Ryder Expands Leadership in Commercial Electric Vehicles, Places Reservation for Additional 500 Chanje Electric Vans
June 07 2018 - 4:30PM
Business Wire
Ryder System, Inc. (NYSE:R), a leader in commercial fleet
management, dedicated transportation, and supply chain solutions,
announced today that it has reserved 500 new Chanje Energy
medium-duty electric panel vans, expanding its North American
electric commercial truck rental and ChoiceLease fleet. The
reservation will be executed as lease agreements for the Chanje
electric vehicles (EVs) are finalized. Ryder is the exclusive sales
channel and service partner for Chanje and its medium-duty EV fleet
for which Ryder is offering truck leasing and preventive
maintenance solutions as part of Ryder’s ChoiceLease and SelectCare
fleet maintenance portfolio.
TWEET THIS: @RyderSystemInc reserves 500 @ChanjeEnergy electric
vehicles intended for its lease & rental fleet. #EVs
#RyderAdvancedVehicles
“Ryder continues to see broadening interest in EVs from
businesses of various sizes and industries, and especially from
those companies in the parcel, final mile, or beverage delivery
space. Additionally, there’s interest from customers who have daily
return to base routes of 40 to 100 miles and in markets with
incentives available for electric vehicles,” said Dennis Cooke,
President, Global Fleet Management Solutions for Ryder. “Companies
continue to identify the potential long-term cost, environmental,
and efficiency benefits of EVs. We’re proud to expand our
relationship with Chanje and expect additional business
announcements based on our sales pipeline. This latest announcement
with Chanje is one more way we are demonstrating our commitment to
maximizing the performance of our customers’ fleets, while
providing the flexibility and convenience to implement EVs into
their operations.”
Ryder is continually monitoring emerging fleet technologies and
works closely with the technology providers and equipment
manufacturers building innovative features to provide feedback
around functionality, usability, and adaptability.
The Chanje all-electric large delivery style van is equipped to
haul up to 6,000 pounds and up to 580 cubic feet of cargo, all with
zero vehicle exhaust emissions and class-leading, 100-mile range on
a single charge. Ryder has equipped several maintenance facilities
across the San Francisco, Los Angeles, San Diego, Sacramento, and
San Jose, Calif. markets, as well as the Chicago and New York
markets, to meet the service and charging requirements for
commercial EVs. Chanje vehicles are the first to be designed from
the ground up as an electric truck platform, helping set industry
standards for electric and high-quality mass production.
“We are pleased to partner with Ryder to meet its customers’
evolving performance, cost, and sustainability goals and
collectively shape the future of the industry,” said Bryan Hansel,
founder & CEO of Chanje.
About Ryder
Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, and supply chain solutions company. Ryder’s stock
(NYSE:R) is a component of the Dow Jones Transportation Average and
the S&P MidCap 400® index. Ryder has been named among FORTUNE’s
World’s Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. The Company is a proud
member of the American Red Cross Disaster Responder Program,
supporting national and local disaster preparedness and response
efforts. For more information, visit www.ryder.com, and follow us
on our Online Newsroom and social media pages: Facebook, LinkedIn,
Twitter, and YouTube.
About Chanje
Chanje is a California-based, privately held electric vehicle
and energy solutions company that specializes in the last mile
industry. Chanje is led by a diverse group of automotive industry
experts and clean energy entrepreneurs. The company’s vision is to
drive the evolution of sustainable solutions that improve the last
mile. Chanje introduced its first vehicle in 2017 and is the first
company in North America able to deliver large scale fleets of
commercial electric trucks immediately. Chanje will subsequently
introduce turnkey energy infrastructure solutions and a full range
of EVs including trucks, delivery vans, and shuttle buses in a
variety of lengths and capacities. For more information, please
visit: www.chanje.com.
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are "forward-looking
statements" within the meaning of the Federal Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on our current plans and expectations and are subject to
risks, uncertainties and assumptions. Accordingly, these
forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. It is not possible for management
to predict all such risk factors or to assess the impact of such
risks on our business. Accordingly, we undertake no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20180607006090/en/
Ryder System, Inc.Jonathan Mayor,
305-500-3161Jonathan_C_Mayor@ryder.comorClaudia Panfil,
305-500-3668Claudia_Panfil@ryder.com
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