LOVELAND, Colo.–(BUSINESS WIRE)–Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that the Company has entered into a purchase agreement and registration rights agreement (together, the “Agreement”) for up to $50 million with Lincoln Park Capital Fund, LLC (“Lincoln Park”). Under the terms and conditions of the Agreement, the Company has the right, but not the obligation to sell