Penske Receives U.S. Department of Energy Grant



The U.S. Department of Energy awarded Penske Truck Leasing a $400,000 grant for the company’s Alternative Fuel Vehicle (AFV) Demonstration and Enhanced Driver Experience Project, to be administered by the Office of Energy Efficiency and Renewable Energy. Penske will utilize the funds to further introduce alternative fuel vehicles to its customer base.

“This is a unique program and the first of its kind for our company,” explained Matt Krasney, Penske director of Alternative Fuels. “This grant will allow fleets to experience alternatively fueled vehicles at a reduced cost, and it will provide Penske the ability to expand our work with customer fleets via comprehensive demonstrations and deep dive technical support.”

The company is beginning the process of identifying truck leasing and commercial truck rental customers nationally to participate.


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