Ricardo Strategic Consulting and the California Fuel Cell Partnership are collaborating to provide economic modeling tools enabling the assessment of total cost of ownership (TCO) of future fuel cell trucks, and hydrogen stations necessary to support commercial operation. Deep insights can be provided into the economics of fuel efficient technologies of today and future using the Ricardo’s proprietary Total Cost of Ownership (TCO) modeling capability. Bill Elrick, CaFCP executive director said,”Medium- and heavy-duty fuel cell electric trucks will play a crucial role in reducing vehicle emissions in California, but are at the beginning stages of introduction. Ricardo’s TCO model provides an enabling toolset that will help CaFCP members develop a consensus view as to the potential of hydrogen fuel cell technology, as an alternative to diesel propulsion in truck fleets operating with California.”
Piyush Bubna, Ricardo Strategic Consulting said,”Economic modelling and assessment is vital in identifying and overcoming barriers to commercialization of advanced technology, and to developing a strong business case against which customers can invest. We are pleased to be collaborating with the California Fuel Cell Partnership by providing our extensive TCO economic modelling and analytical expertise and supporting the Partnership in its efforts to advance zero emission fuel cell technology in commercial truck applications.”
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