The European Copper Institute has recently launched an online passenger car Total Cost of Ownership (TCO) Calculator Tool. Developed by the Mobility, Logistics and Automotive Technology Research Centre (MOBI) at the Vrije Universiteit Brussel, the goal of this unique tool is to help policy makers and consumer organisations make a fair comparison between combustion and electric vehicles, to enable the design of incentive schemes for market uptake.

The tool gives a first indication of the relative economics of various powertrains, providing guidance to users, consumer organisations and policy makers.

It requires just four simple steps:

  1. Select vehicle class: City, medium or premium.

  2. Choose one car in at least two of the six categories: diesel, petrol, compressed natural gas, hybrid electric, battery electric or plug-in hybrid electric.

  3. Indicate the anticipated annual mileage.

  4. Indicate the total years of ownership.

    Find the online tool here


Photo Credits ECI