US commercial vehicle manufacturer Mack Trucks, part of the Volvo Group, is now offering ElectriFi Subscription, a pay-as-you-go leasing option exclusive to new Mack MD Electric models.

The new service allows customers to pay as they go and is available for the MD Electric, which the company launched earlier this year. The subscription bundles miles driven, "charging, applicable incentives, physical damage insurance and maintenance costs" into a single monthly payment. The goal is to make it easier for fleet operators to test or switch to electric vehicles without having to make an upfront investment.

The subscription runs for a minimum of three years and can be extended to a maximum of six years, Mack Trucks said.

In addition to the ElectriFi Subscription option, Mack Financial Services also offers ElectriFi Infrastructure and ElectriFi Lease. Specifically, Mack will help customers set up the infrastructure, advise on the right hardware and software, and assist with installation.

Jonathan Randall, president of Mack Trucks North America, emphasized the company's dedication to electrification and customer support, stating, “Mack Trucks is a leader in electrification, and we remain committed to ensuring customers have reliable, durable electric vehicles and the support necessary to operate them. Together with Mack Financial Services, we developed this unique program to assist in the deployment of BEVs through a solution that gives customers peace of mind. Customers can run electric trucks knowing that Mack and Mack Financial Services are standing behind them and the product.”

Mack introduced the Mack MD Electric in March 2023 and began taking orders in July 2023. It is an offshoot of the diesel-powered version introduced in 2020. Both the Class 6 and Class 7 variants produce up to 194 kW and come with two battery options: The NMC cell batteries offer 150 or 240 kWh capacity and provide ranges of 150 and 230 miles (approximately 240 and 37MD Electric and all on-board accessories are powered by nickel-manganese-cobalt-oxide (NMC) lithium-ion batteries, in either a 150 kWh or 240 kWh configuration.

Source: Mack Trucks