$URI to Rent Out $F EV Vans & Trucks

Charts for both symbols in the thread on twitter:


1) $URI to rent out $F EV vans and trucks:


May 10, 2022 08:30 AM Eastern Daylight Time
STAMFORD, Conn.–(BUSINESS WIRE)–United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced a new agreement with Ford Pro to purchase all-electric vehicles for its North American rental and company fleets. The agreement initially includes orders for 500 F-150 Lightning trucks and 30 E-Transit vans, with 120 trucks and all 30 vans to be delivered in 2022. The vehicles will be used by United Rentals customers on construction and industrial jobsites, and by the company’s sales, service and delivery personnel.

United Rentals has selected the Ford F-150 Lightning model with a maximum target range of 320 miles and a maximum towing capacity of 10,000 lbs. The E-Transit is an all-electric commercial cargo van with a target range of 126 miles. Both models are equipped with Pro Power On-board and an array of connectivity features, including F-150 Lightning’s game changing technology – Intelligent Back-Up Power. The company expects to deploy the vehicles in the second half of 2022.

Matthew Flannery, chief executive officer of United Rentals, said, “We’re pleased to demonstrate leadership in the use of 100% electric vehicles in the construction and industrial rental sectors. We’re committed to helping our rental customers meet their greenhouse gas reduction goals by integrating more sustainable solutions into our fleet. This investment expands our strategic partnership with Ford and reflects our dual commitment to alternative energy solutions for our customers and operations.”

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