Financing the Electrification of Heavy-duty Vehicles
This project aims to understand the finance needs for truck and bus electrification. Electrification offers the most promising route to decarbonise heavy vehicles. However, electric vehicles today remain more expensive on a total cost of ownership basis than conventional diesel vehicles, meaning additional finance solutions are needed.
This project will quantify the financial requirements for public transport bus operators and logistics companies transitioning to electric vehicles in different contexts. The project will then examine different financing solutions to bridge the gap in ownership costs; including subsidies, loans, de-risking, guarantees and public-private partnerships.
Sign-up for Publication Alerts for information on project outputs