Figure shows the total cost of ownership for the BETs using both the LFP and NMC options for the present, mid-term, and long-term scenarios. The TCO is comprised of the operating, and capital costs, without accounting for taxes or incentives. Our present and mid-term scenarios use 0.32 USD/kWh as the cost of electricity delivered to the truck from our baseline electricity price calculations. For the long term, we use the optimistic electricity price of 0.15 USD/kWh which features lower capital costs owing to economies of scale and higher asset utilization rates.