Assessing Financial Barriers to the Adoption of Electric Trucks

This report examines the market landscape and financial barriers for electric truck adoption among retailer shippers and transportation partners. The analysis includes independent total cost of ownership calculations for electric trucks across 40,000+ scenarios, finding that medium- and heavy-duty EVs are cost competitive in some use cases under current market conditions. Key factors affecting competitiveness include charging costs and availability of upfront vehicle incentives. The study includes a 2-page dashboard tool comparing cost per mile for electric versus diesel procurements.