September 8, 2020 10:45 AM, EDT

Peterbilt Offers Lease Deal on New 220EV

Peterbilt EV truckThe zero-emission cabover truck is marketed for the Classes 6-7 segments. (Paccar Inc.)

[Stay on top of transportation news: Get TTNews in your inbox.]

Peterbilt Motors Co. announced an introductory lease offer on its Model 220EV through PacLease. Both are units of Paccar Inc.

The zero-emission cabover truck is intended for the Class 6 and Class 7 segments.

The six-year lease will feature a lower monthly payment for the first year and then transition to a regular payment for the remainder of the lease.

The offer can be used in conjunction with regional and state grants that are available for battery-electric vehicles, according to the Denton, Texas-based company.

“In the near future, several dealers will offer Model 220EVs as part of their rental programs so customers can try the Model 220EV for themselves and see all the benefits that electrification offers,” Peterbilt General Manager Jason Skoog said in a release.

Deliveries are expected to start by the end of the year. — Transport Topics

Want more news? Listen to today's daily briefing: