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Hitachi Capital Vehicle Solutions Changes Name

Hitachi Capital Vehicle Solutions is changing its name to NOVUNA Vehicle Solutions, phasing into the new moniker by March 2022. The move follows parent company Hitachi’s merger with Mitsubishi UFJ Lease and Finance Company Limited (MUL), a global diversified financial group.

Hitachi Capital Vehicle Solutions Rebrands To Novuna Vehicle Solutions

Hitachi Capital Fleet Solutions is rebranding and will be known as Novuna Vehicle Solutions. The leasing company, ranked inside the top 10 for fleet size in the UK with over 95,000 vehicles on its fleet, will be renamed by April 2022. Parent company Hitachi Capital (UK) PLC will also change its legal name to Mitsubishi HC Capital UK PLC.

Workhorse Receives Order for 500 C-1000 EV Delivery Trucks

Inventory financing will be provided by Hitachi Capital America (HCA) as part of the company's previously announced strategic partnership with HCA. Vehicles will be distributed through Pritchard Companies' dealership locations across the country. 

Workhorse Enters into Strategic Agreements with Hitachi

Hitachi will provide an operational assessment of Workhorse's manufacturing, operational and supply chain capabilities, benchmark them to best-in-class standards and provide recommendations to support Workhorse’s increased production requirements. 

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