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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

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In the study, the economic comparison between powertrains is based on the total cost of ownership (TCO). The TCOs of all four powertrains is expected to converge after 2025—or earlier, with tax exemptions and/or incentives during the ramp-up phase. After 2025, the total cost of ownership (TCO) of all the powertrains converges.

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