Electric trucks are rapidly transforming commercial transportation in Singapore. As businesses aim for efficiency, sustainability, and cost savings, fleet expansion becomes a vital decision. However, purchasing new vehicles requires significant capital, and not every business is ready for such an investment.
If you’ve been wondering whether to grow your EV fleet, now is the time to assess your needs. Are delivery demands rising? Is fuel and maintenance eating away at profits? Are you trying to align with sustainability goals or take advantage of Singapore’s EV incentives? If the answer to any of these is yes, expanding your fleet through electric truck leasing could be the smartest move.
Unlike traditional vehicle purchases, leasing electric trucks allows businesses to scale operations without high upfront costs. EVFY provides flexible leasing options tailored to businesses looking for efficient, cost-effective expansion. Below, we’ll outline key indicators that signal it’s time to grow your fleet and why leasing through EVFY is the best solution.
TL;DR (Key Takeaways)
Scaling your fleet is essential if your current trucks are at maximum capacity and delivery volumes are increasing.
Leasing electric trucks provides financial flexibility, reducing upfront costs and allowing for strategic growth.
Government incentives in Singapore make electric truck leasing more affordable and advantageous.
A larger fleet can improve operational efficiency, minimize fuel costs, and support sustainability goals.
Choosing EVFY offers businesses seamless fleet expansion, without the long-term risks of ownership.
Key Signs It’s Time to Expand Your EV Truck Fleet
1. Growing Customer Demand Requires Faster Deliveries
Rising demand means tighter schedules. If your current EV fleet is struggling to meet deadlines, delays can hurt customer satisfaction and business growth.
Signs your fleet isn’t keeping up:
Delivery times are increasing despite best efforts.
Trucks are consistently operating at full capacity with no flexibility.
Customer complaints are growing due to delays or missed deliveries.
Expanding with electric truck leasing Singapore ensures operational efficiency. More trucks allow businesses to maintain fast delivery speeds and enhance reliability.
2. High Operational Costs on Traditional Vehicles
Running traditional fuel-powered trucks is costly. From fluctuating fuel prices to frequent maintenance, these expenses add up. Electric trucks eliminate fuel costs, significantly reducing overall fleet expenses.
Benefits of switching to an all-electric fleet:
EVs require less maintenance due to fewer moving parts.
Electricity costs remain more stable compared to fuel prices.
Expanding through leasing eliminates high upfront investment risks.
With EVFY’s leasing options, businesses transition to a cost-effective fleet strategy without financial strain.
3. Sustainability Goals Are Driving Fleet Expansion
Many Singaporean businesses are committing to greener logistics to meet corporate responsibility standards. Switching to EVs enhances environmental sustainability while complying with evolving regulations.
Why sustainability matters:
Reduced carbon footprint aligns with government incentives for clean energy.
A green fleet enhances brand reputation among eco-conscious customers.
EV trucks offer long-term savings while supporting emission reduction targets.
If your business is pushing for environmental commitments, growing your EV fleet ensures compliance and future-proofing.
4. Singapore’s EV Incentives Make Expansion Attractive
Singapore is actively promoting EV adoption through rebates, tax benefits, and other incentives. Companies transitioning to electric trucks can take advantage of financial support, reducing leasing costs significantly.
Key incentives that benefit businesses:
Government rebates helping offset the cost of fleet expansion.
EV charging infrastructure growth, making fleet operations seamless.
Expanding now allows businesses to maximize these incentives, improving overall cost efficiency.
5. Your Fleet Is Overloaded and Lacks Flexibility
If your existing fleet is always booked, operational delays and logistical inefficiencies become common. Adding trucks through leasing ensures scalability without commitment to long-term purchases.
Signs your fleet needs expansion:
Unable to handle seasonal demand spikes efficiently.
Existing trucks are running back-to-back shifts without breaks.
Delays in service impact customer retention and reputation.
Scaling with EVFY’s leasing solutions prevents fleet strain, ensuring adaptability and improved service performance.
Why Electric Truck Leasing Is the Smartest Strategy
Leasing with EVFY offers businesses the flexibility to scale efficiently while eliminating the risks of ownership. Here’s why leasing beats purchasing:
Lower Initial Costs – Fleet expansion doesn’t require large upfront investments.
Fixed Monthly Payments – Predictable expenses improve financial planning and stability.
Access to Newest Models – Upgrade to latest EV truck technology as needed.
Maintenance Included – No unexpected repair bills—EVFY covers servicing.
Scalability Without Commitment – Lease what you need, adjust fleet size as demand grows.
EV Trucks Available for Leasing Through EVFY
Selecting the right EV truck depends on business logistics needs. Below are some of EVFY’s available models for lease:
BYD T3 – Compact, Cost-Effective, Ideal for Urban Deliveries
Max Payload: 780 kg
Cargo Volume: 3800 L
Range: Up to 300 km
Charge Time: AC 7.6 h / DC 1.3 h
DFSK EC35 – Large Cargo Capacity, Designed for Heavy Loads
Max Payload: 1100 kg
Cargo Volume: 4800 L
Range: Up to 331 km
Charge Time: AC 5.9 h / DC 1.0 h
Golden Dragon XML5036 – High-Volume Truck for Bulk Deliveries
Max Payload: 1730 kg
Cargo Volume: 6500 L
Range: Up to 250 km
Charge Time: AC 7.6 h / DC 1.3 h
DFSK EC31 – Compact, Maneuverable, Ideal for Tight Urban Logistics
Max Payload: 1280 kg
Cargo Volume: 3500 L
Range: Up to 280 km
Charge Time: AC 5.9 h / DC 1.0 h
SRM T3 – High Payload Capacity with Extended Range
Max Payload: 1625 kg
Cargo Volume: 3500 L
Range: Up to 300 km
Charge Time: AC 8.1 h / DC 1.3 h
Why Now Is the Best Time for Electric Truck Leasing Singapore
Singapore’s EV market is evolving rapidly. Current trends highlight why leasing EV trucks today ensures businesses stay ahead:
Increased Corporate EV Adoption – Logistics and delivery businesses are transitioning to full EV fleets to cut costs and emissions.
Expanding Charging Networks – More charging stations are being developed for smoother fleet operations.
Regulatory Shifts Toward Lower Emissions – Compliance standards favor EV adoption, encouraging businesses to expand fleets early.
Competitive Leasing Rates – As EV adoption grows, leasing costs remain affordable, making fleet expansion financially viable.
Companies that scale now benefit from early investment advantages before demand further increases.
Ready to Expand? Contact EVFY Today
Fleet expansion doesn’t have to be costly or complicated. With EVFY’s electric truck leasing Singapore solutions, businesses can scale effectively, reduce operational costs, and align with industry trends—without major financial risks.
Cut fuel and maintenance costs.
Improve delivery efficiency.
Stay ahead of sustainability and compliance goals.
Contact EVFY today to explore leasing plans designed for your business needs.