Lion Electric Ord Shs T.LEV

Alternate Symbol(s): LEV | LEV.WS | LEV.WS.A | T.LEV.WT | T.LEV.WT.A

Industrials

The Lion Electric Company is a manufacturer of zero-emission vehicles. The Company designs and manufactures all-electric school buses, midi/minibuses for special needs or urban transit, as well as urban trucks. Each Lion vehicle is purpose-built for electric and designed and assembled in-house, with its own chassis, truck cabin or bus body, battery technology with modular energy capacity and Lion software integration. Its purpose-built all-electric trucks can be divided into four main platforms based on gross vehicle weight rating (GVWR), namely the Lion5, Lion6, the Lion8 and the Lion8 Tractor trucks, and its line-up of all-electric buses consists of Type A, Type C and Type D buses. Its medium and heavy-duty electric vehicles (EVs) are specifically designed to address the needs of the sub-250-mile mid-range urban market. It complements its product offering with various services, including sales support, full-service training, charging infrastructure assistance and maintenance support.

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Lion Electric Ord Shs

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Post by Betteryear2on Jan 10, 2024 6:21pm

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Post# 35820456

LION AWARDED $38 MILLION

Further grant awards to school districts, financial entities and third-party contractors representing attractive potential for additional opportunities for Lion.

JOLIET, Ill., Jan. 10, 2024 /CNW/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, was awarded a grant for 97 school buses and related charging infrastructure, representing a total of $38 million, as part of the U.S. EPA's latest round of awards under the Clean School Bus Program.

LION AWARDED $38 MILLION AS PART OF THE EPA'S LATEST ROUND OF CLEAN SCHOOL BUS PROGRAM FUNDING (newswire.ca)