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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Northern Genesis Acquisition Corp.

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.

LION ELECTRIC ANNOUNCES WORKFORCE REDUCTION AND COST-CUTTING MEASURES

NEW YORK , April 13, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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. A class action lawsuit has already been filed.

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

NEW YORK , April 5, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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. A class action lawsuit has already been filed.

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel in Securities Class Action - NGA

NEW YORK , March 29, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of 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. A class action lawsuit has already been filed.

NGA INVESTOR NEWS: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Northern Genesis Acquisition Corp. n/k/a The Lion Electric Company Investors to Secure Counsel in Securities Class Action - NGA

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CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--The California Energy Commission (CEC) has awarded BorgWarner Inc. (NYSE: BWA) and project partners Fermata Energy and The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion Electric”) a $3 million grant for an innovative Vehicle-to-Grid (V2G) project. This initiative is set to bring grid-supporting and cost-saving V2G solutions for services provided by American Transportation to California school districts, marking a significant step forward in energy ma.

California Energy Commission Awards a $3 Million Grant to BorgWarner, Fermata Energy and Lion Electric for Innovative Vehicle-to-Grid Project with Bus Operator American Transportation to Service Student Transportation for California School Districts

North American Company Delivers Cutting-Edge Electric Vehicle Solutions, Focused on Safety and Clean Transportation JOLIET, Ill. , March 14, 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, received mHUB Chicago's Manufacturer of the Year Award at the 2024 Fourth Revolution annual celebration, which recognized manufacturers, hardtech startups and organizations for being innovative and focusing on economic growth.

Lion Electric Honored with mHUB Chicago's Manufacturer of the Year Award

MONTREAL, QC , March 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, announced today that the Company will be presenting at the following investor conference: ROTH MKM - 36th Annual ROTH Conference  Date: March 17-19, 2024 Location: Dana Point, CA ABOUT LION ELECTRIC Lion Electric is an innovative 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.

LION ANNOUNCES UPCOMING PARTICIPATION AT INVESTOR CONFERENCE

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The Lion Electric Company (LEV) Q4 2023 Earnings Call Transcript

News for Lion Electric Stock (LEV)