Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Lion Electric Ord Shs LEGWQ


Primary Symbol: T.LEV Alternate Symbol(s):  LEVGQ | T.LEV.WT | LEVWQ | T.LEV.WT.A

The Lion Electric Company is a manufacturer of zero-emission vehicles. The Company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric school buses. It is engaged in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies. Each Lion vehicle is purpose-built for electric and entirely 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 are divided into three main platforms, namely the Lion5, the Lion6, and the Lion8, and its line-up of all-electric buses can be divided into two main platforms, namely the LionC and LionD buses. It complements its product offering with various services, including sales support, full-service training, charging infrastructure assistance and maintenance support.


TSX:LEV - Post by User

Post by Dibah420on May 18, 2021 12:05pm
247 Views
Post# 33222239

Bedard on BNN

Bedard on BNNTwo key out-takes for me. 
1) Jolliette will be operational in second half of '22. 
2)  In two years they expect to produce 23000 vehicles. Presumably from both QC and  IL plants.

The host (thankfully) didn't ask whether the weight of the batteries will allow the buses to run on our highways.  He did ask whether a $4b CAD M/C was appropriate for a company with $6m in sales. That didn't seem to phase Marc at all.

I remember seeing price for buses quoted at $300k,  $350k, and $400k.  Don't know what trucks are selling for, presumably much lower. Let's arbitrarily posit a blended unit price of $250k for the fleet.
Or $5,750,000,000 in top line sales. 
A $4b M/C may be  low if Bedard's numbers pan out.


<< Previous
Bullboard Posts
Next >>