This paper reviews the existing studies employing total cost of ownership (TCO) analysis to evaluate the comparative economic viability of battery electric trucks (BETs) and diesel trucks (DTs). A key finding is that until recent years, BETs have not been cost-competitive with DTs. Light-duty trucks and medium-duty trucks started to become competitive in 2021 (1) according to some estimates, whereas heavy-duty trucks might remain to be not competitive even in future decades. However, (2) TCO estimates differ across continents. (3) The combing effect of fuel prices and taxes is most likely responsible for the fact that BETs enjoy a stronger competitive position relative to DTs in Europe, Asia, and Oceania, whereas, in North America, most estimates assign them poor competitiveness, both presently and in the coming years. (4) Most studies underline that significant cost disproportions persist in the heavy-duty truck segment due to its demanding operational requirements and a lack of robust high-powered charging infrastructure. Consequently, substantial financial incentives and subsidies will be required for heavy-duty trucks to enhance their economic viability, potentially accelerating cost parity from post-2035 to the near future. This paper identifies several constraints in its TCO analysis, including limited data on residual values, variability in discount rates, depreciation costs, and a lack of longitudinal and market data for BETs.

This paper investigates the economic competitiveness of hydrogen-powered trucks. It reviews the growing number of papers that provide an estimate of the total cost of ownership (TCO) of hydrogen-powered trucks relative to their diesel equivalents. It examines the methodology applied, the variables considered, the data used for estimation, and the results obtained. All reviewed studies conclude that hydrogen-powered trucks are not currently cost-competitive, while they might become competitive after 2030. The conclusion holds across truck types and sizes, hydrogen pathways, mission profiles, and countries. However, we find that there is still a huge area of uncertainty regarding the purchase price of hydrogen-powered trucks and the cost of hydrogen, which hampers the reliability of the results obtained. Various areas of methodological improvements are suggested.

This paper presents a comprehensive review of scientific papers and market reports analyzing the economic competitiveness of fuel cell electric buses (FCEBs) with respect to their conventional alternatives via the total cost of ownership (TCO) methodology. We discussed the variables and data taken into account and compared the resulting outcomes by year and geographical areas. It emerged that FCBs are not currently cost competitive. The decreasing trend in acquisition and fuel costs, however, indicates potential for future competitiveness. We find that the current TCO literature on FCEBs presents several areas of uncertainty and weakness. Potential improvements can be achieved by: (i) extending the geographic coverage to Asian and African developing countries; (ii) making use of real-world data instead of simulated data, in particular, concerning acquisition costs, hydrogen costs under different pathways, fuel efficiency, and maintenance costs; (iii) clarifying the role of infrastructural costs; (iv) exploring the existence of economies of scale at fleet level; (v) distinguishing among different bus sizes.

Achieving global carbon neutrality by 2050 requires active decarbonization efforts from both developed and developing countries, with the latter being responsible for most greenhouse gas (GHG) emissions. This study examines the potential of low-carbon mobility transitions, focusing on the electrification of light commercial vehicles (LCVs)—a rapidly expanding segment with high emissions in urban freight. While Total Cost of Ownership (TCO) analyses show electric powertrains to be cost-effective in developed markets, there is limited empirical evidence for developing economies. To address this gap in the research, this paper compares the TCO for electric LCVs (eLCVs) in Italy and Pakistan, representing contrasting stages of electric mobility adoption. Using a bottom-up model for Pakistan and robust datasets for Italy, this study assesses how macroeconomic conditions, tax structures, and policy frameworks shape lifecycle costs. The TCO assessment underscores a stark geographic divergence: in Italy, eLCVs (0.359 EUR/km) are currently 19.7% more expensive than their diesel counterparts (0.300 EUR/km). In contrast, Pakistan demonstrates favorable competitiveness for eLCVs, with a TCO of 0.119 EUR/km compared to 0.136 EUR/km for diesel equivalents. The analysis reveals stark contextual differences in cost components, infrastructure, annual distance travelled, and policy effects, highlighting the need for context-specific strategies. The findings offer practical guidance for policymakers and fleet operators, supporting more equitable and effective decarbonization strategies globally.

The deployment of hydrogen-powered public transport requires operators to decide not only whether to adopt fuel-cell buses, but also how hydrogen should be supplied. This study compares two sourcing strategies, as follows: on-site hydrogen production (Make) and external procurement (Buy). An operator-centered framework combining Levelized Cost of Hydrogen (LCOH) and Total Cost of Ownership (TCO) is applied to two Italian cases, using project-specific procurement and technical data from Monfalcone/Gorizia and Ferrara together with explicit modeling assumptions. Under base-case assumptions, Make yields an LCOH of €13.67/kg H₂ and a fleet TCO of €2.34/km, compared with €2.51/km for Buy at a delivered green hydrogen price of €12/kg. The deterministic break-even price is €10.25/kg, while both hydrogen configurations remain more expensive than diesel (€1.24/km). A probabilistic analysis based on 10,000 Latin Hypercube simulations and six uncertain parameters shows that Make is less costly in 78.8% of cases and Buy in 21.2%. The median probabilistic break-even price is €10.38/kg, with a 5th–95th percentile range of €8.79–12.38/kg. Delivered hydrogen price is the main driver, followed by Make CAPEX, fleet utilization, and financing conditions. Hydrogen sourcing therefore remains a strategic investment choice, with implications for capital exposure, renewable-energy integration, economic sustainability, and supply resilience.