Ford Motor Company and U-Haul this week are putting on the road the industry’s first fleet of vehicles painted with Ford’s “environmentally responsible” new technology, which reduces greenhouse gases by 15 percent and cuts Ford’s production costs (via Building Green TV).

Some 200 Ford E-Series trucks painted with this new technology have been delivered to U-Haul facilities around the country. U-Haul will begin renting the units, tagged with eco-friendly decals, to customers this week.

Ford says it will monitor the U-Haul fleet over the next year to gather durability data that will help the company develop long-term rollout plans.

In addition to reduced CO2 emissions, Ford says that the new technology reduces VOC emissions by about 10 percent. The company estimates it can save approximately $7 per vehicle by cutting the time it takes to paint a vehicle by almost 20 percent as well as reducing the size of the traditional paint shop by nearly 15 percent.

Ford says there’s no need for an air-conditioning process or an additional low-temperature oven, which are required in water-borne paint shops to evaporate the water from the paint.