Measuring (and Minimizing) EV Total Cost of Ownership
Total cost of ownership for electric vehicles (EVs) depend on up-front costs, maintenance and fuel costs, and resale value. Here’s what to consider when calculating TCO.
February 12, 2020
Total cost of ownership for electric vehicles (EVs) depend on up-front costs, maintenance and fuel costs, and resale value. Here’s what to consider when calculating TCO.
February 12, 2020
Extending truck replacement cycling parameters beyond stated fleet policy is typically a short-term tactic used by senior management to solve a budgetary constraint; however, there are long-term fleet consequences to this strategy.
June 9, 2017
Stable fuel prices were the primary reason fleet costs remained flat. Also, national accounts did not increase prices for oil changes and replacement tires. Maintenance costs were up for fleets that extended vehicle cycling.
November 12, 2010
Fuel costs, the largest fleet operating expense, declined dramatically in the 2009 calendar-year due to a sharp decline in worldwide consumption. Also, many fleets have downsized, which contributed to a lower overall fuel spend.
November 6, 2009
The biggest factor behind the spike in medium-duty operating costs was the increase in diesel prices, which jumped 32 percent from the then-historical high in 2007. Other factors included increased labor rates and higher taxes.
April 22, 2009
For calendar-year 2008, the year-to-date cost of fuel has increased 30 percent, the price for replacement tires rose 5-10 percent, and the cost for non-warranty maintenance services was up 5 percent.
November 1, 2008
The high cost of fuel was the key reason for increased operating expenses. The spike in fuel prices also contributed to the higher cost of replacement tires and, indirectly, to higher maintenance expenses.
March 1, 2007
Continued use of recapped tires and lengthened PM intervals have kept medium-duty truck operating costs relatively flat for utility/railroad, delivery, and service fleets in 2004.
October 1, 2005
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