US commercial vehicle manufacturer Mack Trucks has launched a new Vehicle-as-a-Service (VaaS) program. Essentially an all-inclusive leasing scheme, the company hopes to help customers manage expenses associated with acquiring the Mack LR Electric truck and integrate it into existing warranties.
The VaaS now introduced includes the vehicle chassis, the refuse body, applicable taxes and a vehicle protection plan for the Mack LR Electric refuse model, Mack’s first fully electric Class 8 vehicle.
The company which belongs to Volvo Group, added, qualified customers could also bundle a charger and associated installation costs into a single invoice but did not specify what qualifies a customer.
There are also new integrated insurance services offered through Mack Financial Services on a digital platform. The new service enables enhanced capabilities, allowing customers to access different coverages, make claims and handle their other insurance-related needs online, so Mack Trucks.
The new VaaS program is offered as a five-year lease with single monthly payments and the option to renew. Prices were not disclosed.
“The Mack Vehicle-as-a-Service program is designed to address any customer hesitations in adopting electromobility by offering zero upfront costs”George Fotopoulos, Mack vice president of the e-mobility business unit
Mack so far offers one electric truck model. The LR Electric model may be fitted with equipment bodies from several manufacturers and otherwise builds on the company’s existing diesel model