Penske Truck Leasing Adds to Electric Fleet with FUSO eCanter Electric Work Trucks

READING, Pa., – March 13, 2019 –Penske Truck Leasing is adding FUSO eCanter battery-electric work trucks to its expansive logistics, leasing and rental fleets. Penske is among the first fleet operators to take delivery of these limited-production medium-duty vehicles.

"We're pleased to begin introducing the eCanter into our fleet," said Brian Hard, president and CEO of Penske Truck Leasing. "We continue to invest in the latest viable innovative vehicle technologies to benefit our customers. With an initial estimated range of up to 80 miles and a fast-charging option, the eCanter is a viable option for fleets seeking to reduce tailpipe emissions and noise pollution in urban delivery settings."

Penske will initially take delivery of four FUSO eCanter battery-electric work trucks for use in California. The introduction of these new all-electric commercial vehicles into Penske’s fleet is another in a series of recent moves the company has made to test and showcase innovative electric vehicles with its customers including the Freightliner eM2 and eCascadia from Daimler Trucks North America, a sister organization of FUSO.

FUSO is the first to commercialize a series-produced, all-electric work truck. As a major truck manufacturer and through the backing of its parent, Daimler, A.G., FUSO can demonstrate its ability of supporting the operation of eCanter trucks through its established parts, service and warranty network of FUSO dealerships. This is a major distinction compared to some start-up electric truck providers.

"Our leadership in electric trucks answers, today, the public's need for zero tailpipe emissions, zero-noise trucks for continuously increasing demands for inner-city distribution," said Justin Palmer, president and CEO, Mitsubishi Fuso Truck of America, Inc. “We applaud early-adopters, such as Penske, for their leadership and partnership. These remarkable eCanter truck operators are building the case that electric trucks are an essential part of the future of inner city distribution."

About Penske Truck Leasing

Celebrating its 50th year in business, Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 300,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe, Australia and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit www.GoPenske.com to learn more.

About FUSO

FUSO is a Daimler Truck brand, covering nearly all regions around the world. FUSO’s light-duty to heavy-duty trucks, vans, industrial engines, and buses are sold in more than 170 markets. The FUSO brand is based on four core brand values: Trusted Quality, Economic Efficiency, Solid & Functional Design, and Committed Services. Headquartered in Logan Township, NJ, Mitsubishi Fuso Truck of America, Inc., a subsidiary of Daimler Trucks, markets FUSO medium-duty trucks for the North American market. With an independent dealership network of more than 200 FUSO Sales and Service dealership locations, FUSO products and services are offered throughout the United States, Canada, Puerto Rico and Guam. FUSO is the only medium-duty truck producer offering a complete lineup of diesel, gas and all-electric powertrains in class 3 to class 5 segments. FUSO trucks are seen in a wide variety of businesses and industries, including beverage, catering, refrigerated and dry cargo delivery fleets, vehicle recovery, towing, pest control, plumbing, light construction and landscaping. For more information, visit www.mitfuso.com, follow FusoTruck on Twitter, or like FusoTruck on Facebook.