The Return on Investment for a electric cargo bike is often more favorable in urban environments than that of a delivery bus. The purchase cost is between €4,000 and €9,000. An electric delivery bus quickly costs between €40,000 and €60,000.
"The math is actually quite simple," states Joeri. "Our customers usually earn back their CargoX within a year and a half. The savings on parking, fuel and maintenance just add up very quickly. With a van, that often takes four times as long."
Operational costs vary greatly: energy costs of €0.15-0.30 per 100 km versus €4-7, insurance of €10-20 per month versus €80-150, and virtually no parking fees versus €1,500-3,000 per year.
The average payback period is between 12 and 24 months, depending on usage and subsidies. For an electric delivery bus, it is 36 to 60 months.
Want a personalized ROI calculation? Then read our blog on electric cargo bike revolution in logistics..