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Lion Electric Ord Shs T.LEV.WT


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


TSX:LEV - Post by User

Lion Electric Ord Shs > lev
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Comment by Tim2Agamion Jun 07, 2022 10:26am
364 Views
Post# 34736810

RE:RE:lev

RE:RE:lev
LetsGoBaby65 wrote: What exactly does this mean? What happens to our holdings?


It's not going to be deleted from the TSX -- it's going to be deleted from inclusion in the S&P Dow Jones TSX Index on 20 June.

It means nothing for "our holdings" other than that funds that (by their rules) must hold equities listed on the index will no longer be interested in purchasing the shares for their portfolio, and may have to dump them as trash. Maybe that is already going on.

To be listed on a S&P Dow Jones Index (there are many) is a vote of confidence and a tick mark of approval; to be delisted is the opposite.

Make of that what you will as to "our holdings"


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