Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Webinar Library
Log In
No Result
View All Result
  • Dealers
  • Lenders
  • Transportation
  • Agriculture
  • Construction
  • Materials Handling
  • Rentals
  • Compliance
  • Data Analysis
Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Webinar Library
No Result
View All Result
Equipment Finance News
No Result
View All Result

Ford leans into electrification with charger offer

New Ford Pro bundle includes free EV chargers valued at $2K

Johnnie Martinez IIbyJohnnie Martinez II
July 22, 2024
in Transportation
Reading Time: 4 mins read
0
Share on FacebookShare on LinkedIn

Commercial vehicle manufacturer Ford has launched a bundled solution that includes complimentary EV chargers with a subscription to Ford Pro’s charging software. 

Ford Pro, the automaker’s commercial vehicle management division, is bundling Ford Pro Level 2 48-amp chargers and Level 2 80-amp chargers for depot and workplace charging with subscriptions to its charging software, Aaron Schneider, business development director at Ford Pro, told Equipment Finance News. The bundle aims to ease the electrification process for customers. 

“The intention is to reduce the complexity of EV adoption, lower upfront cost and then optimize ongoing operations for our commercial customers, so [with] the offer itself, customers will get a free charger … that includes out-of-the-box parts and labor warranty for three years for that charger,” he said. “The ballpark cost there is like $1,500 to $2,000 per charger just in terms of the value plus the warranty.” 

For dealerships, fleets and other businesses looking to match the number of chargers to the number of EVs on the lot, $2,000 in savings per charger adds up, Schneider said. Ford initially tested this bundled solution in Massachusetts, with the bundle now available there and in California. 

The Ford Pro chargers work with EVs such as the Ford F150 Lightning, E-transit and Mach-E, and customers with mixed fleets can use the chargers on non-Ford units, Schneider said. 

“Many of our customers run mixed fleets,” he said. “They may have Fords, they may have other auto manufacturers, other vehicles in their fleets, and this solution, if they’re buying some other stuff to go with their fleet, they can take advantage of this offer. If they were buying 50 Fords and 10 of something else, and they needed 60 chargers, we would still provide them this offer for all 60 chargers.” 

Ford Pro Charging software

Ford leans into electrification with charger offer
(Courtesy/Ford)

While the chargers will be free under the program, customers must buy Ford Pro’s charging software, Schneider said. 

The software comes with a system to help manage commercial vehicle charging in states like California, where the grid remains a concern and rolling blackouts can occur, Schneider said. 

“Ford is investing time resources and is committed to not just taking care of our customers, but also taking care of our stakeholders on the fueling side, which is the power industry.” 

Potential alignment with CaaS

The structure of Ford Pro’s charging bundle also opens the door for charging-as-a-service companies to become Ford customers to make charging infrastructure more accessible, Scheider said. 

“There’s a lot of players within equipment finance who may look at this as pretty interesting in the sense that if they are offering charging as a service to their end customers, they could buy this offer from us and it would reduce their initial capex on the project,” he said. “Whatever they’re structuring their charging as a service deal to their end customers, that price would go down … somebody could take advantage of that and offer that to end customers, and we’d be happy to support that, because our interests are aligned.” 

Ultimately, every company operating in the EV space shares the goal of solving the infrastructure problem, Scheider said, adding that Ford Pro is “doing everything we can” to remove that barrier to adoption. 

“These fleets, especially in California, they’ve got a lot of a lot of mandates … to go electric, so any way we can take a bite out of cost for them, it’s going to help them and that’s what we’re doing here,” he said. 

Visit the Equipment Finance News Lender Directory here. The directory lists banks, captives and independent lenders. Lenders are invited to add and update their own company details to the directory to provide dealers with the most up-to-date information available. 

Tags: commercial financingelectric vehiclesequipment financeFord Motor Co.technology
Previous Post

CrowdStrike outage hits banks’ equipment finance ops

Next Post

Truck rental prices climb as industry eyes recovery

Related Posts

A display of haulage trucks from DAF Trucks NV at the IAA Transportation show in Hanover, Germany, on Monday, Sept. 19, 2022. Global leaders Daimler Truck Holding AG and Volvo AB are joining dozens of commercial-vehicle makers in Germany this week to showcase their latest electric semis, with more zero-emissions vehicles debuting at the IAA Transportation show than ever before.
Transportation

Daimler financial services revenue jumps 14% in Q1

May 14, 2025
Softer-than-expected inflation points to muted tariff fallout
Transportation

Softer-than-expected inflation points to muted tariff fallout

May 13, 2025
A refrigerated railcar sits on the production line at the Greenbrier Cos.' Gunderson railcar plant in Portland, Oregon, U.S., on Tuesday, Jan. 15, 2013. The U.S. Federal Reserve is scheduled to release monthly industrial production figures on Jan. 16.
Transportation

Post Road closes $15M loan to transportation firm

May 12, 2025
Next Post
Triangle Equipment Finance inks deal with LTi Technology Solutions

Truck rental prices climb as industry eyes recovery

Proud Member Of

Check Out Our Industry Event

Stay Informed With Our 8 Newsletters

The Dig Podcast

Dealer Operations

Kubota tractors on display during the Expo Agro Sinaloa

Dealers, lenders emphasize flexibility amid economic hardship

May 16, 2025
The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Dec. 28, 2023. The market's reaction to the Federal Reserve's pivot toward interest-rate cuts this month has boosted expectations that would-be public companies may accelerate their IPO timelines.

Tariff-driven pessimism drives ‘wait and see’ approach

May 15, 2025
A Caterpillar bulldozer at a construction site in Hudson, New York, US.

Finning new equipment sales rise 7% YoY

May 14, 2025
  • About Us
  • Advertise
  • Contact Us
  • Privacy Terms
  • ADA Compliance

 Manage Cookie Consent

Connect with us

© 2025 Royal MediaRoyal Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • All News
    • Dealers
    • Lenders
    • Transportation
    • Agriculture
    • Construction
    • Material Handling
    • Rentals
    • Compliance
    • Data Analysis
  • Event
  • Data
  • Features
  • Lender Directory
  • Podcast
  • Webinars
    • Webinar Library

© 2025 Royal MediaRoyal Media

THIS WEBSITE USES COOKIES

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I CONSENT”, you consent to the use of ALL the cookies.

Cookie settingsI CONSENT

Review our Cookie Policies
.
Manage Cookie Consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
Save & Accept