Renault Trucks signs historic agreement to provide 20 electric trucks to Carlsberg Group in Europe

Renault Trucks has taking a major step towards electrifying urban transport with a deal to provide 20 26-tonne electric trucks to global brewing giant Carlsberg. The D Wide Z.E. models will be operated by the Feldschlösschen brewery, the group's Swiss subsidiary. The trucks will make daily delivery rounds of between 100-200km to supply Feldschlösschen Swiss clients from the brewer's 15 logistical sites in Switzerland. Each truck has a 200kWh battery and real-world operating range of around 200km.

Renault Trucks signs historic agreement to provide 20 electric trucks to Carlsberg Group in Europe

Feb 21, 2020

Renault Trucks has taking a major step towards electrifying urban transport with a deal to provide 20 26-tonne electric trucks to global brewing giant Carlsberg. The D Wide Z.E. models will be operated by the Feldschlösschen brewery, the group's Swiss subsidiary. The trucks will make daily delivery rounds of between 100-200km to supply Feldschlösschen Swiss clients from the brewer's 15 logistical sites in Switzerland. Each truck has a 200kWh battery and real-world operating range of around 200km.

Electric vehicles could reshape UK fleet market and create new remarketing challenges

Hundreds of thousands of employees who have opted to take cash instead of a company car could switch back to employer-provided schemes as they choose electric vehicles. The move could reverse years of reductions in the number of company car drivers in the UK after the mass adoption of cash for car schemes in the face of rising benefit-in-kind taxes and limited choice lists. New government tax breaks are a key factor in the change of attitude; from April, zero-emission company cars will incur 0% company car tax, rising to 1% in 2021/22 and 2% in 2022/23. The potential savings for drivers are significant, particularly perk car users who are most likely to have taken the cash option. Compared to a premium diesel SUV, the electric alternative could slash a driver’s company car tax bill by more than £15,000 over a three-year period.

Electric vehicles could reshape UK fleet market and create new remarketing challenges

Feb 20, 2020

Hundreds of thousands of employees who have opted to take cash instead of a company car could switch back to employer-provided schemes as they choose electric vehicles. The move could reverse years of reductions in the number of company car drivers in the UK after the mass adoption of cash for car schemes in the face of rising benefit-in-kind taxes and limited choice lists. New government tax breaks are a key factor in the change of attitude; from April, zero-emission company cars will incur 0% company car tax, rising to 1% in 2021/22 and 2% in 2022/23. The potential savings for drivers are significant, particularly perk car users who are most likely to have taken the cash option. Compared to a premium diesel SUV, the electric alternative could slash a driver’s company car tax bill by more than £15,000 over a three-year period.

Fleets offered a third way for finance as mid-term hire market expands

Demand for a more flexible alternative to purchase or leasing is driving growth in the market for mid-term rental. With ongoing uncertainty in the economy, the industry has a bright future, according to Phil Jerome, managing director of Meridian Vehicle Solutions. John Maslen reports.

Fleets offered a third way for finance as mid-term hire market expands

Feb 13, 2020

Demand for a more flexible alternative to purchase or leasing is driving growth in the market for mid-term rental. With ongoing uncertainty in the economy, the industry has a bright future, according to Phil Jerome, managing director of Meridian Vehicle Solutions. John Maslen reports.

Europe

Global companies in $65 billion commitment to zero-emission fleets by 2030

Feb 10, 2020

Companies around the globe have committed to switch 2.5 million fleet vehicles to zero-emission models within a decade under an international agreement. Among the latest companies making the EV100 commitment are some of the world’s leading leasing companies. Lex Autolease, the UK’s biggest leasing company, which operates 350,000 vehicles on behalf of customers, and Zenith, which has a fleet of 140,000 vehicles, are the latest to sign. They are also converting their own company vehicle fleets to zero emissions, adding tens of thousands more cars to the total.

Americas

PACCAR Financial Services reports record revenues

Feb 06, 2020

Assets at PACCAR Financial Services reached a record $16.07 billion last year as its portfolio grew to 208,000 trucks and trailers. The results include PacLease, a major full-service truck leasing company in North America and Europe, which has a fleet of more than 40,000 vehicles. PFS revenues were a record $1.48 billion in 2019 compared to $1.36 billion in 2018. Last year’s pre-tax profits were $298.9 million.

Asia Pacific

SG Fleet widens service offering in Australia through strategic investment in car subscription provider Collaborate

Dec 16, 2019

Vehicle leasing company SG Fleet has bought a stake in Australian mobility specialist Collaborate Corporation for $2.2 million to widen its service offering. Collaborate’s core businesses are its car subscription service ‘Carly’ and a range of peer-to-peer vehicle rental offerings. With Carly, users pay a monthly subscription fee to access any vehicle from the entire fleet available.