CAPEX (Capital Expenditure)
Upfront investment spending on long-lived assets such as vehicles, chargers, and depot/grid upgrades.
Technical Details
In electrification projects CAPEX includes vehicle cost, charging infrastructure, civil works, and often grid connection or transformer upgrades.
Fleet Applications
Fleet electrification requires careful CAPEX planning and sequencing (phased rollout, modular infrastructure, funding/lease structures).
Related Terms
Depot Charging
Charging infrastructure located at a central facility where fleet vehicles return to park and charge, typically overnight.
TCO (Total Cost of Ownership)
A full-cost view of buying and operating a vehicle or fleet over its lifecycle, not just the purchase price.
OPEX (Operational Expenditure)
Ongoing operating costs such as energy, maintenance, labor, and administration.