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PacLease Finding High Interest in Leasing Electric Trucks

October 6, 2020


Offers Kenworth and Peterbilt Medium Duty Models

BELLEVUE, Wash., Oct. 6, 2020 — With the advent of electric trucks becoming a reality, PacLease is finding high interest from customers wanting to explore going green by leasing Kenworth and Peterbilt medium duty cabover battery-electric trucks.

“It’s been a very positive reaction,” said Mike Willey, PacLease’s assistant general manager. “By being able to offer the full package – the trucks, financing, and maintenance – along with charging stations through PACCAR’s collaboration with Schneider Electric and Faith Technologies – we can offer a turnkey package. A lease program with PacLease provides a great way to experience zero emission trucks for an all-inclusive lease payment.”

PacLease offers Class 6 and 7 Kenworth K270E and K370E, along with the Peterbilt Model 220EV. Each features energy dense battery packs, and depending on the direct drive motor selected (355hp or 469hp) deliver between 100 and 200 miles on a full charge. Recharging can take as little as an hour.

According to Willey, each new lease is very customizable with flexible lease terms up to 6 years. “We’re here to consult with our customers – from finding any state or federal grant money that might be available, to selecting the right truck and specs for the route intended, to placement of the charging stations,” he said. “Our customers don’t have to go-it-alone – we’re here to make it all work seamlessly. We don’t simply lease the trucks; we lease the program to ensure it all comes together without headaches down the road.”

Willey said PacLease is finding a growing number of customers that are looking to go green and want to put their toe in the water to see how the trucks work, and see if electric trucks can be a part of their future. “We feel the best way to do that is with a Full Service Lease program from PacLease. It simplifies the process and ensures uptime with a fine-tuned maintenance program. We will work closely with our customers to ensure their entry into the electric truck era is a success.”

The E-trucks can be used in a variety of applications – spec’d as either a truck with multiple box configuration sizes available – or as a tandem axle tractor. “Like all of our trucks through PacLease, custom spec’ing allows us to match the right truck configuration with our customers’ application,” said Willey. “It’s no different with our battery electric Kenworth and Peterbilt models – they are built with the same rigorous quality standards of their diesel brethren. We’re excited to begin leasing battery electric Kenworth and Peterbilt trucks – the future is here.”

About PacLease and PACCAR

PACCAR Leasing Company (PacLease) is one of the fastest-growing commercial truck leasing companies in the transportation industry. PacLease has full-service leasing locations throughout the United States, Canada, Mexico, Europe and Australia, operating through independent franchises and company-owned stores. PacLease provides customized full-service lease, rental and contract maintenance programs designed to meet the specific needs of customers. A combination of reliable, custom-built trucks and complete service offerings allows customers to maximize the value of their transportation resources.

PACCAR Leasing Company is a part of the financial services group of PACCAR Inc, a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy- duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR shares are traded on the Nasdaq Stock Market, symbol PCAR, and its homepage can be found at  

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