Electric Vehicles Total Cost of Ownership tool launch

As part of the IEA's work under the Thematic Working Group 1 of the Global Programme to Support Countries with the Shift to Electric Mobility, funded by the Global Environment Facility, the IEA is launching a new tool for calculating the total cost of ownership (TCO) of various types of light-duty vehicles. The tool aims to support road transport electrification and decarbonisation by serving as a guide for users in better understanding the potential cost benefits of electric vehicles in comparison with other type of vehicles.