Power Progress International | The life of an electric machine

Flash Battery has published details covering total cost of ownership of machines with various powertrain types. Roberta Prandi takes a look at the details

Total cost of ownership (TCO) remains a key consideration when facing the purchase of a new industrial vehicle or mobile working machine. This is even more important when buying an electric or hybrid vehicle and especially for those applications where the machine is an essential element of the owner’s income.

Basic cost is a primary concern, but working out the TCO can highlight how investment in a new machine can be evaluated beyond the initial purchase price.

Across most of the European Union, a move to more sustainable technologies is part of the policy shift intended to support environmental protection goals (as in the EU’s Green Deal 2050). In these areas, manufacturers of off-highway machinery and industrial vehicles will have to manage compliance by selecting either a hybrid ( IC engine/battery-electric powertrain) or pure-electric vehicle.

Italy-based lithium-ion battery manufacturer Flash Battery has carried out analysis of the TCO for electrified mobile working machines or industrial vehicles to offer the prospective buyer a clearer scenario of future outgoings.