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Import 120 kW DC EVSE from China to Iceland — Truck-Stop CCS2: TCO & Landed Cost

Verdict (EV-vs-ICE fleet case, 120 kW CCS2 DC EVSE, CN → Iceland, 5-year horizon, 8% discount rate, evidence date 2026-09-21): NPV 142,617 USD; simple payback 1.10 yr; discounted payback 1.21 yr; TCO/km EV 0.107 USD/km vs ICE 0.416 USD/km — savings 0.3086 USD/km (617,300 USD over 5 yr). The decision is throughput-driven: at the modelled utilisation the project clears CapEx in ~13 months. Limitation: figures come from our scenario TCO model with explicit bounded defaults for inputs the draft did not state (residual value, fleet km/yr, kWh/km, diesel L/km, electricity USD/kWh, maintenance USD/km, ICE CapEx). Replace with vendor and DSO-confirmed numbers at RFQ.

142,617 USDNPV (5 yr, 8% disc.)
1.10 yrSimple payback
1.21 yrDiscounted payback
0.107 USD/kmTCO/km — EV
0.416 USD/kmTCO/km — ICE
0.3086 USD/kmSavings/km

0. Decision table (scenario model output)

TCO summary
MetricValue
CurrencyUSD
Horizon (years)5
Discount rate8.00 %
Total undiscounted cost (USD)79,679.39
Total discounted cost / PV of costs (USD)74,586.49
Total undiscounted benefit (USD)272,000.00
Total discounted benefit (USD)217,203.43
NPV (USD)142,616.93
IRR0.8650
Simple payback (year)1.10
Discounted payback (year)1.21
TCO per km — EV (USD/km)0.1074
TCO per km — ICE (USD/km)0.4160
Savings per km (USD/km)0.3086
Savings over horizon (USD)617,300.00

All values in this table are computed outputs of our scenario TCO model and must not be re-derived on this page. The per-km figures rest on the explicit fleet defaults listed in §3.

1. Use case & scope

Single 120 kW CCS2 DC dispenser installed at a roadside truck-stop on Iceland's Ring Road (Route 1) corridor or at a regional logistics hub, serving medium-duty delivery vans, light commercial trucks and (in time) long-haul BEV trucks. Scope covers unit procurement (EXW Ningbo), sea-freight to a North-Atlantic port, customs clearance into Iceland, site civils, DSO grid connection, commissioning, and a 5-year operating horizon against a counterfactual ICE-fleet baseline.

Scope does not include battery-storage buffers, canopy construction, or payment-terminal integration unless specifically added at RFQ stage.

2. CapEx — one-time cost to first charge

LineDescriptionBasisIndicative (USD)Citation
C-1120 kW DC dispenser (OEM unit, EXW Ningbo)OEM tier-1 reference band for 60–180 kW CCS2 liquid-cooled units (e.g. Starcharge Titan 120, Sungrow IDC120E)22,000 – 32,000Public datasheets: starcharge.com/products; en.sungrowpower.com/ev-charger (accessed 2026-09-21)
C-2Power cabinet / rectifier skid (if separate)OEM-scope assumption to be confirmedIncluded in C-1 (typical)OEM datasheet scope (same URLs as C-1)
C-3Sea-freight (20 ft FCL, CN → Bremerhaven/Rotterdam → Reykjavík)Industry North-Atlantic container band1,800 – 3,200Drewry World Container Index — North Atlantic FBX01 lane: drewry.co.uk/supply-chain-advisors/world-container-index (accessed 2026-09-21)
C-4Marine insurance (~0.3–0.5% of CIF)Standard cargo policy90 – 160Lloyd's Marine Cargo Clause (A), 0.3–0.5% of CIF: lma.org.uk/articles/marine-cargo-clauses (accessed 2026-09-21)
C-5Import customs dutyHS national line — verify at RFQPENDING — lookupTollstjori tariff lookup (HS 8504): tollstjori.is/customs/tariff (accessed 2026-09-21)
C-6VAT / import VAT (24% general rate)Iceland general rate24% of (CIF + duty)Skatturinn VAT rates page: skatturinn.is/fyrirtaekjum/vsk (accessed 2026-09-21)
C-7Customs broker, ISC / port handling, THC, ISPM 15 pallet (if any)Per-event charges350 – 700Reykjavík port THC schedule: reykjavik.is/thaettir/hafnareglur-og-gjaldskra (accessed 2026-09-21)
C-8Inland transport Reykjavík port → site≤ 100 km assumed300 – 800Model assumption (bounded default; replace with haulier quote at RFQ)
C-9Site civils (concrete pad, cable trench, bollards, signage)Truck-stop geometry4,000 – 9,000Model assumption (bounded default; replace with civils quote at RFQ)
C-10MV/LV transformer, switchgear, smart-meter (DSO scope)DSO quote — site-dependent6,000 – 18,000DSO (HS Veitur) connection terms: hsveitur.is (accessed 2026-09-21)
C-11Installation, commissioning, on-site acceptance testOEM + local electrician3,000 – 6,000Model assumption (bounded default; replace with OEM commissioning quote at RFQ)
C-12Network / OCPP back-office onboarding (year 1)If applicable500 – 1,500OCPP 2.0.1 specification: openchargealliance.org/protocols/ocpp-201 (accessed 2026-09-21)
CapEx range (excluding duties & VAT)~38,000 – 71,000 USDSum of C-1, C-3, C-4, C-7, C-8, C-9, C-10, C-11, C-12

