Diesel costs strengthening business case for electric HGVs, says UK haulier
By Eve
UK haulier Welch Group reports that rising diesel prices are reinforcing the commercial case for electric heavy goods vehicles, with internal projections suggesting annual savings of approximately £792,000 by 2035 as its electric fleet expands and charging infrastructure is shared with other operators. The company's financial model estimates that the all in cost of charging its own electric trucks could fall from approximately 42p per kWh in 2026 to 9.1p per kWh by 2035, assuming planned fleet growth and shared charging activity materialise. Analysis by New Automotive found that the surge in diesel prices since July is adding approximately £35 million a week to UK hauliers' fuel bills, with the average forecourt price reaching 199.9p per litre on 30 September, up 35p since 8 July.
Why it matters
The projections demonstrate how shared depot charging infrastructure can drive down operating costs for fleet operators, potentially creating new revenue streams for charge point operators serving the haulage sector. The modelled cost reduction from 42p to 9.1p per kWh by 2035 suggests significant economies of scale for depot charging sites that serve multiple operators.
Source
- Original title
- “Diesel costs “strengthening business case” for eHGVs”
- Published
- 9 October 2026
- Also covered by
- fleetpoint.org · gbnews.com · greenfleet.net
In this story
- Topic
- Electric Vehicles
- Place
- Global
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