T3CO: Transportation Technology Total Cost of Ownership

NREL's Transportation Technology Total Cost of Ownership (T3CO) tool enables levelized assessments of the full life cycle costs of advanced technology commercial vehicles.

Medium- and heavy-duty commercial vehicles operate in diverse vocations with varied duty cycles, performance, and technical and economic requirements. T3CO accounts for these operational variations as well as technology considerations associated with decarbonization.

The T3CO methodology, vetted by industry and stakeholders, employs best practices developed across U.S. Department of Energy total cost of ownership studies while addressing key gaps in standard methodologies.

Benefits of the Transportation Technology Total Cost of Ownership Methodology

Total cost of ownership is a critical metric for fleet decisions on adoption of advanced commercial vehicles. Taking a holistic approach, T3CO considers full life cycle costs, allowing fleet vehicle operators to objectively evaluate the costs and savings associated with converting traditional diesel operations to advanced technologies such as battery electric or fuel cell electric vehicles.

In addition to accounting for the direct costs of buying, maintaining, fueling/charging, and driving a commercial vehicle, T3CO quantifies indirect costs posed by new technologies—such as dwell time to charge/fuel, cargo capacity impacts associated with varied powertrain mass, and vehicle downtime. T3CO also leaves room for adaption as industry and technology evolve.

Extensible

Because of its modular architecture, T3CO can be expanded and integrated with existing models, such as infrastructure siting models. NREL is exploring options to enable integration with external powertrain simulation tools.

Integrated

A fully integrated Python model, T3CO features an end-to-end, cohesive approach for evaluating costs and enabling consistent comparisons across technologies and vocations, including trade-offs between conventional, battery electric, and fuel cell electric options.

Flexible

As demonstrated in NREL's Fleet DNA repository of more than 12 million miles of real-world commercial fleet vehicle operating data, such vehicles have unique operational requirements that must be factored into total cost of ownership analyses. T3CO meets the need for a common, inclusive methodology to ensure apples-to-apples comparisons.

Open

T3CO integrates NREL's FASTSim: Future Automotive Systems Technology Simulator. Because T3CO is based on nonproprietary models, it provides flexibility and transparency without sacrificing fidelity. T3CO's source code is openly available at no cost.

Uses and Applications

Researchers use T3CO to:

• Identify quantitative, goal-driven research and development needs
• Inform critical technical targets for medium- and heavy-duty electric vehicles and related electrical components to accelerate commercialization
• Assess electric vehicle charging and hydrogen fueling infrastructure needs and inform operations
• Help industry partners assess and prioritize research needs and measure technology impacts
• Conduct total cost of ownership analyses for conventional and electrified vehicles across various commercial vehicle vocations to predict project parity.

 

Future Vehicle Attribute Scenarios

These Excel spreadsheets provide information about medium- and heavy-duty vehicle attributes generated by the T3CO model, including detailed assumptions for two scenarios, interactive plots showing vehicle attributes over time for each scenario, and the underlying data. Data are also available as flat CSV files.

The Automotive Deployment Options Projection Tool webpage features corresponding market-driven future light-duty vehicle attribute scenarios.

Publications

TCO Analysis Approach and Regional Analysis of dWPT for Class 8 Tractors, NREL Presentation (2023)

Core Modeling & Decision Support Capabilities: FASTSim, RouteE, T3CO & OpenPATH, NREL Presentation (2023)

Powertrain Performance and Total Cost of Ownership Analysis for Class 8 Yard Tractors and Refuse Trucks, NREL Technical Report (2022)

Spatial and Temporal Analysis of the Total Cost of Ownership for Class 8 Tractors and Class 4 Parcel Delivery Trucks, NREL Technical Report (2021)

News

To learn more, read the news stories: 

NREL’s Commercial Electric Vehicle Cost-of-Ownership Tool Is Best in Class—And Free

Breakthrough Analysis Finds Electrified Heavy-Duty Vehicle Powertrains Could Provide Lower Total Cost of Ownership.

How To Cite T3CO

If you use T3CO for work described in a publication, please include a citation in your publication consistent with the following format:

Lustbader, Jason, Panneer Selvam, Harish, Bennion, Kevin, Payne, Grant, Hunter, Chad, Penev, Michael, Brooker, Aaron, Baker, Chad, Birky, Alicia, Zhang, Chen, and Carow, Kyle. "T3CO (Transportation Technology Total Cost of Ownership) [SWR-21-54]." Computer software. March 07, 2024. https://doi.org/10.11578/dc.20240806.4.

Contact

For more information about T3CO, email T3CO@nrel.gov.