Company says its e-bus tender bid relied on 12-year cost realism

The total cost of ownership (TCO) of an electric truck (e-truck) becomes comparable to that of a diesel truck in three to five years, after which owners increasingly benefit from lower fuel costs because electricity is cheaper than diesel, Girish Wagh, managing director and chief executive officer of Tata Motors, said in an interview with Business Standard on Tuesday. TCO refers to the combined cost of acquiring, operating, and maintaining a vehicle over its entire lifecycle....

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Via business-standard.com