis, director of freight and fleets at T&E said: “Europe’s truckmakers should be fully focused on increasing the scale of production of e-trucks to lower their up-front prices, rather than continuing their efforts to change the regulations. Every investor in the e-truck's ecosystem needs stable policy, not going back and forth. Maintaining the CO2 standards will be critical for Europe’s truck industry to compete with Chinese e-trucks and the Tesla Semi and avoid a repeat of what we saw in the auto industry.”

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