Ranges reflect 2026-09-21 indicative pricing and routing; duty and VAT rows must be confirmed against Tollstjori and Skatturinn at RFQ.

3. OpEx — 5-year steady-state operating cost

Explicit bounded model defaults (inputs the draft did not state; present as assumptions, not sourced facts):
  • residual_value.amount — bounded default used by the scenario model
  • residual_value.year — bounded default used by the scenario model
  • asset.ev_fleet.vehicles — bounded default used by the scenario model
  • asset.ev_fleet.km_per_year — bounded default used by the scenario model
  • asset.ev_fleet.kwh_per_km — bounded default used by the scenario model
  • asset.ev_fleet.electricity_per_kwh — bounded default: 0.45 USD/kWh (retail) — replace with site-specific retail tariff at RFQ
  • asset.ev_fleet.diesel_l_per_km — bounded default used by the scenario model
  • asset.ev_fleet.diesel_per_l — bounded default used by the scenario model
  • asset.ev_fleet.maint_ev_per_km — bounded default used by the scenario model
  • asset.ev_fleet.maint_ice_per_km — bounded default used by the scenario model
  • asset.ev_fleet.ice_capex_per_vehicle — bounded default used by the scenario model
LineDescriptionBasisIndicative / yr (USD)Citation
O-1Network / OCPP platform feePer-dispenser annual SaaS400 – 1,200OCPP SaaS provider reference pricing (e.g. evbox.com); accessed 2026-09-21
O-2Connectivity (SIM / fibre)Always-on for OCPP & payments150 – 400Model assumption (bounded default)
O-3Preventive maintenance (annual service, filter checks, firmware)OEM SLA — verify at RFQ800 – 2,000Model assumption (bounded default; replace with OEM SLA at RFQ)
O-4Spare-parts reserve (5% of unit FOB)Rule-of-thumb1,100 – 1,600Model assumption (5% of C-1 mid-point)
O-5DSO demand charge / capacity tariff pass-throughIceland DSO tariff — verify at RFQVariableDSO (HS Veitur / Rarik / Norðurorka) tariff sheets: hsveitur.is; rarik.is; nordurorka.is (accessed 2026-09-21)
O-6Energy pass-through (electricity purchased at site meter)Flows as revenue offset, not P&L costn/a (revenue line)Model treatment (energy is benefit line, not OpEx)
O-7Insurance (asset + liability)Site policy300 – 700Model assumption (bounded default)
O-8Roadside / canopy lighting & snow-load winter opsIceland-specific300 – 900Model assumption (bounded default)
OpEx range (excl. energy)~3,050 – 6,800 USD/yrSum of O-1, O-2, O-3, O-4, O-7, O-8 (O-5 demand charge excluded — site-dependent)

The scenario TCO model uses an aggregate 5-year OpEx of 24,000 USD (≈ 4,800 USD/yr at mid-point) consistent with line O-1 + O-2 + O-3 + O-4 + O-7 + O-8 mid-points and 2% annual escalation embedded in the year-by-year cash flow (§4).

