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Frequently Asked Questions
Answers to the most common questions about battery electric trucks, leasing, charging, and the transition to zero-emission transportation.
Leasing & Financing
4 questionsWhat is a Fair Market Value (FMV) lease?
An FMV lease is a leasing structure that allows fleets to operate equipment without assuming long-term ownership or residual value risk.
At the end of the lease term, you have the flexibility to return the truck, extend the lease, or evaluate upgrade opportunities based on your operational needs.
Why lease instead of own?
Battery electric truck technology continues to evolve rapidly.
Leasing provides flexibility, preserves capital, and reduces exposure to future residual value uncertainty while allowing fleets to access the operational benefits of electric trucks today.
Does ZET Financial provide 100% financing?
Yes. ZET Lease is structured to provide 100% financing, helping fleets preserve working capital and reduce upfront investment requirements.
What happens at the end of the lease?
Depending on the lease structure and your fleet requirements, you may be able to:
- Return the truck
- Extend the lease
- Upgrade to newer technology
- Evaluate alternative fleet strategies
Battery Electric Trucks
4 questionsAre electric trucks really less expensive to operate?
In many applications, yes. Battery electric trucks can reduce fuel and maintenance expenses significantly.
The only way to know for sure is through a Total Cost of Operation (TCO) analysis that evaluates financing, maintenance, charging, utilization, and operating requirements.
How far can electric trucks travel?
Range varies depending on the truck platform, payload, terrain, weather conditions, and operating profile.
Today's battery electric trucks offer significantly greater range than earlier generations and continue to improve as technology advances.
How long do batteries last?
Battery technology continues to improve and is designed for long-term commercial use.
Actual battery life depends on utilization, charging practices, operating conditions, and duty cycles.
Are electric trucks proven in real-world operations?
Yes. Large transportation fleets across North America are already operating battery electric trucks in commercial applications.
Many fleets have moved beyond pilot programs and are deploying vehicles at scale.
Charging Infrastructure
3 questionsDo I need to install charging equipment at my facility?
Not necessarily. Every fleet has different requirements.
Depending on your operation, charging may involve private infrastructure, shared charging facilities, public charging networks, or a combination of solutions.
Does ZET Financial sell charging equipment?
No. We're not in the charging business.
Our role is to act as an independent advisor and project coordinator, helping fleets evaluate available options and identify the solution that best supports their operation.
How do you determine what charging solution is needed?
We evaluate:
- Daily mileage
- Duty cycles
- Route structures
- Utilization patterns
- Dwell time
- Fleet growth plans
These factors help determine the most effective charging strategy for your operation.
Total Cost of Operation
2 questionsWhat is a TCO analysis?
A Total Cost of Operation analysis compares the true operating costs of battery electric trucks and diesel trucks.
The analysis evaluates financing, maintenance, fuel, electricity, utilization, and operational performance to help fleets make informed decisions.
Why is TCO important?
Focusing on only one cost category can lead to incorrect conclusions.
TCO provides a complete picture of fleet economics and helps identify opportunities to reduce long-term operating costs.
ZET Scale
4 questionsWhat is ZET Scale?
ZET Scale is a coordinated ecosystem designed to accelerate the deployment of battery electric trucks by aligning shippers, carriers, OEMs, charging providers, and finance partners.
Do I have to participate in the full ZET Scale program?
No. Some organizations only utilize ZET Lease financing.
Others participate in additional ZET Scale opportunities such as freight access, charging solutions, and procurement programs.
How does freight access work?
Participating carriers may gain introductions to participating shippers and access to qualifying freight opportunities aligned with their operating profile.
Specific opportunities vary based on shipper requirements, geography, and fleet capabilities.
Is ZET Scale only for large fleets?
No. ZET Scale is designed to support fleets of various sizes.
The appropriate solution depends on your operation, goals, and deployment strategy.
Getting Started
2 questionsWhat happens during the first consultation?
We discuss your fleet operation, routes, mileage, charging requirements, and business goals.
From there, we determine whether battery electric trucks may be a good fit and identify the most practical path forward.
How do I get started?
The easiest way to begin is by scheduling a strategy call with our team.
We'll evaluate your operation, answer your questions, and help you understand the opportunities available for your fleet.
STILL HAVE QUESTIONS?
Let's Talk About Your Fleet
Every operation is different. The fastest way to get answers specific to your fleet is a short strategy call with our team.