Volta Trucks partnership with SGFT

SGEF is providing Operating and Finance Lease finance packages to support customer agreements with Volta Trucks in all of its European markets.

Stockholm, Sweden- Volta Trucks AB., a commercial vehicle manufacturer and services provider, has announced a partnership with Societe Generale Equipment Finance SA (SGEF)., to offer vehicle financing as part of Volta Trucks’ Truck as a Service (TaaS) solution.

With over 25 years of experience working with businesses and serving a variety of industries, SGEF is a financier for equipment and vendor finance. For up to eight years, SGEF is providing Operating and Finance Lease finance packages to support customer agreements with Volta Trucks in all of its European markets.

Volta Trucks provides seven turnkey product solutions, including financing, insurance, and service & maintenance, to enable operators to maximise vehicle uptime and operational efficiency. This innovative Truck as a Service solution enables a seamless, simplified, and tailored transition to an electric fleet.

Mr. Essa Al-Saleh, Chief Executive Officer of Volta Trucks, said that, It gives us great pleasure to collaborate with Societe Generale Equipment Finance. Their wealth of financial knowledge will enable us to reach a wider audience, hasten fleet adoption, and influence the industry for the better. We can offer clients a lower Total Cost of Ownership thanks to these customised loan options and the Volta Zero's residual value as we work to accelerate the switch to an all-electric future.

Ms. Florence Roussel-Pollet, SGEF Chief Commercial Officer, said that, We at Societe Generale Equipment Finance are dedicated to supporting efforts that promote a more environmentally friendly future. With this financial assistance, firms will be able to embrace the shift to electric fleets, promoting sustainability and innovation in the sector. We are pleased to help advance electric fleet solutions in Europe.