Lion Electric announced that the company has entered into an agreement with Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, and its related company, ENGS Commercial Finance Co, to provide financing solutions to Lion school bus and truck customers in the United States and Canada through LionCapital Solutions’ vehicle financing program. LionCapital Solutions’ turnkey financing solutions can provide for up to 100% of fleet electrification costs, including the initial cost of the vehicle, charging infrastructure and installation, and thus can potentially completely eliminate upfront capital requirements for fleets to transition to electric vehicles.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on LEV:
- What You Missed This Week in EVs and Clean Energy
- Lion Electric initiated with an Outperform at Northland
- Largest borrow rate increases among liquid names
- Lion Electric announces production of first proprietary lithium-ion battery
- Lion Electric announces delivery of first bus by grant under EPA program
