Cement Manufacturers Association (CMA)

44 Parameter Diesel Truck Electric Truck (BET) Source Upfront capital cost Baseline (1×) 2.0–2.5× diesel price [9] Battery cost (% of vehicle) Not applicable 45–55% of truck cost [9] Current battery price N/A ~USD 110/kWh [9] Viability battery threshold N/A <USD 90/kWh [9] Maintenance cost Higher (oil, filters, many moving parts) Lower (fewer moving parts) [10] TCO at ₹200/kWh battery (25T) ₹54.6/km ₹42.0/km (23% lower) [9] TCO under mature manufacturing Baseline ~16% lower [10] Estimated payback period N/A <5 years (high utilisation) [9] Table 5: TCO Comparison – Diesel vs. Battery Electric Trucks (India) Figure 2: Total Cost of Ownership Comparison – Diesel vs. Battery Electric Trucks across vehicle classes and manufacturingmaturity scenarios (₹/km). Source: UCLA IOES [9]; SAGE Journals [10]. 35T Truck (Current) ₹54.6 ₹42.0 ₹61.2 ₹55.0 ₹58.0 ₹48.6 Diesel Truck Electric Truc 25T Truck (Current) 35T Truck (Mature Mfg) 70 60 50 40 30 20 10 0 Total Cost of Ownership (₹/km)