Mitsubishi HC Capital America Provides Financing for Hino Trucks’ Electrification Program



Mitsubishi HC Capital America is partnering with Hino Trucks to promote Hino INCLUSEV, a program available in the United States that enables Hino Truck dealers to migrate their businesses to support electric vehicle adoption.

The partnership leverages Mitsubishi HC Capital America’s capabilities in the electric vehicle work truck market by providing consultative and advisory expertise as well as customized financing solutions throughout the supply chain.

Mitsubishi HC Capital America has built relationships with 2,500 truck dealerships over the last two decades and has been active in helping these dealerships transition to EV work trucks. The company facilitates vendor partnerships and provides single-payment financing solutions for charging station hardware, software and installation essential for electric vehicle adoption. It offers financing terms of up to six months with no payments to help bridge the transition to electric vehicle adoption.

“The Hino INCLUSEV program is a pointed and innovative example of Mitsubishi HC Capital America’s market-leading capabilities in helping our dealers, regardless of the brands they carry, to get ready for the electrification transformation,” John Critelli, director of corporate development, mobility solutions and transportation finance at Mitsubishi HC Capital America, said. “Adapting to electric vehicles isn’t optional because the market is changing. We have the expertise and relationships, as well as fully-bundled financing solutions, to ease the transition for dealers and their customers into the next generation of trucks. We can connect the dots through the entire supply chain to help dealers make the best decision for their business and maximize revenue potential.”

In addition to the consultative services Mitsubishi HC Capital America provides, there are other reasons for dealers to consider transitioning to electric vehicles now now.

“For dealers who are trying to time their EV decisions, the clock is ticking,” Critelli said. “Significant rebates and incentives for charging hardware and software being offered in high-EV adoption states, such as California, New Jersey, New York and Texas, will likely not be available indefinitely. Any changes to the power grid that involve a utility provider take time. Proactive dealers should be installing charging infrastructure now.”

Mitsubishi HC Capital America financing is available for any EV trucks with a manufacturer agreement for warranties and service, as well as for any charging infrastructure. The company also offers electric vehicle financing in Canada through its affiliate, Mitsubishi HC Capital Canada.


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