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RESOURCE: The prices of 45 electric buses and 69 electric trucks in the US analyzed

the largest analysis of its kind

Jaan Juurikas
Jaan Juurikas

Oct 10, 2025

Adventuring through the Canadian Rockies

EVWire brief: The ICCT released an analysis on the battery electric commercial vehicle pricing in the US, across Class 2B to Class 8. It analyzed 45 unique bus OEMs and 69 unique truck OEMs.

Here is the 33-page PDF.

Some of the findings:ย 

  • In the United States, prices for battery electric Class 5 vehicles and smaller are decreasing.

  • The prices of battery electric trucks of Class 6 and larger are increasing more often than decreasing.

  • The median price of battery electric Class 8 tractor trucks increased 27% since model year 2020 in the United States, with the largest price increase of 40% occurring between 2020 and 2021.

  • The median price of battery electric Class 8 transit bus prices in the United States increased by 13% from model year 2020 to 2025.

These are the trucks & buses represented in the study:

Specifically, they found that the median purchase prices of Class 6 and larger battery-electric commercial vehicles have risen since 2020, despite declines in battery costs and declining prices in other vehicle categories and regions โ€“ equivalent vehicles in the European Union became less expensive in the same time period.

Source: The ICCT


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