NR 07:42 AM EST, 02/18/2022 (MT Newswires) -- The Lion Electric Company (LEV.TO), a manufacturer of all-electric medium and heavy-duty vehicles, announced Friday the launch of LionCapital Solutions, a new division dedicated to providing customers with flexible financing solutions tailored to the medium and heavy-duty electric vehicle market. The division will be headed by William Blanchard, who was most recently director in investment banking at BMO Capital Markets.
LionCapital Solutions will commercialize a programmatic financing offering that can be deployed at scale and is specifically designed for Lion school buses, Lion trucks and related charging infrastructure, including loans, leasing and monetization of carbon credits.