Electric car subscription service Onto raises a new credit funding line of £100m from global investment group CDPQ and independent asset manager Pollen Street.
The £100m asset-backed facility will enable Onto to continue expanding its UK fleet with the latest electric car models.
Onto’s monthly subscription model is all-inclusive of insurance, breakdown cover and free public charging. Subscribers pay no deposit and have the option to swap cars or stop the subscription...
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