Peterbilt offers teaser lease on medium-duty electric truck

First-year discount targets holders of non-commercial driver’s licenses

The Peterbilt Model 220EV medium-duty electric truck is being offered on a special lease deal to help expose customers to driving on battery power instead of diesel fuel. (Photo: FreightWaves/Alan Adler)

Peterbilt is offering a discount on the first year of a six-year lease on its Model 220EV medium-duty battery-electric truck. It hopes to lure drivers without a commercial license to try running on electricity instead of diesel fuel.

Regional and state grants for battery-electric vehicles can be stacked with the introductory lease through PACCAR Inc.’s (NASDAQ: PCAR) PacLease subsidiary.

Neither a Peterbilt spokesperson nor a dealer in Michigan contacted by FreightWaves had pricing information. Truck pricing varies with customer specifications. Peterbilt began taking orders for the electric truck Aug. 18. Customer deliveries begin by the end of 2020.

The Model 220EV is an early entry among a raft of medium-duty electric trucks being developed by established truck makers and startups. Daimler Trucks subsidiary Mitsubishi Fuso began leasing its eCanter cabover-style medium-duty electric truck in 2017.

Peterbilt and sister brand Kenworth have 60 medium- and heavy-duty electric test trucks in use.

Soon available to rent

The Model 220EV is offered under the special lease program through Oct. 31. It features a 100-mile range between charges, a 218” wheelbase and a 24’ Morgan Body with a lift gate. Those are ideal for pickup and delivery applications, Peterbilt said.

Battery pack warranty coverage runs for six years or 200,000 miles, whichever comes first.

Several Peterbilt dealers will offer the Model 220EV for rent to expose and educate customers on electric trucks, Jason Skoog, Peterbilt general manager, said in a press release.

Related articles:

Electric truck charging: Need versus greed for speed

PACCAR moves deliberately on electric and driverless trucks

Peterbilt will begin limited electric truck sales in late 2020

Click for more FreightWaves articles by Alan Adler.

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Alan Adler

Alan Adler is an award-winning journalist who worked for The Associated Press and the Detroit Free Press. He also spent two decades in domestic and international media relations and executive communications with General Motors.