Octopus Electric Vehicles secures £550 million debt securitization facility from Lloyds Bank
Octopus EV now offers over 85 vehicles from 28 brands with a fleet exceeding £450 million in value
UK-based Octopus Electric Vehicles (Octopus EV) has secured a £550 million debt securitization facility from Lloyds Bank to fund electric vehicles, accelerating its total EV funding to £1.2 billion, the company announced Dec. 4.
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