Mack Vehicles launches truck-as-a-service leasing for the brand new MD Electrical truck


Mack Vehicles, a subsidiary of the Volvo Group, has launched a usage-based leasing possibility for its MD Electrical medium-duty truck, which is anticipated to enter manufacturing late this 12 months (Mack is presently taking orders).

The ElectriFi Subscription program permits prospects to pay as they go based mostly on month-to-month miles pushed. Chassis and physique, charging, relevant incentives, scheduled upkeep and a few insurance coverage prices are bundled right into a month-to-month cost. Clients additionally obtain entry to Mack’s Uptime suite, together with telematics and 24/7 roadside service.

Subscriptions begin at three years, with an possibility to increase as far out as six. On the finish of the time period, prospects can renew the subscription, buy the truck or finish the contract. The minimal month-to-month mileage is 1,700 miles, and the subscription payment is calculated based mostly on tiers.

George Fotopoulos, chief of Mack’s E-mobility enterprise unit, factors out that the upfront funding for an electrical truck is kind of excessive. The ElectriFi Subscription “truck as a service” program is designed to take the upfront prices out of the equation. The corporate additionally provides different financing choices, together with loans for charging infrastructure.

“Mack and Mack Monetary Providers have given prospects a number of optimized financing choices that may assist assist their companies,” Fotopoulos stated. “ElectriFi Subscription, the opposite financing choices and the Mack Extremely Service Contract have been designed to assist take away any hesitancy about financing, service and assist that prospects may expertise as they electrify their fleets.”

Mack’s MD Electrical truck is on the market in two variations. The Class 6 possibility has a gross car weight ranking of 25,995 kilos, and the Class 7 mannequin has a GVWR of 33,000 kilos. It’s supplied in dry van/refrigerated, stake/flatbed and dump codecs.

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