Societe Generale Equipment Finance (SGEF) and Volta Trucks are to partner to support customers with individual integrated equipment finance solutions. The funding is being made available as part of Truck as a Service (TaaS) offering.
Volta Trucks is an all-electric commercial vehicle manufacturer and services provider.
SGEF is offering Volta Trucks’ customers Operating and Finance Lease funding programmes to support customer agreements across its European markets for up to eight years.
Volta Trucks offers its Truck as a Service (TaaS) solution to enable a simplified and tailored transition to an electric fleet by providing ‘seven turnkey product solutions’, such as financing, insurance, and service & maintenance. This package, it says, enables operators to maximise vehicle uptime and operational efficiency.
Chief Executive Officer of Volta Trucks, Essa Al-Saleh said: “We’re delighted to partner with Societe Generale Equipment Finance. Their extensive financial expertise will help us to expand our reach, accelerate fleet adoption and drive positive change in the industry. These bespoke finance offerings paired with the residual value of the Volta Zero means we can provide customers with a lower Total Cost of Ownership as we continue to push the transition to an all-electric future.”
SGEF Chief Commercial Officer Florence Roussel-Pollet said: “At Societe Generale Equipment Finance, we are committed to supporting sustainable initiatives that contribute to a greener future. This financial support will enable businesses to embrace the progression to electric fleets, fostering sustainability and innovation in the industry. We are thrilled to play a role in advancing electric fleet solutions across Europe.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData