UK’s £200m push to build up zero emission HGVs

The government is to plough over £200 million into an extensive zero emission road freight demonstrator programme in a bid to create the world’s largest fleet of zero emission HGVs. The three-year comparative programme will begin later this year to help decarbonise the UK’s freight industry, with initial competitions for battery electric and hydrogen fuel cell technology launching shortly. Transport Minister Trudy Harrison said: “Our road freight industry is one of the most efficient in the world and contributes over £13 billion to the UK economy each year.

UK’s £200m push to build up zero emission HGVs

May 13, 2022

The government is to plough over £200 million into an extensive zero emission road freight demonstrator programme in a bid to create the world’s largest fleet of zero emission HGVs. The three-year comparative programme will begin later this year to help decarbonise the UK’s freight industry, with initial competitions for battery electric and hydrogen fuel cell technology launching shortly. Transport Minister Trudy Harrison said: “Our road freight industry is one of the most efficient in the world and contributes over £13 billion to the UK economy each year.

Electric cars claim record market share at Fleet Alliance

Glasgow-based leasing and fleet management specialist Fleet Alliance is reporting electric vehicles (EVs) have taken a record share of the new car order bank at in the first quarter of 2022, as increasing numbers of clients switch to electric operation. Between January and March, some 30% of new car orders were battery electric vehicles (BEVs) and 33% were hybrid electric vehicles (HEVs), a new record for the business.

Electric cars claim record market share at Fleet Alliance

Apr 12, 2022

Glasgow-based leasing and fleet management specialist Fleet Alliance is reporting electric vehicles (EVs) have taken a record share of the new car order bank at in the first quarter of 2022, as increasing numbers of clients switch to electric operation. Between January and March, some 30% of new car orders were battery electric vehicles (BEVs) and 33% were hybrid electric vehicles (HEVs), a new record for the business.

Alphabet extends global reach into Canada

Business mobility provider Alphabet is further expanding its global footprint, with the company announcing a partnership with Jim Pattison Lease, which has been operating in the country since 1961 and will be offering a range of leasing options and mobility services to Alphabet customers. Alphabet said the move would further strengthen it international network.

Alphabet extends global reach into Canada

Apr 06, 2022

Business mobility provider Alphabet is further expanding its global footprint, with the company announcing a partnership with Jim Pattison Lease, which has been operating in the country since 1961 and will be offering a range of leasing options and mobility services to Alphabet customers. Alphabet said the move would further strengthen it international network.

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Europe

Alphabet marks 25 years in UK

Mar 22, 2022

Alphabet (GB) is marking its 25th anniversary in the UK, and the leasing and business mobility specialist has reported a successful year, with e-mobility opportunities continuing to grow. Alphabet’s total portfolio stabilised at around 700,000 vehicles, despite the ongoing semiconductor crisis, and order volume went up to nearly 250,000 vehicles in total, representing an increase of more than 18% compared to the previous year.

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.