Dana Incorporated on Thursday launched a total-cost-of-ownership calculator for commercial vehicles market to help fleets and independent operators make comprehensive cost comparisons between traditional diesel platforms and full-electric powertrain solutions.
Mark Wallace, president of Dana Commercial Driveline Technologies, says fleets are closely evaluating the costs to potentially transition from diesel to electric platforms as they seek to move goods more responsibly, adding the company’s new analytics tool “provides an extensive review of the total cost of ownership for diesel and electric powertrains, aiding fleets as they explore electrification’s role in their operations.”
Dana’s easy-to-use calculator requires minimal input and includes visual prompts for simple navigation. Prior to beginning an assessment, users can choose to include their specific cost of ownership details, such as vehicle acquisition cost, taxes, tolls and maintenance fees. If this information is not readily available, the calculator is pre-populated with common operating parameters for six key “electrification-first” applications. Designed with the flexibility to tailor the calculations to a user’s unique situation, Dana’s calculator is able to address the needs of its diverse customer base, including regional considerations for units of measurement and currency.
Total cost of ownership calculations include fuel, equipment, and a total of “other” costs to provide a summary assessment of the total cost per mile and the total annual cost for operation. Users can toggle between the diesel evaluation and the full electric evaluation, as well as display both calculations for a side-by-side comparison.
Future enhancements to the calculator will include alternative power variants, as well as the ability to customize powertrains featuring specific Spicer Electrified with TM4 systems.