United Rental has placed an order with Ford for more than 500 electric vehicles

United Rental has placed an order with Ford for more than 500 electric vehicles

500 Ford F-150 Lightning electric trucks and 30 Ford E-Transit electric vans will be purchased by the world’s largest equipment rental firm.

United Rental has placed an order with Ford for more than 500 electric vehicles

Ford, like other traditional manufacturers, has spent billions of dollars developing and producing its electric vehicle lineup. Ford said in March that it would split its electric vehicle and internal combustion engine activities into two separate wings to speed up its technology adoption.

As part of its target to lower its fleet’s greenhouse gas emissions by 35 percent by 2030, United Rental expects 120 trucks and all 30 vans to be delivered and deployed this year. Customers on construction and industrial sites, as well as its own sales, service, and delivery workers, will use the vehicles.

Earlier this year, the Detroit automaker said it would nearly double the annual production of the F-150 Lightning to 150,000 per year based on a high number of reservations.

Ford’s heavy investment in electric vehicles — its own and others — has come at a cost. The company reported two weeks ago that it lost $3.1 billion in the first quarter, weighed down by its investment in the electric-vehicle startup Rivian. Sales were also dinged as a shortage of chips limited the supply of pickups and SUVs in North America.

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