Fleet electrification leader announces major product release, new executive team members and record sales year
XL, a leader in connected vehicle electrification solutions for commercial, utility, and municipal fleets, announced it will unveil a plug-in hybrid electric version of the popular Ford F-250 pickup truck at the NTEA Work Truck Show, March 5-8 in Indianapolis. The product will support a continued expansion of the company’s successful plug-in hybrid electric (PHEV) product family, which also includes the PHEV Ford F-150 that the company began shipping in 2018 to municipal and utility fleets including CPS Energy, Tacoma Public Utility, City of Palo Alto, and many more.
As with the PHEV F-150, which has been proven to provide up to a 50 percent MPG improvement and 33 percent CO2 emissions reduction, the PHEV F-250 will include a driveshaft-mounted electric motor powered by a lithium ion battery pack that can be charged using standard level 2 and 1 chargers. The truck will also feature regenerative braking, enabling it to store energy in the battery while slowing, and then use that energy to help propel the vehicle during acceleration. Because the XL plug-in hybrid electric system works in parallel with the factory gas-powered engine, fleets will not need to be concerned over vehicle range, performance, or infrastructure requirements, and XL’s Ford eQVM certification ensures that all standard OEM warranties on the vehicle will remain intact.
Product specifications will be available during the NTEA show, and XL will display a PHEV F-250 in its booth (#3175). The company will hold a press conference in its booth on Wednesday, March 6 at 3:40 PM to formally launch the vehicle to the fleet industry. For more information about the PHEV F-250, including early access to the details that will be made available at the show, fleet managers can also visit www.xlfleet.com/PHEV-F250.
In addition to the new product announcement, the company also reported record sales for 2018, with more than 65 percentrevenue growth over 2017 totals. Over the past year, the company expanded its leadership position in the fleet electrification market, with new products, a refined brand identity, several prominent industry awards, and significant customer additions.
“This is a very exciting time for XL,” Tod Hynes, CEO and founder, says. “With the expansion of our PHEV line…we are in great position to build off our 2018 momentum and hit the ground running with even broader offerings and capabilities for our fleet customers in the coming year, and beyond.”
Find out more, visit www.xlfleet.com.