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Fraikin invests £35m in expanded ICE and EV rental fleet

Fraikin has made a multi-million-pound investment in new vehicles to expand its national short-term rental fleet.

The commercial fleet and mobility services provider is spending £35m on 400 new vehicles, including EVs, to grow and modernise its offering to customers across the UK.

Investment is spread across vans, LCVs and HGVs from a range of major manufacturers. The new vehicles feature a wide selection of body types, including refrigerated, dropside, curtainside and box bodies, as well as specialist equipment such as Moffett carriers.

Fraikin is also adding a number of fully electric 3.5-tonners to the fleet, supporting customers looking to quickly and easily reduce their carbon footprint and backed by EV suitability assessments.

Peter Backhouse, chief executive officer of Fraikin in the UK, said: “Adding extra EVs to the fleet means we’re in a position to help businesses looking to reduce their environmental impact, alongside supporting those who may want to test the EV market before making longer term fleet decisions. This commitment to sustainability allows us to meet the needs of today but also contribute to a greener future across the industry.”

The new additions mean that 80% of the company’s total rental fleet will be under 12 months old.

Vehicles are all compliant with Transport for London’s Direct Vision Standard (DVS) and equipped with Fraikin’s digital Mysmartfleet connected technologies package. This delivers features including vehicle tracking, route optimisation, digital vehicle checks, tachograph downloads, driver behaviour reporting and EV suitability assessments.

Backhouse continued: “This significant investment clearly demonstrates the strength of Fraikin, our long-term commitment to the industry and our dedication to providing the very best mobility solutions for customers, providing access to the latest vehicles and the most diverse range of rental options available in the market today.”

Fraikin’s full-service approach means all rental vehicles come with 24/7 customer service support plus a fully managed preventative maintenance and repair service via its UK-wide network, rapid roadside response, replacement vehicle cover; tyre management, online access to vehicle records, and a professional inspection and valet on every vehicle delivery.

Fraikin offers short- and medium-term rental packages, alongside its longer-term Xtend solution, which combines the financial benefits associated with contract hire with the flexibility of short-term rental. All the new vehicles are accessible via the company’s Northern, Midlands and Southern Rental Hubs, located in Bellshill, Coventry and Enfield respectively.

The company’s short-term rental fleet also supports customers using its contract hire and fleet management solutions, which provide total support for large and often complex operational fleet environments.

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

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