Banking & Finance  April 14, 2015

Loveland-based Lightning Hybrids opens London office

LOVELAND – Lightning Hybrids, which makes hybrid systems for medium and heavy-duty fleet vehicles, on Tuesday opened a London subsidiary under the same name and saw its first systems installed there, marking its first foray into the European market.

The growth is being fueled in part by a recently announced investment in the Loveland-based company by Castrol innoVentures, the investment arm of lubricant manufacturer Castrol.

“It’s sort of a double-whammy,” Lightning Hybrids vice president of marketing Bonnie Trowbridge said of the European milestones. “Today is a big day for us.”

The London office is being staffed initially only by managing director of international…

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