It doesn't mean anything. This is what matters, and will continue to matter for the next 20 years. The bottom line. China and India are huge markets. Maybe a new CEO can get the ball rolling big time.
The costs are reported in current 2018 dollars on a net present value (NPV) basis using a 7% real discount rate.110 As shown, the cost of ownership for a new diesel truck with an average annual activity of 68,383 miles over a 12-year service life is approximately $598,000. Near-zero natural gas truck costs are estimated to be $625,000,within 5% of the total cost of ownership of a new diesel truck, and could be considered cost-competitive with new diesel trucks at the fuel price spreads assumed in this analysis. Battery-electric truck cost of ownership depends on the location where the truck charges, as this determines the utility rate. Within SCE territory, the current battery-electric truck is estimated to cost $799,000 over 12 years, about $201,000 more expensive than new diesel trucks. A BATS-compliant battery-electric truck is estimated to have a cost of ownership of $1.06 million, $463,000 greater than that of a new diesel truck due to the high capital cost of the larger battery. Within LADWP territory, the current battery-electric truck is approximately $620,000 more expensive and a BATS-compliant truck is $583,000 more expensive than a new diesel truck.
