Ryder Deploys its First BrightDrop Electric Vehicles into Rental Fleet

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the deployment of its first BrightDrop Zevo 600 electric vans at four strategic Ryder facilities in California, Texas, and New York. The introduction of BrightDrop’s electric vans within Ryder’s rental fleet marks an important step in the company’s ongoing efforts to meet the rising demand and adoption of commercial electric vehicles (EVs) in the United States. Earlier this year, Ryder announced plans to introduce 4,000 BrightDrop electric vans to its fleet through 2025, with the first 200 ordered this year.

To introduce these new EVs into the Ryder fleet, Ryder hosted “Ride & Drive” events for customers showcasing the BrightDrop vans, as well as EV chargers from ChargePoint. Customers experienced the power, safety, and efficiency of the vehicles and learned more about the latest in Ryder’s fleet investments and strategic initiatives with EV and charging manufacturers.

The BrightDrop Zevo 600 electric vans are now available for rent at Ryder locations in Southern California (Santa Fe Springs); Northern California (Hayward); Dallas-Fort Worth, Texas (Saginaw); and New York (Long Island City).

“Working with companies such as BrightDrop keeps Ryder at the forefront of identifying and testing advanced and emerging vehicle technology, and we’re excited to incorporate these new EVs into our fleet,” says Tom Havens, president of fleet management solutions for Ryder. “Through our partnerships with technology providers and equipment manufacturers, Ryder can offer commercial fleet management solutions that drive sustainability and operational goals for our customers.”

The BrightDrop Zevo 600 electric van boasts a range of up to 250 miles and can support a payload of 1,460 to 2,450 lbs. With a cargo capacity of 615 cubic feet, BrightDrop’s electric light commercial van offers the benefits of an electric powertrain with ample cargo space.

“Electrifying commercial fleets can reduce operating emissions without sacrificing range, safety, or performance,” said Steve Hornyak, chief commercial officer for BrightDrop. “By adding BrightDrop EVs to its fleet offerings, Ryder is helping make electrification possible for companies big and small.”

BrightDrop Zevos and other EV options are available for rent through the Ryder rental fleet, which provides flexible vehicle insurance coverage, around the clock roadside assistance, single-source maintenance, geotagging for tracking and monitoring vehicle usage, and more. The charging infrastructure at Ryder facilities is enabled by ChargePoint, a leading provider of networked hardware and software solutions for charging EVs, and public charging stations offer accessible charging options, enabling longer trips and greater flexibility.

Earlier this year, Ryder unveiled RyderElectric+™ as its new turnkey EV fleet solution. The new offering navigates the EV landscape for customers and provides electrification advisors, leased vehicles, charging, telematics, and maintenance all for one price.

“Ryder’s aim is to continue to evaluate and provide advanced vehicle technology solutions to help customers seamlessly integrate EVs into their business,” says Carlo Rodriguez, managing director for electric vehicles for Ryder.

For more information about RyderElectric+, visit Electric Vehicles (ryder.com) or call 855-RYDER-EV (793-3738). For more information about BrightDrop EVs, visit Electric Cargo Van Rentals | Rent Electric Vans | Ryder.

About Ryder System, Inc.
Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements, including our expectations with respect to electric vehicles, are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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