Toyota’s commercial vehicle division has published comprehensive total cost of ownership data for the Proace Electric, and the numbers make compelling reading for fleet managers. Over a four-year, 80,000-mile cycle, the Proace Electric delivers a £6,200 lower TCO than its diesel equivalent when operating primarily in urban environments. The figures account for the higher purchase price, lower fuel and maintenance costs, and benefit-in-kind tax advantages for company van drivers. Toyota’s renowned reliability record extends to the electric drivetrain, with the company offering an industry-leading 10-year battery warranty. Residual values have stabilised following an uncertain early period in the electric van market.
