Penske Automotive unit orders 750 Ford electric powered cargo vans

A new Ford E-Transit van is seen inside the firm’s Halewood plant in Liverpool, Britain, October 18, 2021. REUTERS/Phil Noble/File Picture

April 18 (Reuters) – Penske Truck Leasing has purchased 750 of Ford Motor Co’s (F.N) electrical E-Transit cargo vans, the unit of Penske Automotive Group Inc (PAG.N) stated on Monday.

The go will come as various providers together with FedEx Corp (FDX.N), UPS (UPS.N) and Deutsche Publish (DPWGn.DE) unit DHL are experimenting with electrical cargo motor vehicles as element of their own zero-emission car or truck ideas. read through additional

Penske, which expects to get shipping of the first batch of vehicles in the next quite a few weeks, stated the to start with E-Transit motor vehicles will be built readily available in Southern California with other places all around the United States phased in later on in the year.

Artwork Vallely, the unit’s president, mentioned these new autos will be made available each as a rental and total-provider lease solution for the company’s consumers.

Penske also mentioned that their extensive-term options contain incorporating far more of the automaker’s E-Transit vans to its broader network of rental, leasing spots across North The united states.

Ford’s E-Transit van arrives in eight configurations, such as a few roof heights and three lengths, has an EV driving variety of 126 miles.

Reporting by Nathan Gomes in Bengaluru Modifying by Shailesh Kuber

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