Lion Electric launches LionCapital Solutions bank to help bus and truck fleets maintain financial structures in electric transition
The Lion Electric Company has launched a new division called LionCapital Solutions. The new division will provide Lion Electric customers with flexible financing as they look to electrify their fleets of medium- to heavy-duty commercial vehicles such as school buses and trucks.
Electrification of school busses and fleets requires a huge upfront cost but lower total cost of ownership over the life of the vehicle. By helping spread out the purchase price of fleets over their lifetimes, Lion is allowing operators to keep in place their current financial structures.
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