EV vs ICE Mini-Excavators: Power, Cost, Sensitivity to Energy Pricing

23 October 2023 by Dr James Jeffs
This premium article takes a comprehensive look at electric excavators and compares them against their diesel equivalents. Here IDTechEx considers motor power against engine power, break-out force capabilities, and energy consumption. IDTechEx analyzes the total cost of ownership of both machine types, electric and diesel, to find the time to break-even, where the fuel and maintenance savings outweigh the higher initial upfront cost caused by expensive batteries. Moreover, this article shows analysis on how break-even might be impacted by changing fuel and electricity prices, revealing which has the biggest impact on the electric machine's financial viability.
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