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Iveco Group introduces new pay-per-use business for electric trucks and vans

Iveco Group has created a new entity: GATE (Green & Advanced Transport Ecosystem), a long-term, all-inclusive rental model for electric trucks and vans, which will support the industry’s energy transition.

The expected operational launch date is mid-2023, when GATE, as a fully digitalized business, will begin offering its services to pilot clients in Italy.

GATE will have an independent business structure with employees dedicated to meeting the needs of electric commercial vehicle customers, initially serving both the IVECO and Nikola brands. The new entity will offer a comprehensive service based on a pay-per-use formula. A full ecosystem focused on a variety of zero-emission vehicles, from last mile delivery to long haulage.

With green equipment at its core, the ecosystem will deliver sustainable solutions to customers, who can define the level of support and flexibility they require to run their business and make the most of all the services GATE will make available, including maintenance & repair, connectivity and telematics, financing, insurance, energy, and additional ancillary services.

Iveco Group comprises eight unique brands. The product range includes Light, Medium and Heavy Commercial Vehicles (IVECO), Powertrain (FPT Industrial), Buses (Heuliez, IVECO Bus), Financial Services (Iveco Capital), and Specialty Vehicles (IDV, ASTRA and Magirus).

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