Fleet Advantage launched its new “EV Path” program designed specifically to support heavy duty fleet organizations in their transition to electric vehicle (EV) and alternative fuel trucks. This initiative aims to facilitate the shift toward alternative fuel vehicles in a practical way, aiding fleets in meeting their sustainability goals while reducing emissions.
“Adopting electric trucks is not just an environmental mandate but also a significant financial commitment,” says Brian Holland, president and CEO of Fleet Advantage. “Our innovative EV Path program is yet another pioneering initiative developed by our team, designed to bridge the gap between traditional diesel fuel vehicles and the future of alternative fuel-powered transportation. By offering flexible financing solutions with practicality in mind and fleet services support, we aim to empower fleets to make the transition smoothly and effectively.”
Key takeaways:
- Under the new program, Fleet Advantage will match the monthly lease payment on the lease of the electric truck to that of a diesel truck, which represents a more digestible investment level for the fleet. This could represent savings to the fleet of up to $3,000.00 per truck, per month, in addition to off-loading the bulk of the equipment’s residual risk.
- Fleet Advantage is planning a rollout later this year of an extension of its fleet services offerings, including additional consultative services to help fleet clients with a suite of solutions to maximize the acquisition, utilization, maintenance, and surrender of EV and alternative fuel truck leases.
