
CAPABILITY //
TCO Tool for BEV & hybrid vehicles

Dr Erik Isokangas
CHIEF OPERATING OFFICER
STATUS
IN PROGRESS / TRL6
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Challenge
As mining companies and logistics providers seek to decarbonise haulage and freight operations, decision‑makers face a growing challenge: how to objectively compare conventional diesel trucks with emerging low‑emissions alternatives such as hydrogen fuel cell and battery‑electric vehicles. These comparisons are complex, highly context‑specific and sensitive to assumptions about routes, utilisation, energy costs and operating conditions. Existing tools were often fragmented, opaque, or too generic, making it difficult for technical sales teams and operators to confidently build robust business cases or clearly communicate total cost and performance trade‑offs to customers.
Solution
Mining3 worked with MARVAL, a logistics company, to develop a Total Cost of Ownership (TCO) Toolkit that provides a consistent, transparent and defensible way to evaluate and compare truck powertrain options. The toolkit brings together technical performance data, operating assumptions and economic inputs into an intuitive, modular modelling environment that calculates transport cost and TCO across metrics such as cost per kilometre, per trip and per tonne‑kilometre. A secure simulation architecture allows complex calculations to be run reliably while protecting proprietary models. The result is a practical, decision‑ready tool that enables MARVAL to support customers with evidence‑based assessments of low‑emissions transport solutions and to accelerate informed uptake of cleaner haulage technologies.
The Benefits
Enables confident decision‑making by providing a transparent and consistent framework to compare diesel and low‑emissions truck technologies on a like‑for‑like basis.
Improves accuracy of business cases through integrated cost modelling and simulation across key transport metrics such as cost per kilometre, trip and tonne‑kilometre.
Accelerates adoption of low‑emissions solutions by clearly demonstrating the economic implications of hydrogen, battery and other alternative powertrains.
Supports customer engagement and sales with an intuitive, user‑friendly tool that helps to communicate complex cost insights in a practical, evidence‑based way.
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