Which electric HGV is the lowest cost for my business?

Electric HGV Comparison Calculator

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Electric HGV Comparison

Compare total cost of ownership between electric HGVs available in the UK

🚛 Select Electric HGVs to Compare (Choose 2-4)

📊 HGV Comparison Summary

🏆 Select HGVs and calculate to see which offers the best value

📋 Assumptions and Sources - HGVs

  • HGV prices based on manufacturer list prices and current UK market data (Q4 2024)
  • Government grants applied: Up to £25,000 for 7.5-18t HGVs, up to £40,000 for larger HGVs (OZEV, 2024)
  • Electricity costs: £0.28/kWh for rigid HGVs, £0.25/kWh for articulated HGVs with demand management (Ofgem 2024)
  • Maintenance costs: 50-55% lower than diesel equivalents (Logistics UK, RHA 2024)
  • Insurance premiums: 25-30% higher than diesel equivalents (RHA, 2024)
  • Residual values: 30% after 5 years, adjusted for electric HGV market development
  • HGV efficiency data from manufacturer specifications and independent testing (Transport & Environment, 2024)
  • Enhanced Capital Allowances and commercial vehicle tax benefits included
  • 6-weekly roadworthiness testing and annual MOT costs included

Sources: HGV manufacturers, Commercial Motor, Fleet News, Road Haulage Association (RHA), Logistics UK, Office for Zero Emission Vehicles (OZEV), Transport & Environment

The results provided by this calculator are estimates only and should not be construed as guarantees. Actual costs may vary due to vehicle configuration, maintenance, insurance, usage patterns, local fuel prices, incentives or taxes. Always consult an approved dealer or fleet expert before making purchasing decisions.

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