4. Year-by-year cash flow (scenario model output)

Year-by-year cash flow
YearCost (USD)Benefit (USD)Net (USD)Discount factorDiscounted net (USD)Energy (kWh)
054,700.000.0000-54,700.001.00-54,700.000.0000
14,800.0054,400.0049,600.000.925945,925.930.0000
24,896.0054,400.0049,504.000.857342,441.700.0000
34,993.9254,400.0049,406.080.793839,220.140.0000
45,093.8054,400.0049,306.200.735036,241.530.0000
55,195.6754,400.0049,204.330.680633,487.640.0000

Energy column is shown as 0.0000 kWh because the scenario model records benefit as a USD benefit line (EV-vs-ICE savings per km × fleet km/yr) rather than as a kWh throughput line on this scenario; the per-kWh retail figure of 0.45 USD/kWh is a bounded input default (§3) and is not used as the throughput driver here.

5. Compliance & certification (preliminary)

No certification numbers, logos or "No.1" claims are made on this page. Final certification scope, certificate IDs and issuing bodies are confirmed per shipment in the RFQ response.

6. Duty & customs (Iceland)

HS national line Program As-of SoT
Likely heading 8504 (static converters) — 8–10 digit ISK national line to be confirmed MFN duty rate; any EEA / FTA preferential treatment to be confirmed 2026-09-21 PENDING — lookup
VAT national line (goods import) 24% general rate (Skatturinn VAT rates) 2026-09-21 Confirmed

Official portals: Tollstjori tariff lookup for HS code and duty; Skatturinn VAT for rates. The 8–10 digit HS national line is not hardcoded on this page and must be confirmed at RFQ by the importer of record.

7. Equipment model candidates (real, publicly marketed)

Real 120 kW CCS2 DC fast-charger product families with public datasheets or product pages used to size the indicative CapEx band (C-1):

Product names listed for sizing reference only; final SKU, OEM manual title and revision are agreed per shipment at RFQ. No OEM has been computed, certified, or contracted on this page.

8. RFQ — request a binding quote

Fields below are submitted to the Tradvolt sourcing desk. Replies in 48 hours during business days.

9. FAQ

How much does it cost to import a 120 kW DC EVSE from China to Iceland?

Per the scenario TCO model on this page, the 5-year PV of costs is 74,586.49 USD, with a simple payback of 1.10 years on the EV-vs-ICE fleet case. Indicative CapEx (excluding duties and VAT) sits between roughly USD 38,000 and USD 71,000 per dispenser, with a mid-point near USD 55,000. Duty and VAT lines must be confirmed at RFQ against Tollstjori and Skatturinn.

What HS code applies to a 120 kW DC EVSE imported into Iceland?

Charging stations normally classify under HS heading 8504 (electrical transformers, static converters and inductors). The 8–10 digit national line and any preferential treatment must be confirmed against Tollstjori by the importer before clearance.

Do I need CE / IEC certification to install a DC fast charger in Iceland?

Yes, in practice. Iceland applies the EEA-harmonised CE framework (Regulation (EC) 765/2008), so compliance with IEC 61851-1 and IEC 61851-23 and applicable EMC standards is normally expected, alongside national electrical-safety oversight by Mannvirkjastofnun. Final scope is agreed per project at RFQ.

What is the typical payback period for a truck-stop 120 kW DC charger in Iceland?

The scenario model shows a simple payback of 1.10 years and a discounted payback of 1.21 years on the EV-vs-ICE fleet case, with NPV of 142,617 USD over 5 years at an 8% discount rate. TCO per km is 0.107 USD/km (EV) vs 0.416 USD/km (ICE), giving savings of 0.3086 USD/km. Because Iceland's grid is already low-carbon, payback is throughput-driven, not carbon-driven.

Can Tradvolt ship to Reykjavík, Akureyri or other Icelandic ports?

Yes. Tradvolt arranges FOB / CFR / CIF routing via North-Atlantic container services (Drewry World Container Index lane FBX01), typically via Bremerhaven or Rotterdam transhipment, with onward delivery by road. Final inland leg, DSO interface and commissioning window are confirmed per RFQ.

Is the TCO model on this page binding?

No. All TCO, NPV, IRR and payback figures come from a bounded scenario computed by our scenario model, with explicit defaults for inputs the draft did not state (residual value, fleet km/yr, kWh/km, diesel L/km, electricity USD/kWh, maintenance USD/km, ICE CapEx). They frame the discussion and must be replaced with RFQ-confirmed figures and a site-specific DSO quote before any investment decision.

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