Planet Financial specializes in Trucks and Trailers Financing, Commercial Truck Financing and Re-Financing of all type of Trucks and Trailers. We deal with both new Truck Loans, commercial truck loans, used truck loans, and trailer loans and Leasing of all makes and model. Most of these electric trucks are hugely capable and some come with high price tags, but we feel that the selection of upcoming electric pickups will soon be vast enough to suit most budgets and tastes. Of course, some electric trucks have turned out to be more highly anticipated than others, but each of the trucks below promises to offer something unique and compelling. Currently, only 1% of fleet vehicles are completely electric. It is estimated that this number will rise to 12% by 2030.  Some of the best electric trucks are:


The Freightliner eCascadia electric semi truck is a 100% battery electric Freightliner Cascadia with the efficiency , safety and aerodynamics that make it worthy of it’s name. With an 80klb GVW, the eCascadia is perfect for short-haul, last mile logistics, with the superior performance, comfort and driver experience you’d expect, all in a truck that makes great business sense the electric freightliner eCascadia is rapidly approaching a million miles on North American roads. This electric truck has an increased 35% fuel efficiency (as compared to the older version), and a 250-mile driving range. The Freightliner eCascadia has a 730 horsepower engine with 550 kWh batteries. You can recharge 80% capacity in 90 minutes and cover another 200 miles.


The Nikola One utilizes a fully electric drivetrain powered by high-density lithium batteries. Energy will be supplied on-the-go by a hydrogen fuel cell giving the Nikola One a range of 800 – 1,200 miles while delivering over 1,000 horsepower and 2,000 ft. lbs. of torque – nearly double that of any semi-truck on the road. Never has a production model class 8 truck achieved best-in-class fuel efficiency while also dramatically improving performance over its diesel competition – all with zero-emissions.

The Nikola One leasing program will include unlimited hydrogen fuel, warranty and scheduled maintenance during a 72-month term. To date, Nikola Motor Company has accepted reservations totaling nearly three billion dollars in future orders.


‘Tesla Semi’ is an heavy-duty all-electric truck program at Tesla led by Jerome Guillen, Tesla’s former Model S Program Director and VP of Vehicle Engineering. Before joining Tesla, Guillen was an executive at Daimler where he successfully led the development of the Cascadia truck program.

The company initially announced that the truck would have a 500 miles (805 km) range on a full charge and with its new batteries it would be able to run for 400 miles (640 km) after an 80% charge in 30 minutes using a solar-powered “Tesla Megacharger” charging station. Tesla CEO Elon Musk said that the Semi would come standard with Tesla Autopilot that allows semi-autonomous driving on highways.


While the VNR Electric is revolutionary, the truck itself is immediately familiar, based on the highly popular Volvo VNR. Drivers will instantly recognize the maneuverability, visibility, and safety that are part of every VNR. With the travel range of  130-180 miles, the Volvo VNR Electric trucks are good for urban usages like waste collection, delivery transport, consumables and light construction work. The VNR FL weighs 16 tones has a power output of 200 kWh, and takes about 60-90 minutes to charge depending upon the number of batteries (4 or 6). The VNR FE is coming with 4 batteries, chargeable in under an hour, 330 kWh output, and 27-ton weight.


BYD is one of the few companies that is already delivering the biggest, Class 8 electric truck to the market in North America and here is one of the 21 ordered by Anheuser-Busch. It’s the second-generation 8TT model that turns driving into something very smooth and quiet compared to diesel counterparts. Its electric engine puts out  483 hp, and it’s proprietary motor technologies provide 1, 770 lb-ft of instant torque, maximizing performance. It features a range perfect for delivery at 125 miles, and it’s top speed is a reasonable 65 mph with a maximum gradeability of 25 percent. The 8TT has a curb weight of 26,235 lbs. and it’s GCWR is 105,000 lbs., so there will be no worry about the weight of uplifts.

Our Office is open, and we are located In Mississauga Ontario. We are taking all the precautions during Covid-19 and we encourage you to wear a mask and sanitize our hands become coming to our office.

You can visit our Office, which is in Mississauga, Ontario and we can also help you in Financing/ Refinancing your truck online as well. Fill out this credit application here. Or sent us an email here. Our dedicated team would be happy to serve you.