PHH Arval has signed an agreement with VNG.CO, creator of a compressed natural gas (CNG) fueling network. The agreement will support PHH fleets integrating light-duty natural gas vehicles (NGVs) into their operations, the fleet management services provider said.
VNG.CO co-locates compressed natural gas fueling equipment within existing gasoline stations convenient to fleet routes at no cost to the fleet operator. VNG takes responsibility for the ownership and operation of the CNG fueling facilities.
“Working with VNG.CO positions us to provide enhanced alternative fuel solutions for our clients,” said Bob Sandler, vice president, enterprise consulting and analytics, PHH Arval. “In addition, by targeting high-traffic areas of the fleets we manage, we can work with VNG to provide compressed natural gas fueling where it’s most needed.”
“Our relationship with PHH will allow light-duty fleet operators to transition to NGVs with confidence that accessible, convenient and high-quality CNG fueling facilities will be available,” said Robert Friedman, COO of VNG.
Sandler added that the ability to locate stations near fleet vehicles can make it easier for fleets to switch to CNG.
“Lack of station availability is often cited for not making the switch to CNG vehicles – which are more environmentally friendly and considerably cheaper to refuel, than their gasoline and diesel counterparts. That won’t be the reason anymore,” he said.