Peterbilt, PacLease Offer Model 220EV Special Financing

Peterbilt announced a special introductory lease offer on the Peterbilt Model 220EV battery-electric medium-duty truck through PacLease, offering lower monthly payments for the first year of the six-year lease.

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September 1, 2020

Peterbilt, PacLease Offer Model 220EV Special Financing — The Peterbilt Model 220EV offered as part of the special lease program is a non-CDL variant featuring a 100- mile range rating, 218-inch wheelbase, and a 24-inch Morgan Body with a liftgate.
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Peterbilt announced a special introductory lease offer on the Peterbilt Model 220EV through PacLease. The six-year lease will feature a lower monthly payment for the first year and transition to a regular payment for the remainder of the lease. This introductory lease offer can be used in conjunction with regional and state grants that are available for battery-electric vehicles.

The Model 220EV is Peterbilt’s first electric configuration for medium-duty applications in a Class 6 or 7 vehicle. Offered as part of the special lease program is a non-CDL variant featuring a 100- mile range rating, 218-inch wheelbase, and a 24-inch Morgan Body with a liftgate, making it ideal for pickup and delivery applications.

The Model 220EV is powered by a Dana Electric Powertrain and uses a standard driveshaft and axle. The Class 6 version e-motor puts out 154 kW (207 hp) of continuous power and 250 kW (355 hp) peak power. The Class 7 version e-motor puts out 259 kW (347 hp) of continuous power and 350 kW (469 hp) of peak power.

“Adding the Peterbilt Model 220EV to our SmartSpec Tool was a big first step and now with this special introductory lease offer through PacLease, Peterbilt again leads the charge in providing a flexible, innovative solution for customers looking to add electric cab-over vehicles to their fleet”, said Jason Skoog, Peterbilt general manager and Paccar vice president. “In the near future, several dealers will offer Model 220EVs as part of their rental programs so customers can try the Model 220EV for themselves and see all the benefits that electrification offers.”

Correction: An earlier version of this story said the 220EV is powered by a Meritor/Transpower system. Although an early version of the 220EV displayed at the CES electronics show in 2019 did feature the Meritor system, in January of 2020, Peterbilt announced that it would integrate Dana’s Spicer Electrified e-propulsion system into its 220EV chassis.Peterbilt's electric Model 579EV and Model 520EV models do use the Meritor/Transpower system. We apologize for the error.