TCO Optimization tool

According to the North American Council for Freight Efficiency (NACFE), the Total Cost of Ownership (TCO) components of a Class 8 Battery Electric Vehicle (BEV) are, from highest to lowest: Labor, Vehicle cost, Fuel, Taxes and fees, maintenance and repair, insurance, payload, and financing.

This makes sense. But many TCO calculators and consultants don't account for the labor component accurately, as it is signifcantly related to delivery network design and vehicle routing. In many instances we see that they use averages or historical telematics data that are deeply flawed as inputs to what the real customer-driven fleet requirements are throughout the course of a year. For example, if you have to cover 10,000mi of deliveres from a DC and that would require 10 x 1,000mi rig routes, swapping in 5 BEVs with only a 500 mi range means you need more break and charging time, and potentially more driver shifts. So 10 full time driver shifts in diesel trucks could now be 12 or even 15 driver shifts in a mix of ICEs and BEVs. 
 
For more info, please visit: TCO Optimization

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