Motiv Electric Trucks has joined forces with the National Auto Fleet Group (NAFG) to expand public fleet access to its lineup of battery-electric Class 4-6 step vans, buses, and trucks.
[Related: Motiv Electric school buses roll out in New Jersey towns]
Making the proposition even more attractive is that NAFG holds a Sourcewell contract, giving public fleets the opportunity to buy these vehicles at pre-negotiated prices and a streamlined procurement process.
"Cities, counties and states across the country are recognizing the significant health, environmental and operational benefits of electric trucks and buses," said Scott Griffith, CEO of Motiv Electric Trucks. "Our partnership with NAFG now gives public fleets an efficient and cost-effective way to purchase Motiv electric vehicles through Sourcewell."
Motiv is certainly no stranger to the medium-duty, battery-electric commercial truck market. To date, almost 450 of its vehicles have been deployed, collectively driving over 6 million miles. Major fleet customers include Purolator, Vestis, Cintas, and Bimbo Bakeries.
[Related: Motiv debuts Argo, its fully integrated medium-duty electric chassis]
"We are seeing increasing demand for electric work trucks and buses across our portfolio, and the addition of Motiv vehicles will make it easy and efficient for our customers to electrify their fleets," said Randy Lester, fleet sales director at National Auto Fleet Group. "Motiv's reputation for quality and dependability is well-known in the industry and we look forward to offering their vehicles to our customers."
Last summer, Motiv announced its merger agreement with Workhorse Group, which will see Motiv's primary investor assuming majority ownership of the combined company once the all-stock deal closes, while Workhorse shareholders will retain a substantial stake. As part of the transaction, Workhorse completed a sale-leaseback and secured financing through convertible notes. The merged company is valued at approximately $105 million. The deal is expected to be finalized by the end of the year.
The merger is a smart move as the Class 4-6 BEV segment, currently valued at around $23 billion, is expected to see continued growth despite recent market and governmental changes, including the end of the IRS's Clean Vehicle Tax Credits.
