sustainable fleets

The State of Sustainable Fleets 2026 Market Brief delivers a comprehensive assessment of an industry navigating one of the most complex operating environments in modern trucking. Authored by TRC Companies, a WSP member company, this year’s report highlights how fleets are adapting through powertrain and fuel diversification, advancing technologies, changing policy landscapes and new funding opportunities.

As uncertainty continues across regulations, infrastructure and supply chains, fleets are shifting strategies. Rather than relying on a single solution, many are managing total cost of ownership (TCO) across a portfolio of technologies — a data-driven diversification strategy linked to stronger operational resilience.

The report also explores how artificial intelligence (AI) is moving from pilot programs into mainstream fleet operations, supporting applications such as route planning, predictive maintenance and dispatching. It also examines how more than $5 billion in annual funding through 2028 is supporting continued investment in clean transportation.

Key highlights from the brief include:

  • Trends in fuel and powertrain diversification
  • TCO strategies and risk-based decision-making
  • Funding outlook through 2028
  • Growing role of AI in real-world fleet operations
  • Maturing clean technology markets
  • Shifting policy and regulatory landscape

Innovation, research and development of commercial vehicle technology continue to increase, and there has been an unprecedented wave of private investment, public funding and policy focus across the commercial transportation sector, bringing more sustainable solutions to fleets.

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Alternative fuel vehicles hold significant promise for reducing emissions, but new advancements in diesel-powered internal combustion engines are also helping fleets improve fuel economy and reach their sustainability goals.

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Electric Fleets

Fleet managers are closely monitoring the potential of electric fleets, and Penske Truck Leasing is helping them explore and integrate this new technology. As a leading advisor to executives seeking more sustainable fleet solutions and alternative fuels, we have been operating, supporting and maintaining alternative-fueled vehicle fleets for more than 30 years including commercial electric vehicles for a decade.

Through research, pilot projects and innovative partnerships, Penske continues to support new initiatives to help modern fleets enjoy the financial and environmental benefits of BEVs.

Sustainable Fleet Initiatives We're Leading

Battery Electric Commercial Truck Test Fleet

Penske works with original equipment manufacturers (OEMs) in the electric vehicle market to ensure that battery electric commercial trucks are on track to meet full-service truck leasing transportation requirements.

The Penske Truck Leasing EV Evaluation Fleet includes vehicles such as the Freightliner eCascadia (class 8), Freightliner eM2 (class 6 and 7), Volvo VNR electric tractor (class 8), International® eMV™ (class 6 and 7), Ford E-Transit (Class 2), Orange EV e-Triever electric terminal truck (class 8 yard tractor), Freightliner Custom Chassis MT50e walk-in (class 5 and 6), and XOS walk-in (class 6).

We are working with customers to evaluate these BEVs for various markets and deploy battery electric commercial trucks in real-world applications.

All-Electric Cargo Vans Now Available

Penske continues to expand and diversify our electric vehicle options with the introduction of the all-electric Ford E-Transit cargo vans into our fleet. This more sustainable transportation option is the first light-duty electric truck available to our full-service leasing and commercial rental customers.

The Ford E-Transit electric zero tailpipe emission vehicle is the first all-electric cargo van from a full-line automaker in North America, with a payload of up to 3,800 lbs. and an estimated range of over 100 miles.

Electric Vehicle Charging Network

The availability of charging stations is a key concern for electric delivery trucks. Penske has implemented a network of heavy-duty electric high-speed charging stations in Southern California with select locations that are equipped with an innovative battery energy storage system designed to offset demand on the electricity grid during peak charging times.

charging stations

We are committed to building the infrastructure needed to encourage broader adoption of electric delivery trucks and other BEVs. We also believe that standardization around EV charging will help accelerate adoption and are a member of the Charging Interface Initiative (CharIN), a worldwide industry alliance focused on promoting Combined Charging System (CCS) as the global standard for charging EVs of all types.

Sustainable Fleet Research

Penske is supporting original research that can help transportation leaders make informed choices about the future of their fleets, including the annual State of Sustainable Fleets report created by California-based clean technology consulting firm Gladstein, Neandross & Associates.

Download the 2025 report to learn more about the key trends and performance metrics that are accelerating the adoption of sustainable vehicles in the U.S. on-road transportation industry.

Support for Today's Fleet Leaders

Penske is helping commercial fleets take advantage of the cost savings and environmental benefits that BEVs offer.

We can help you navigate the steps, find the best options, and identify maintenance and safety requirements.