STOCK TITAN

Custom Truck One Source and Battle Motors Announce New Partnership

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

Custom Truck One Source (CTOS) has announced its partnership with Battle Motors to expand its truck offerings, which will include the full cabover line of electric trucks. This collaboration enables Battle Motors to utilize Custom Truck's distribution channels, enhancing their market presence while providing comprehensive customer support. The partnership caters to the refuse and municipal markets, offering CARB-compliant solutions. With decades of design expertise, Battle Motors focuses on innovation in heavy-duty trucks, ensuring reliability across various applications.

Positive
  • Addition of Battle Motors expands Custom Truck's product offerings with electric trucks.
  • Partnership enhances market presence for Battle Motors through Custom Truck's distribution channels.
  • Collaboration provides CARB emission compliance solutions for refuse and municipal markets.
Negative
  • None.

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Custom Truck One Source (Custom Truck) is excited to announce the expansion of their offerings with the addition of Battle Motors to their truck inventory.

Custom Truck One Source will offer Battle Motor's full cabover line including electric trucks. (Photo: Business Wire)

Custom Truck One Source will offer Battle Motor's full cabover line including electric trucks. (Photo: Business Wire)

As part of the partnership, Custom Truck will offer Battle Motor’s full cabover line including electric trucks, as well as parts and service to the Kansas City, MO market and other cities. The partnership will enable Battle Motors to leverage Custom Truck’s distribution channels and expand their market presence while providing first-class customer service and support on a national level.

“We are excited to expand Custom Truck’s chassis offerings through the addition of Battle Motors,” said Fred Ross, CEO of Custom Truck. “This partnership will allow us to offer electric powered options to our customers as part of our 'one source' offering.”

Custom Truck offers a comprehensive range of services to the heavy equipment market. The company sells, rents, customizes, remanufactures and services a diverse range of machinery and assets. The addition of Battle Motors products allows Custom Truck to offer CARB emission compliance solutions for sales and rental customers, better serving the refuse & municipal markets.

No newcomer to the industry, Battle Motors is building upon decades of design and engineering expertise to produce heavy duty trucks—including a fully electric chassis. Every truck is purpose-built to excel in a multitude of environments and applications, including refuse, recycling, construction, utility, and delivery. In the refuse and recycling space, electric trucks are available for front, rear and automated side-loader applications and in both standard and crew cab configurations.

“Battle Motors is pleased to aggressively enter the Utility Truck space with the industry leader Custom Truck One Source. We are focused on driving technology and innovation that gives our customers exceptional value, confidence, and performance. Partnering with a leading dealership like Custom Truck allows us to step-up that mission,” said Michael Patterson, CEO & Chairman of Battle Motors.

ABOUT CUSTOM TRUCK ONE SOURCE

Custom Truck One Source (Custom Truck) is the first true single-source provider of specialized truck and heavy equipment solutions, offering a vast rental fleet, new and used equipment sales, aftermarket parts and tooling supply, world-class service, customization and remanufacturing, in-house financing solutions and reliable liquidity of aged assets through our auction. Our equipment breadth, seasoned experts, and integrated network of locations across North America together deliver superior service and unmatched efficiency to our customers. Dig in at customtruck.com and keep up with us on Facebook, Instagram and Twitter.

ABOUT BATTLE MOTORS

Battle Motors was founded in 2021 by Mike Patterson, the founder of Romeo Power. Battle Motors, a leader in the development of electric vehicle (EV) technology, acquired commercial vehicle Original Equipment Manufacturer (OEM), Crane Carrier Company, LLC (CCC) in 2021. Battle Motors is the leader in the vocational truck industry, providing work-ready diesel, clean natural gas (CNG), and now EV chassis designed and manufactured in North America for the refuse and recycling markets. Battle Motor’s durable, dependable trucks are built to excel in a multitude of applications that now include middle-mile and last-mile delivery. CCC has been manufacturing commercial vehicles for 76 years and is based in New Philadelphia, Ohio. For more information please visit: https://www.battlemotors.com and follow us @BattleMotors

Media Contact for Custom Truck One Source

Heather Bristow

hbristow@customtruck.com

Media Contact for Battle Motors

Jennifer Gross

Jennifer@Battlemotors.com

Source: Custom Truck One Source, Inc.

FAQ

What partnership did Custom Truck One Source announce in October 2022?

Custom Truck One Source announced a partnership with Battle Motors to expand its truck inventory, including electric trucks.

What does the partnership with Battle Motors offer to Custom Truck customers?

The partnership offers Custom Truck customers access to Battle Motors' full cabover line, including electric trucks and parts.

How will the partnership affect the Kansas City market?

The partnership will enable Custom Truck to provide Battle Motors' products and services in the Kansas City market and beyond.

What market segments will benefit from Custom Truck's expanded offerings with Battle Motors?

The refuse and municipal markets will benefit from CARB-compliant solutions through the expanded offerings.

Custom Truck One Source, Inc.

NYSE:CTOS

CTOS Rankings

CTOS Latest News

CTOS Stock Data

1.31B
50.04M
4.89%
95.66%
1.97%
Rental & Leasing Services
Services-equipment Rental & Leasing, Nec
Link
United States of America
KANSAS CITY