Ryder Demonstrates its Leadership in Advanced Vehicle Technology by
Becoming the First Nationwide Leasing and Rental Company to Offer
Electric Trucks
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial fleet
management, dedicated
transportation, and supply
chain solutions, announced today that the Company will become the
exclusive sales channel partner and service provider for Chanje, a new
California based medium-duty electric vehicle (EV) and energy services
company. As part of their future technology strategy, Ryder has placed
its initial order of Chanje vehicles, the first of which will be
distributed to Ryder locations in strategic U.S. markets and be
available for ChoiceLease
customers in the coming weeks. Additionally, a portion of the new
vehicles will be added to Ryder’s commercial rental fleet so that
customers will have the opportunity to experience Chanje’s advanced
vehicle technology on a short-term basis.
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Chanje’s 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 tailpipe emissions. (Photo: Business Wire)
Chanje is the first company in North America to offer large scale fleets
of electric medium-duty trucks. Chanje’s electric vehicles offer
class-leading payload and cargo capacity, as well as zero exhaust
emissions. Ryder will also offer a combination of comprehensive and
preventive maintenance solutions as part of Ryder’s SelectCare
fleet maintenance portfolio.
“We believe electric vehicles will play a major role in the future of
commercial transportation and we are proud to partner with Chanje to
bring an all-electric medium duty vehicle to market,” said Dennis Cooke,
President, Global Fleet Management Solutions for Ryder. “Through our
strategic partnership, Ryder and Chanje will collaborate to promote
energy efficiency and innovation in the industry. Chanje offers an
innovative product that will help reshape the industry by making
commercial electric vehicles more affordable, reliable, and accessible.”
Ryder strengthens its leadership in advanced vehicle technology,
expanding upon the Company’s ability to provide customers with the most
flexibility, choice, and control in fleet management, as well as
innovative solutions to help them reach their sustainability goals. The
relationship with Ryder provides Chanje with an established nationwide
network for maintenance. Through Ryder SelectCare maintenance, Chanje
will be able to maximize vehicle uptime, lower costs, and keep their
customers’ businesses moving.
“As we bring commercial electric mobility to American fleets at a
meaningful scale for the first time in history, we need the right
partner who can provide the breadth and expertise required to accelerate
the entry of these vehicles into the market,” said Bryan Hansel, founder
& CEO of Chanje. “Ryder’s mission to provide flexible fleet management
solutions and make commercial transportation more efficient directly
aligns with our vision. We know Chanje can rely on Ryder to meet the
unique service requirements of electric vehicles, as Ryder’s expertise
and reach in terms of commercial vehicle solutions is ideal for the
rapid adoption of electric trucks.”
Chanje’s first vehicle will be an all-electric large delivery style van,
a medium-duty truck equipped to haul up to 6,000 pounds and up to 580
cubic feet of cargo, all with zero tailpipe emissions. Chanje vehicles
are designed to be electric from the ground up, making them inherently
more efficient than retrofit electric vehicles. Ryder will work with
Chanje to develop charging infrastructure for the vehicles, with a focus
on using renewable energy.
Chanje’s last-mile electric vehicles fit best where they are needed the
most - in highly populated urban areas where pollution and noise are a
mounting concern. Replacing a diesel truck with an electric vehicle will
save as much CO2 emissions as 20 acres of U.S. forest would absorb in
one year.
About Ryder
Ryder is a FORTUNE 500® commercial fleet management,
dedicated transportation, and supply chain solutions company. The
Company offers nationwide access to state-of-the-art service facilities,
5,900 certified technicians, and a dedication to superior repair
quality, safety, speed, and full visibility. Ryder offers a wide range
of maintenance products for all vehicle types, delivering flexibility
around the level of maintenance that companies require in order to keep
their fleet running properly throughout its life span.
Ryder’s market leadership in operating advanced vehicle technologies in
commercial truck applications also includes the Company’s natural gas
vehicle (NGV) and maintenance solutions offering. Ryder currently has
more than 150 million miles of NGV operations, 22 NGV maintenance
facilities, and more than 6,200 NGV trained maintenance and support
personnel across the Company’s North American service network. 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.
Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation
Average and the S&P MidCap 400® index. The Company 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. Inbound Logistics magazine has
included Ryder in its “Green Partners” listing for eight years in a row.
Ryder was also recognized by the U.S. Environmental Protection Agency
(EPA) with a 2014 SmartWay Affiliate Challenge award and SmartWay
Excellence Awards in 2014 and 2013. Ryder is a charter member of the NGV
Fleet Forum and a member of the Department of Energy’s National Clean
Fleets partnership. Ryder is also a recipient of the 2011 NGV
Achievement Award. A member of the American Red Cross Disaster Responder
Program, Ryder is proud to support 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,
Instagram,
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 will introduce
its first vehicle in the last quarter of 2017 and will be the first
company in North America able to deliver large scale fleets of
commercial electric trucks immediately. Chanje will subsequently
introduce energy services 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.us
or facebook.com/ChanjeEnergy/,
twitter.com/ChanjeEnergy/
and instagram.com/ChanjeEnergy/.
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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Source: Ryder System, Inc.