Forum Mobility Pairs Affordable Charging With Low-Cost Truck Lease Options
Forum Mobility has numerous options to facilitate your purchase or lease of electric trucks. We have deep experience navigating the suite of incentive programs available, and great relationships with truck manufacturers and dealers. Reach out to discuss what’s best for your fleet.
Forum Mobility is also working with Climate United to launch a unique new program to help fleets transition to zero-emission trucking by offering American-made class 8 electric trucks at the most competitive lease rates on the market. This program will primarily serve drayage fleets, with an initial rollout for carriers serving the Port of Long Beach and the Port of Los Angeles.
The program helps carriers lower costs through several unique elements. First, Climate United is making a bulk purchase of 500 class 8 American-made electric trucks (all Build America, Buy America compliant) – the largest single order of such trucks in US history. On top of the cost reductions from volume, Climate United stacks low cost of capital and assumption of residual value risk, resulting in incredibly competitive truck lease rates for fleets and independent owner operators.
Forum Mobility is providing an affordable charging solution to pair with each electric truck lease, making the switch to electric not only cost effective, but also seamless for fleet operators.
Interested in the lowest electric truck lease rates in the market? Contact us to find out if your fleet qualifies.
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Behind Climate United’s historic $250M electric truck buy
Climate United’s plan to spend $250 million to purchase 500 Class 8 electric trucks makes a great headline. But beyond the benefit to owner-operators and small fleets, the impact involves the future of zero-tailpipe-emission freight hauling.
Climate United Launches Historic $250M Electric Drayage Truck Program to Provide Affordable, Accessible Financing for Zero-Emission Vehicles
Today, Climate United announced a new program to offer affordable leasing options to small fleets and independent operators to lower operational costs and reduce air pollution in port communities, beginning at the Ports of Long Beach and Los Angeles with the intention to expand nationally.
Port of Oakland awarded historic $322 million EPA grant
The U.S. Environmental Protection Agency (EPA) has awarded the Port of Oakland $322 million to fast track the Oakland Seaport’s conversion to nearly 100 percent zero-emissions cargo handling operations.
FAQs
Who can participate?
This program will prioritize small fleet operators of Class 8 drayage trucks. Fleets of all sizes are encouraged to contact Forum Mobility to learn how they can participate. The initial focus will be on operators serving California ports.
When will the program be open?
Interested parties should contact Forum Mobility to learn more about the program and become pre-qualified for access to truck financing and charging once it opens.
How does this differ from other programs?
No other program combines the most affordable truck financing with dedicated charging infrastructure. Climate United, a non-profit, receives $7B in funding from the EPA. It provides low-cost lease financing by taking on residual value risk, monetizing the $40,000 tax credit with a 45W benefit, and passing those savings on to the customer. The program leverages existing vehicle incentive programs to provide a solution competitive with diesel. Forum Mobility’s dedicated charging solution offers operators reliable charging in convenient locations.
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