Mumbai, Feb. 15 -- German engineering company FEV recently released analysis on the economic efficiency of electrified commercial vehicles, suggesting that range extender architectures (REEV/Hybrid BEV) can reduce total cost of ownership (TCO) compared to diesel trucks.

According to data from FEV's research programme, TCO can be reduced by up to 33 percent depending on the driving cycle. In long-haul scenarios, the analysis indicates a cost reduction of approximately 14 percent. These figures are based on European usage profiles involving depot charging at industrial electricity rates of 19 cents (INR 20-21) per kilowatt hour.

The study identifies reduced battery size as a primary factor in cost-effectiveness. A REEV truck operates with...