Daimler Truck Financial Services (DTFS) has announced plans to expand its offerings beyond traditional financial services to include a range of solutions for zero-emission vehicles.

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Source: Daimler

The financial services arm of Daimler Truck Group has reported that it is developing new products and business models for electric vehicles, including solutions for charging infrastructure, expanded insurance offerings, further development of rental services, and the establishment of a payment solution.

Stephan Unger, CEO of DTFS, commented: “The transformation into a holistic provider of integrated service solutions reflects our commitment to help shape the future of emission-free transport.”

He added that the company’s approach will ensure that customers can ”not only finance a vehicle, but also include the charging infrastructure and electricity in their Total Cost of Ownership (TCO)” at fixed monthly installments. This will enable customers to add electric trucks and buses to their portfolio with predictable costs and reduced risk.

In the United States, DTFS has partnered with EV charging site operator Electrada to offer a “Charging-as-a-Service” (CaaS) package. This includes advice, vehicle financing, installation of charging stations, and an integrated electricity tariff. A pilot project with freight forwarder Salem Carriers has begun.

In Japan, DTFS offers a “Green Lease” product for the electric Fuso eCanter. Japanese freight forwarder Yamato has reportedly ordered 900 FUSO eCanters with this lease option, which includes the vehicle, a maintenance contract, and special warranties.

In Europe, DTFS offers Service Leasing Packages in some markets, integrating service and repairs. The company also finances charging stations through its “TruckCharge” brand.

DTFS began operations in December 2021 as part of the Daimler Truck Group and currently operates in 17 countries. As of the end of 2023, the company reported a contract volume of €.28.3 billion.