Mid-range savings over first five years of c. €45,000*
What’s more, all the extra costs would pay back well within the lifetime of the vehicle. Fuel efficiency improvements of 27% would result in savings of between €28,000 – €62,000 over the first five years, and produce average lifetime fuel savings of €74,175 per tractor-trailer. Moreover, ICCT estimates show that the extra costs associated with these technologies would generally payback within a year.
These savings increase dramatically with the higher tractor-trailer efficiency improvements of roughly 43% by 2030, generating lifetime fuel savings of €65,850‑€167,550 per tractor‑trailer. Even for these advanced technology improvements, ICCT studies show the payback period is usually less than 1.9 years. Given that the first ownership lifespan of tractor-trailers is estimated to be 5 years, these technology improvements have the potential to simultaneously reduce climate-related emissions and save hauliers a considerable amount of money.
*This mid-range figure is based on 27% fuel savings as the ICCT study includes some trailer enhancements in this calculation.