The LEVC (London Electric Vehicle Company) has agreed a set of new finance products in partnership with Santander to help boost its commercial vehicle sales in Germany.
As LEVC experiences growth in demand for its TX products in Germany, with taxi operators and on demand shuttle services switch to greener mobility solutions, the need for more flexible finance has arisen.
The agreement sees Santander become the retail finance provider for the German market, giving customers access to a suite of finance products, including leasing on the electric TX taxi and TX Shuttle. The partnership allows dealers and LEVC to issue bespoke quotations and for customers to receive competitive funding options.
Joerg Hofmann, LEVC CEO, said: “I’m delighted that LEVC and Santander have agreed this partnership for our customers in Germany offering attractive and flexible ways to own an LEVC product. Without doubt, LEVC is growing at pace in Europe as we see increased demand for our TX and many sales opportunities for the new VN5 electric van which launches in Europe next Spring. We will continue to grow our European financial services as we increase our footprint across the Continent.”
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