Hitachi Capital Commercial Vehicle Solutions has extended their existing partnership with UK multinational utility company Centrica by five years.
Although the agreement went into effect on 1 January 2013, the deal ties together the main supply, management and rental contracts between the two companies.
Hitachi Capital will continue to manage 13,000 vans in the Centrica fleet, and will supply and manage 2,000 of Centrica's company cars. Last year Hitachi Capital improved Centrica's driver risk management system which allowed Centrica to reduce work-related deaths by 10%.
Meanwhile, Hitachi Capital and British Gas will work with Nissan to develop a fully electric eNV200 van. The new van will reduce CO2 and running costs for fleet operators. British Gas fleet manager Colin Marriott said the company was looking forward to "building on the relationship in the next five years."
Hitachi Capital Vehicle Solutions chief executive Simon Oliphant said the company was "delighted" to have signed the new contract. He also said the company was committed to "delivering on-going cost savings" and "driving cutting edge innovative fleet solutions."