Penske Truck Leasing adds electric Xos Stepvan

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Penske Truck Leasing adds electric Xos Stepvan

Penske will offer the Xos Stepvan, a battery electric Class 6 vehicle.

Alex Crissey
By Alex Crissey
Contributing Editor Alex Crissey has been with Fleet Equipment since 2015.
Published:
Penske-Xos-1400

Penske Truck Leasing has added multiple Xos Stepvan battery-electric trucks to its fleet, the companies announced.

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The Stepvan is a 100% battery-electric Class 6 vehicle. According to Xos, the Stepvan can travel up to 150 miles on a single charge, features a GVWR of up to 23,000 pounds, and comes in available body sizes of 16- or 18-ft.. Depending on charger specifications, the vehicle charge time with DC fast charging ranges from 110 to 120 minutes. Additional specifications include a 178-in. wheelbase, 347 kW maximum horsepower, and max torque of 1,737 ft.-lbs., the company said.

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EV Bizz

Range Energy receives $23.5M in new financing for electric trailers

This recent funding follows the company’s $8M seed round from November 2022, bringing total funding to $31.5M.

Kevin Linger
By Kevin Linger
Managing Editor/Producer of Fleet Equipment Magazine
Published:
Range-energy-trailer

Range Energy announced a $23.5 million new financing round led by Trousdale Ventures and with participation from UP.Partners, R7, and Yamaha Motor Ventures. Range says it will use the money to expand customer pilot programs for its electric-powered trailers, as well trailer production. Additionally, Range says it is also working to develop a new trailer data and telematics platform. 

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