Electric trucks are quickly approaching cost parity with diesel trucks

Dropping battery costs alongside other efficiency gains are creating rapid drops in the purchase cost of medium- and heavy-duty trucks. The years below indicate when price parity is expected in the US truck market between battery electric and diesel powertrains.


Here are some examples of these weight classes:
Class 4: Small to medium box trucks
Class 6: Beverage trucks and school buses
Class 7: Dump trucks, garbage trucks, fire trucks
Class 8: Tractor trailers; "long haul" means trucks driving very far each day with accommodations like sleeper cabs for drivers
Source: Energy Innovation & ICCT