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Why renting electric equipment is the smartest move in 2025

Are you considering making the switch to electric construction equipment but feel stuck between high upfront costs and fast-changing technology? You’re not alone. Many construction companies want to reduce emissions, noise, and fuel costs – but the investment can seem risky. The good news? There’s a smarter way to go electric. And it doesn’t involve buying the machine at all.
Skanska employee enjoying the benefits of renting electric construction machines.
Customers like Skanska are able to more easily enjoy the benefits of electric via new business models.

Electric equipment without the capital investment

While electric excavators and wheel loaders are often more expensive upfront than their diesel counterparts, the total cost of ownership (TCO) tells a different story. Over time, electric equipment can be much more cost-effective thanks to:

  • Lower fuel and energy costs
  • Less downtime from maintenance
  • Reduced idling and wear
  • Cleaner, quieter operation
  • Access to work in low-emission zones or during restricted hours

The only catch? That first big purchase. And that’s exactly what new business models are solving.

Introducing rental and flexible finance options for electric machines

Instead of buying electric construction equipment, many businesses are now renting electric excavators, loaders, and more. This eliminates the need for a large capital outlay while still giving you access to cutting-edge, sustainable machines.

Key benefits include:

  • Improved cash flow
  • No depreciation or resale hassle
  • Scalable fleet – rent more or less as needed
  • Staying up to date with the latest technology
This model is already helping companies like Skanska, SkiStar, and Heidelberg Materials integrate zero-emission equipment like the Volvo EC230 Electric excavator or L120 Electric wheel loader across a range of projects.

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Heidelberg Materials has been able to flex and scale its electric solutions on site.

Why the rental model works for electric equipment

We often say the shift to electric is like a puzzle – you need all the right pieces in place. The machines themselves, charging infrastructure, and critically, the financial model.

By choosing rental, you get the flexibility to trial new technology, scale your operations, and transition at your own pace – all without the burden of ownership.

It’s also a great way to test what works for your operations before committing long-term.

Your competitive advantage starts here

Renting electric machinery gives you access to the latest zero-emission solutions without slowing down your business. You gain:

  • A quieter, cleaner work environment
  • The ability to work in restricted areas
  • Increased operator comfort and retention
  • A sustainability advantage in bids and tenders
  • A future-proofed fleet, without the long-term financial risk

Let’s build a smarter, greener future together

At Volvo CE, we’re working hand-in-hand with dealers and customers to create new business models that make electric more available, more affordable, and more adaptable.

The electric transformation is no longer just about technology – it's about how we finance, access, and scale that technology.

Ready to explore electric without the upfront cost? Find out more by contacting your local dealer

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