Fleet Advantage, an innovator in Class 8 fleet data analytics, equipment financing and life cycle cost management, will place orders for 200 EV Class 8 tractors, with deliveries beginning in 2023.This purchase will be the company’s first major purchase of alternative energy trucks. Fleet Advantage has 14,000 tractors under management currently.

The purchase will be placed in service based on duty cycles and supply chain locations with reduced radius operations. Fleet Advantage identified a considerably greater volume of EV equipment that will complement their customers’ supply chain, reducing exhaust emissions and operating costs while enhancing corporate ESG goals.

Fleet Advantage’s customer surveys, combined with robust data analytics, have targeted a five year plan to significantly grow its EV fleet working with America’s top corporate fleets, including five of the top 10 private fleets in the country.

“With the advancement of EV technology and growing interest in alternative fuel applications, we are excited to be in position to deliver new EV trucks for our customers,” Brian Antonellis, SVP of fleet operations, for Fleet Advantage, said. “Fleet Advantage has already established its environmental leadership with a rich history of transportation asset management and flexible financing solutions that significantly reduce operating costs along with up to a 28% baseline reduction in CO2 emissions and carbon footprint.”