Lion Electric

The Lion Electric Co. manufactures zero-emission vehicles, which creates, designs, and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for the school, paratransit, and mass transit markets. It offers electric transportation, builds and assembles all of its vehicle components, including chassis,battery packs, truck cabins and bus bodies. The company was founded by Marc Bedard and Camile Chartrand in 2008 and is headquartered in Montreal, Canada.

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Lion Electric reports robust Q4 performance amidst supply chain challenges

Lion Electric's strong Q4 2022 performance, focus on financial metrics, liquidity position, and expense management demonstrate a path towards sustainable growth.
The company's strengths in electrification trends, custom battery packs, and strategic management of supply chain challenges enhance its competitive position.
Challenges in supply chain management, labor ramp-up, and reliance on third-party suppliers require attention for sustained growth and profitability.
Opportunities in EV adoption, battery factory expansion, margin improvements, and subsidy programs offer avenues for Lion Electric's future success.

Lion Electric reports robust Q1 results, eyes profitability amid challenges

Lion Electric's Q1 2023 showcased strong revenue growth and a substantial order book, underlining their commitment to profitability. While facing challenges in truck orders and supply chain disruptions, the company remains optimistic about market opportunities and strategic initiatives. Exploring financing options and focusing on delivery acceleration are key priorities.

Lion Electric posts record Q2 revenue, eyes U.S. growth opportunities

Lion Electric's Q2 2023 performance showed record revenue and delivery numbers, with a focus on manufacturing and battery production expansion.
Despite financial challenges, the company is committed to achieving profitability and free cash flow, with plans to optimize CapEx for future growth.
Opportunities lie in market expansion, especially in the U.S., and operational enhancements through margin improvement and supply chain management.

Lion Electric reports record Q3 performance and eyes EV market growth

Lion Electric's Q3 2023 showcased remarkable growth in deliveries, revenues, and margins, underpinned by strategic decisions to enhance profitability and focus on key product lines.
While facing financial challenges and debt obligations, the company's strong market presence, order book, and customer interest in EV school buses offer promising growth prospects.
By prioritizing organic growth, optimizing costs, and leveraging funding programs, Lion Electric is well-positioned to capitalize on the expanding electric vehicle market and drive sustainable success.

Lion Electric reports 81% revenue growth, focuses on liquidity and market leadership

Lion Electric navigated challenges in 2023, focusing on liquidity management and cost control. Market leadership in electric school buses and a strong order book position the company well for growth opportunities in 2024.

Lion Electric reports steady Q1 performance amidst subsidy challenges

Lion Electric's Q1 2024 earnings call highlighted achievements, cost-saving measures, and challenges from subsidy program delays. Despite short-term volatility, the company remains focused on order book growth, cost control, and long-term stability through strategic initiatives.

Lion Electric faces Q2 challenges, achieves milestones, eyes growth opportunities

Lion Electric navigated challenges in Q2 with strategic initiatives and achieved key milestones despite financial struggles. The company's focus on liquidity management, growth opportunities, and government partnerships positions it for future success.

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The EV industry has seen slowed growth in the recent past as the rise in inflation, financial costs and increased consumer skepticism reduce demand and slow down sales growth. Many new industry entrants have also faced insurmountable challenges, with excessive cost overruns, failure to meet targets, and stiff competition making it difficult to break even.

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I continue to believe that the electric vehicle industry will grow in the long term. Of course, investors need to moderate their growth expectations and the markets are already discounting that factor.

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MONTREAL , June 13, 2024 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today the successful final certification for its heavy-duty ("HD") battery pack, the LionBattery HD, a lithium-ion battery pack specifically designed for the Company's purpose-built heavy-duty trucks. Lion, in collaboration with third-party testing partners, conducted stringent testing to meet the certification requirements.

