The Electric Ready Lease makes transitioning to Volvo electric trucks simpler and more affordable. Enjoy an interest rate discount of up to 0.5% and residual value support to reduce operating lease costs — all backed by Volvo Financial Services and the CEFC (Clean Energy Finance Corporation). *
* Terms and conditions apply
The Electric Ready Lease is an operating lease provided through Volvo Financial Services, designed to make adopting electric trucks simple and cost-effective. The lease has a 5-year term and uses a residual value (RV) matrix based on annual truck usage. Available annual usage options are 25,000 km, 50,000 km, 75,000 km, 100,000 km, 125,000 km, and 150,000 km, which allows for simplified quoting.
The Electric Ready Lease is designed for customers who want to transition to electric trucks without taking on the risk of owning the asset. It works best for:
Fleets where electric vehicle capability aligns with operations and who want predictable lease payments which moves expenditure from Caped to Opex. This lease is ideal if you want reduced upfront investment, and access to CEFC-backed finance while keeping your fleet modern.
The lease covers all new Volvo electric truck models, including prime movers and rigid trucks with bodies, as well as charging hardware. Trailers cannot be included in the CEFC-backed lease.
At the end of the lease term, you can return the truck to Volvo Financial Services. You’ll have the flexibility to explore your next steps, whether that’s leasing a new electric truck, upgrading your fleet, or other options.
Yes. The lease can include EV charging infrastructure, helping you integrate electric vehicles into your operations with lower upfront investment. Please note that installation costs are not included and will need to be arranged separately.
Your Volvo Trucks dealer representative and Volvo Financial Services will work with you to tailor the lease to your business needs and provide guidance on vehicle selection, charging infrastructure, and overall fleet planning.