Mack Trucks introduces ElectriFi Subscription

Mack Trucks introduces ElectriFi Subscription

Mack said its ElectriFi Subscription reduces upfront investment and long-term risk for MD Electric models.

Mack Trucks announced it now offers its “Mack Financial Services ElectriFi Subscription,” a usage-based leasing option exclusive to new Mack MD Electric models.

Mack said the ElectriFi Subscription allows customers to pay as they go for miles driven with chassis and body, charging, applicable incentives, physical damage insurance and maintenance costs for the term of the agreement bundled into a single monthly payment for simplification. ElectriFi Subscription reduces the customer’s upfront investment while lowering their long-term risk with the option to walk away at the end of the term. Terms are flexible starting at three years, with an option to extend up to a total term of six years, Mack said.

The ElectriFi Subscription also comes with access to Mack’s suite of Uptime services. Along with the ElectriFi Subscription option, Mack said Mack Financial Services also offers ElectriFi Infrastructure and ElectriFi Lease. Mack Trucks and Mack Financial Services can also advise on incentives for infrastructure.

According to Mack, ElectriFi Infrastructure is a turnkey solution that’s available for all purchases or leases. Mack along with third-party partners will assist customers in developing the charging station design, installation, construction, hardware and software needed for new BEV charging facilities, alleviating customer guesswork about what is required for adequate infrastructure.

ElectriFi Lease enables customers to add BEVs into their fleets with reduced upfront investment, Mack said. Customers have access to Mack telematics through the Mack Ultra Service Contract and Mack’s Route Support Services team will help customers analyze existing routes, infrastructure upgrades and integration.

The Mack Ultra Service Contract is a standard five-year comprehensive bumper-to-bumper service contract for the Mack MD Electric and the Mack LR Electric refuse model, the company said. The contract includes telematics with battery monitoring, a high-voltage battery performance guarantee, all scheduled maintenance, all preventative maintenance, all repairs excluding accidents, tires and glass, towing for warrantable failure to the nearest Mack Certified Electric Vehicle (EV) Dealer; and Mack OneCall.

Mack introduced the Mack MD Electric in March 2023.

You May Also Like

Global EV sales expected to increase by 21% in 2024

This represents a significant decline from growth rates of 31% in 2023 and 60% in 2022, ABI Research said.

Tesla-Model-Y-1400

The latest forecasts from global technology intelligence firm ABI Research found that global EV sales are expected to grow by 21% in 2024 and 19% in 2025. This represents a significant decline from growth rates of 31% in 2023 and 60% in 2022, ABI Research said.

"A shortage of chargers and limited ranges are not to blame for this decline. It's evident from sales data and statements by Original Equipment Manufacturers (OEMs) that the EV market is slowing down and failing to meet its targets," Dylan Khoo, an electric vehicles industry analyst, said. "While insufficient charging infrastructure and range limitations are often cited as reasons for this slowdown, they don't fully explain the stagnation, especially considering that these aspects are actually improving rather than deteriorating. Additionally, these explanations fail to consider the region-specific trends driving the EV sector changes."

GreenPower to deliver 88 school buses to West Virginia in 2025

Type D Beast and Type A Nano Beast school buses will be delivered to school districts in West Virginia in GreenPower’s fiscal year 2025.

GreenPower-WV-delivery
Kia’s electrified model sales grew 9% compared to March 2023

The company also delivered its second-highest first-quarter sales total in company history, capped by March sales of 69,472 units.

kia_EV9_2024
Kumho Tire U.S.A. launches two new EV tire options

The Majesty 9 Solus TA91 EV is ideally suited for drivers of EV coupes, sedans and CUVs, while the Crugen HP71 EV is designed for CUVs and SUVs with an added level of all-weather performance.

Majesty-9-Solus-TA91-EV-Crugen-HP71-EV-Kumho-Tire
Bosch introduces nationwide EV training tour

The EV Training Tour will travel across the country beginning in early July.

Other Posts

Gage Zero to develop an EV fleet charging hub in Texas

The company will develop, own and operate the AllianceTexas EV charging hub as part of its network of sites planned throughout the U.S.

Gage_Zero-hub-rendering
Volvo Cars report a 24% increase in March EV sales Y/Y

Volvo Cars said its new fully electric SUV, the EX30, contributed to the sales growth, as well as a strong sales performance in the US.

Volvo-EX30-charging-top-1400
Stadler’s Flirt H2 hydrogen fuel cell train achieves Guinness World Record

The train traveled 1,741.7 miles for over 46 hours on one tank filling.

Stadler-Flirt-H2
MEMA applauds the EPA on vehicle emission standards

MEMA says the EPA final rule includes an amended and more comprehensive analysis of technological alternatives.

EPA-Emissions-Standards-1400