LION ELECTRIC ANNOUNCES SUCCESSFUL FINAL CERTIFICATION OF ITS LIONBATTERY HD BATTERY PACK

NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Are you a former investor in Northern Genesis Acquisition Corp., now known as the The Lion Electric Company (NYSE: LEV)? If so, Monteverde & Associates PC (“Monteverde”) encourages you to immediately contact Monteverde regarding the class action lawsuit filed by the firm in the United States District Court for the Southern District of New York, case no. 1:24-cv-02155 (the “Federal Class Action”). There is a June 10, 2024 deadline to seek to be appointed lead plaintiff.

Final Reminder for Former Investors in Northern Genesis Acquisition Corp. N/K/A The Lion Electric Company (NYSE: LEV) to Act Today and Seek Lead With Monteverde & Associates PC

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Are you a former investor in Northern Genesis Acquisition Corp., now known as the The Lion Electric Company (NYSE: LEV)? If so, Monteverde & Associates PC (“Monteverde”) encourages you to immediately contact Monteverde regarding the class action lawsuit filed by the firm in the United States District Court for the Southern District of New York, case no. 1:24-cv-02155 (the “Federal Class Action”). There is a June 10, 2024 deadline to seek to be appointed lead plaintiff.

Monteverde & Associates Pc Reminds Investors of Looming June 10 Deadline in The Class Action Against Northern Genesis Acquisition Corp. N/K/A The Lion Electric Company – LEV

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NEW YORK , June 6, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company (NYSE: NGA, LEV) as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company of the important June 10, 2024 lead plaintiff deadline. SO WHAT: If you held Northern Genesis common stock as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel Before Important June 10 Deadline in Securities Class Action - NGA

NEW YORK , June 6, 2024 /PRNewswire/ -- Are you a former investor in Northern Genesis Acquisition Corp., now known as The Lion Electric Company (NYSE: LEV)? If so, Monteverde & Associates PC ("Monteverde") encourages you to immediately contact Monteverde regarding the class action lawsuit filed by the firm in the United States District Court for the Southern District of New York, case no.

MONTEVERDE & ASSOCIATES PC REMINDS FORMER INVESTORS IN NORTHERN GENESIS ACQUISITION CORP. N/K/A THE LION ELECTRIC COMPANY - LEV TO SECURE COUNSEL BEFORE IMPORTANT JUNE 10 DEADLINE IN SECURITIES CLASS ACTION FIRST FILED BY FIRM

NEW YORK , June 4, 2024 /PRNewswire/ -- Are you a former investor in Northern Genesis Acquisition Corp., now known as the The Lion Electric Company (NYSE: LEV)? If so, Monteverde & Associates PC ("Monteverde") encourages you to immediately contact Monteverde regarding the class action lawsuit filed by the firm in the United States District Court for the Southern District of New York, case no.

MONTEVERDE & ASSOCIATES PC REMINDS FORMER INVESTORS IN NORTHERN GENESIS ACQUISITION CORP. TO ACT BY JUNE 10 TO BE LEAD PLAINTIFF IN THE CLASS ACTION LAWSUIT SEEKING DAMAGES

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company (NYSE: NGA, LEV) as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company of the important June 10, 2024 lead plaintiff deadline.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel Before Important June 10 Deadline in Securities Class Action – NGA

NEW YORK , May 28, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company (NYSE: NGA, LEV) as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company of the important June 10, 2024 lead plaintiff deadline. SO WHAT: If you held Northern Genesis common stock as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel Before Important June 10 Deadline in Securities Class Action - NGA

NEW YORK , May 21, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company (NYSE: NGA, LEV) as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company of the important June 10, 2024 lead plaintiff deadline. SO WHAT: If you held Northern Genesis common stock as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel Before Important Deadline in Securities Class Action - NGA

Highlights: GCWR: up to 127,000 lbs - highest of the electric vehicle (EV) truck market Driving Range: up to 275 Miles (440 kilometers) Battery Capacity: up to 630 kWh Level III Charge Time (DC): charging to 80% SOC in 1.5 hours Powered by Lion's Heavy-Duty battery packs (high-energy-density proprietary 750V battery system) Click here for media assets   LAS VEGAS , May 21, 2024 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, unveiled today the Lion8 Tractor, an all-electric Class 8 commercial truck, during the Advanced Clean Transportation (ACT) Expo, one of the largest conference and trade shows highlighting the most advanced transportation technologies and clean fuels available in the marketplace today. "The Lion8 Tractor embodies our commitment to pushing the boundaries of possibility in modern freight transportation," stated Marc Bedard, CEO-Founder of Lion.

