Asset Alliance inks £160m deal with DAF for 1,500 electric and diesel trucks

Asset Alliance Group has agreed an order with DAF for 1,500 new electric and diesel trucks, in a deal worth more than £160m.

The agreement will see the company take delivery of the vehicles from 2023 onwards – and will include at least 75 trucks from DAF’s new electric vehicle range.

Asset Alliance Group chief executive Willie Paterson said: “Amid the industry’s supply shortages, the deal represents an enormous commitment for Asset Alliance Group and DAF, underlining the strong relationship we have enjoyed for many years and our commitment to the environment and zero emissions. It gets 2023 off to a great start for us.

“With the backing of Arbuthnot Latham Private & Commercial Bank, the order for 1,500 electric and diesel trucks clearly demonstrates that we have the spending power to go out and do such a huge chunk of business – cementing our growing reputation as a major player in the market – with a focus on the zero-emission challenge for our customers.”

The bulk of the order will be a mix of New Generation DAF XF and XG tractor units. It will also include some New Generation DAF XD tractors and rigids in both electric and diesel drivelines.

The vehicles, which were purchased with full manufacturer R&M packages, will be maintained through the DAF dealer network, which is in more than 130 locations in the UK and Ireland.

Marc Mellon, Asset Alliance Group’s director of asset management, said: “This is a huge deal for us and has been many months in the making.

“It secures the number of trucks we need to maintain the quality of our fleet and high standard of operations, ensuring we can continue to supply our existing customers with exceptional modern, fuel-efficient vehicles, while also attracting new business with what will be the rapidly developing electric market.”

He adds: “We are buying the trucks with R&M packages to show our support for DAF’s excellent nationwide dealer network, which will provide our customers with industry-leading advice, service and expertise from highly qualified professionals.”

Russell Patmore, DAF truck sales director, added: “The size of the deal and the commitment to DAF zero emission electric vehicles speaks volumes for our trusted partnership with Asset Alliance Group and builds on years of doing business together.

“As the market-leading commercial vehicle manufacturer in the UK, we are delighted to supply a range of New Generation electric and diesel models over three years to meet long haul and distribution applications. These trucks uniquely take advantage of the latest weights and dimension legislation to secure class-leading performance in both electric and diesel format.”

DAF is the only major commercial vehicle manufacturer building trucks in Britain, with its factory in Leyland manufacturing more than 15,000 electric and diesel vehicles every year.

The post Asset Alliance inks £160m deal with DAF for 1,500 electric and diesel trucks appeared first on Motor Transport.

Shopping Cart
Scroll to Top
Scroll to Top