A report by **Transport & Environment (T&E)** highlights that a French company buying an electric truck made in Europe instead of a diesel truck could save around 50,000 euros over the truck's lifetime. If cheaper electric trucks from China enter the market, the savings could rise to 85,000 euros. The report points out that in six of the nine major European heavy truck markets—including Germany, France, Denmark, Sweden, the Netherlands, and Belgium—electric trucks are already cheaper to operate than diesel trucks. However, these savings are heavily influenced by public policies that support the shift to electric vehicles.
According to T&E, three main factors determine the total cost of ownership: the truck's purchase price, the cost of energy, and toll rates. Ahead of the presidential elections in France, T&E has made three requests to the government. One involves the incentive mechanism for reducing the carbon intensity of fuels (IRICC), which has been approved by the Senate but not yet passed by the National Assembly. Another request concerns the transport framework law, which has been adopted by the Senate but is still pending. The third focuses on toll roads, noting that in countries like Germany, Austria, Denmark, and the Netherlands, zero or low-emission trucks already receive preferential toll rates. In Germany, toll exemptions can almost cover the higher purchase cost of electric trucks over five years, but in France, toll benefits based on emissions can only apply to new or renewed contracts, delaying their impact beyond 2027.
The report also notes that savings should be viewed with caution, as factors like annual mileage, recharging methods, and the residual value of electric trucks can significantly affect their economic appeal. The residual value of electric trucks is not well established, with estimates ranging from 0 to 20 percent, compared to 25 to 50 percent for other vehicles. Additionally, the cost per kilometer varies depending on whether the truck is recharged at night in a depot with negotiated electricity contracts or uses high-power public charging stations with higher rates.
Beyond cost savings, the report underscores the importance of public support, such as purchase incentives, carbon credit mechanisms on energy, and toll reductions. Similar findings have been noted by the hydrogen industry, with the consortium **H2Accelerate** stating that fuel cell trucks could reach cost parity with diesel in Germany using the same policy levers. The same applies to **bioLNG**, which has benefited from the implementation of the German **THG Quote**, allowing it to widen its gap with diesel and become central to the decarbonization strategy of manufacturers.
Electric Trucks' Cost Savings Depend on Policy and Market Factors
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