Pride Group Enterprises Announces Reservations Placed For 150 Tesla Electric Semi Tractors

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Dallas, Texas: Today, Pride Group Enterprises (PGE) is announcing that it has reserved 150 Tesla Electric Semis with the option to increase to 500 trucks. Sam Johal, Pride Group Enterprises CEO announced that they have placed a deposit to secure the initial units and build slots. “With support from one of our long-term financial partners, Hitachi Capital, we are very excited to bring this innovative product to our strong customer base helping forge a new path in clean transportation. We believe that electrification is the way of the future as we work together across multiple industries to reduce our carbon footprint,” said Sam Johal. “As well, we have the option to increase our order as we gauge customer acceptance of this new technology.” The allocation of units will be determined by Pride with special consideration in states and provinces with the most welcoming electric commercial vehicle environment, such as California.

“Pride Group Enterprises’ vision is to invest in facilities that will support charging, full-service maintenance, and a consistent supply of electric trucks on North American highways,” states Mr. Johal. “We have first-hand knowledge of the Transportation Industry across multiple verticals and we (PGE) strongly believe that electric truck technology will overcome many challenges facing traditional diesel technology such as the related maintenance and associated down-time.” To support the arrival of these units and all-electric Class 8 trucks, Pride Group Enterprises is already busy investing in the necessary infrastructure for parking, charging and full maintenance at all of its locations.

The company has dedicated significant resources over the past number of years to completely understand the technology, infrastructure, and capital requirements to make electric trucks a success within its existing network. Pride Group Enterprises operates businesses in equipment rental, leasing, logistics and sales – the company has plans to deploy these assets across all business divisions.

“With the addition of electric trucks to our portfolio of products, our service offering to our customers continues to evolve. Our reservation with Tesla is the first of many and we continue to work with all OEM partners and have more exciting projects in the works! We have put a lot of focus on growing from an equipment supplier to a complete one-stop-shop for the transportation industry. Some of the other offerings we’ve added include short-term rentals, full-service maintenance, in-house OEM warranty work and 3PL solution to name a few,” says Aman Johal, Vice President of Operations.

Pride Group Enterprises is a privately held, diversified company with 12 locations in the US and Canada with many more under development. The company and its affiliates are proud members of NationaLease, one of the largest full-service truck leasing organizations in North America.

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Raj Johal

Director of Canadian Operations

  • Following in the footsteps of his Father, Uncle and brother, Raj has taken on a senior role in Pride Group Enterprises, managing the day-to-day operations.
  • As the company continues to experience double-digit growth year after year, it is with Raj’s undivided focus and tutelage that our customer experience remains in the top quartile across a very competitive industry.
  • “At the end of the day, it’s all about our customers”, says Raj. “Without them we are nothing!”

Aman Johal

Vice President, Logistics and USA Operations

  • Aman is a graduate of McMaster University Bachelor of Commerce and has actively been involved in the management of PGE from its inception.
  • Aman leads his team with compassion and integrity, ensuring PGE achieves a high level of customer satisfaction.

Kav Hamzavi

Chief Financial Officer

• Kav Manages and oversees complex accounting, taxation, corporate finance and financial reporting matters for Pride Group Enterprises, where he is in charge of all strategic and future-oriented decision-making as it relates to financial reporting, corporate finance, tax planning including cross-border tax planning and compliance.

• Kav provides leadership to the Financial Reporting section of the organization, including guidance to staff on accounting principles and practices and reporting processes to guide the growth of PGE.

Jas Johal

Co-founder of Pride Group

  • Jas dedicates his time to the management and operations of the entire company, with a heavy focus on the truck sales and leasing portion of the business.
  • Jas provides expert service to top clients and guidance to our sales and finance staff to ensure every individual is treated with the utmost respect.

Sam Johal

President and CEO

  • Sam and his brother Jas started Pride Group Enterprises.
    In 2010 Pride Truck Sales is born (today it is the largest seller of transport equipment in North America).
  • In 2014 they purchased several niche trucking companies in the Greater Toronto Area and have been doubling sales year over year.