Volvo Penta and VFS Enable Electric Transition

Volvo Penta and Volvo Financial Services (VFS) have partnered to introduce a financing solution aimed at accelerating the adoption of electric off-highway vehicles.

The first customer to benefit is DFDS, which has signed a seven-year lease agreement for six MOL RME225 RoRo tractors powered by Volvo Penta electric drivelines. The package also includes service contracts and insurance, forming a complete solution to support the transition to electromobility.

The agreement supports DFDS’ plans to gradually replace part of its fleet of 280 diesel-powered terminal tractors with electric alternatives. Delivery of the six units is scheduled for the second quarter of 2026.

The electric 4×4 RoRo tractors were developed in collaboration with MOL, with a prototype already tested in daily operations at a DFDS terminal in Belgium.

According to the companies, leasing offers a practical pathway for customers adopting new technologies, helping to offset higher upfront costs while benefiting from reduced emissions, lower noise levels, and improved working conditions.

The partnership reflects a broader push within the Volvo Group to support electrification in heavy-duty and port operations, combining technology, financing, and service into a single offering.