LION ELECTRIC UNVEILS THE GROUNDBREAKING LION8 TRACTOR, AN ALL-ELECTRIC CLASS 8 COMMERCIAL TRUCK

MONTREAL , May 15, 2024 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today held its annual meeting of shareholders (the "Meeting") as a virtual meeting. A total of 124,783,928 common shares (representing approximately 55.16% of all issued and outstanding common shares of the Company) were represented online or by proxy at the Meeting.

LION ELECTRIC ANNOUNCES RESULTS OF ANNUAL SHAREHOLDERS MEETING

NEW YORK , May 13, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company (NYSE: NGA, LEV) as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company of the important  June 10, 2024 lead plaintiff deadline. SO WHAT: If you held Northern Genesis common stock as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - NGA

The Lion Electric Company (NYSE:LEV ) Q1 2024 Results Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Isabelle Adjahi - Vice President, Investor Relations and Sustainable Development Marc Bedard - Chief Executive Officer and Founder Nicolas Brunet - President Richard Coulombe - Chief Financial Officer Conference Call Participants Kevin Chiang - CIBC World Markets George Gianarikas - Canaccord Genuity Benoît Poirier - Desjardins Securities Rupert Merer - National Bank of Canada Daniel Lai - Barclays Capital Michael Shlisky - D.A. Davidson & Co. Christopher Souther - B.

The Lion Electric Company (LEV) Q1 2024 Earnings Call Transcript

The Lion Electric Company (LEV) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.10 per share a year ago.

The Lion Electric Company (LEV) Reports Q1 Loss, Misses Revenue Estimates

MONTREAL , May 8, 2024 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced its financial and operating results for the first quarter of fiscal year 2024, which ended on March 31, 2024. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards ("IFRS").

LION ELECTRIC ANNOUNCES FIRST QUARTER 2024 RESULTS

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NEW YORK, April 29, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company (NYSE: NGA, LEV) as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company of the important June 10, 2024 lead plaintiff deadline. SO WHAT: If you held Northern Genesis common stock as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A TOP RANKED LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel Before Important Deadline in Securities Class Action - NGA

MONTREAL , April 23, 2024 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it will release its first quarter 2024 results on May 8, 2024, before markets open. A conference call and webcast will be held on the same day, at 8:30 a.m.

LION ELECTRIC ANNOUNCES FIRST QUARTER 2024 RESULTS RELEASE DATE

NEW YORK , April 22, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds those who held the common stock of Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company (NYSE: NGA, LEV) as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company of the important June 10, 2024 lead plaintiff deadline. SO WHAT: If you held Northern Genesis common stock as of the record date of March 18, 2021 for the merger with the then-private The Lion Electric Company, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

TOP RANKED ROSEN LAW FIRM Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel Before Important Deadline in Securities Class Action - NGA

Lion Electric announced it plans to reduce its headcount among other cost-cutting measures to align its cost structure with the current market dynamics. Shares of the Montreal-based company, which makes all-electric medium and heavy-duty vehicles, fell on the news.

Lion Electric announces cost-cutting measures including headcount reduction

Lion Electric (NYSE: LEV ) layoffs are coming for the electric vehicle (EV) company's employees as it focuses on ways to reduce costs. A new statement from the company notes that it will be cutting 120 jobs.

Lion Electric Layoffs 2024: What to Know About the Latest LEV Job Cuts

MONTREAL , April 18, 2024 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today a reduction of its workforce, combined with other cost-cutting measures, aimed at further reducing its operating expenses and aligning its cost structure to current market dynamics. The workforce reduction affects approximately 120 employees, mostly Canada-based employees in overhead and product development functions.

News for Lion Electric Stock (LEV)