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 , 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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BorgWarner

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

NWTN Inc

Through the first two months of 2024, the markets haven't been very kind to electric vehicle (EV) stocks. For example, the VanEck Low Carbon Energy ETF (NYSEARCA: SMOG ) has three EV makers in its top 10.

3 EV Startups Gearing Up to Revolutionize 2024

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

The Lion Electric Company (LEV) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.09 per share a year ago.

The Lion Electric Company (LEV) Reports Q4 Loss, Misses Revenue Estimates

MONTREAL , Feb. 29, 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 fourth quarter and fiscal year ended on December 31, 2023. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards ("IFRS").

LION ELECTRIC ANNOUNCES FOURTH QUARTER AND FISCAL 2023 RESULTS

MONTREAL , Feb. 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 announced that it will release its fourth quarter and fiscal year 2023 results on February 29, 2024, before markets open. A conference call and webcast will be held on the same day, at 8:30 a.m.

LION ELECTRIC ANNOUNCES FOURTH QUARTER AND FISCAL 2023 RESULTS RELEASE DATE

Click here for media assets  JOLIET, Ill. , Jan. 25, 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 it has commenced customer deliveries of its newly-launched LionD school buses in California.

LION ELECTRIC INITIATES DELIVERIES OF LIOND, A NEW ALL-ELECTRIC SCHOOL BUS MODEL

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

LION AWARDED $38 MILLION AS PART OF THE EPA'S LATEST ROUND OF CLEAN SCHOOL BUS PROGRAM FUNDING

MONTREAL , Dec. 7, 2023 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium- and heavy-duty vehicles, announced today the successful final certification for its medium duty ("MD") battery pack, the LionBattery MD, a lithium-ion battery pack specifically designed for the Company's medium duty trucks and school buses. Lion, in collaboration with third-party testing partners, conducted stringent testing to fulfill the certification requirements.

Lion Electric Announces Successful Final Certification of its LionBattery MD Battery Pack

Lion Electric (NYSE: LEV ) layoffs are on the way after the electric bus manufacturing company announced plans to cut jobs for 10% of its workers. According to a news release from Lion Electric, these layoffs will result in 150 employees losing their jobs.

Lion Electric Layoffs 2023: What to Know About the Latest LEV Job Cuts

The Lion Electric Co.'s stock LEV fell 5% on Monday in premarket trading after it said it will reduce its work force by 150 people or 10% of its total head count to cut costs and move toward profitability. The job cuts come from the EV truck maker's production overhead, manufacturing, product development and administrative units in Canada and the U.S.

Electric-vehicle truck maker Lion Electric Co. cutting 150 jobs

MONTREAL , Nov. 27, 2023 /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 workforce reduction aimed at rationalizing its cost structure and improving its ability to reach its profitability objectives. The reduction affects 150 employees (approximately 10% of Lion's total headcount) in production overhead, manufacturing, product development and administrative functions, both in Canada and the United States.

LION ELECTRIC ANNOUNCES WORKFORCE REDUCTION TO RATIONALIZE COST STRUCTURE

BROOKLYN, N.Y.--(BUSINESS WIRE)--Today Synop, the leading platform for electric vehicle (EV) fleet solutions, announces a new partnership with The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion”), a leading manufacturer of all-electric medium- and heavy-duty vehicles. Through this partnership, Synop's vehicle, charging, and energy management solutions will be integrated with LionBeat, Lion's advanced telematics offering, and additionally available as an add-on solution for non-LionBeat sub.

Synop Announces Partnership with Lion Electric to Provide Energy Management Software for Bus and Truck Customers

MONTREAL , Nov. 9, 2023 /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 conferences in November and December: NYSE Industrials Access Day Date: Tuesday, November 14, 2023 Location: Virtual Barclays Global Automotive and Mobility Tech Conference  Date: Wednesday, November 29, 2023 Location: Virtual Alliance Global Partners Electric Vehicle and Transportation Conference  Date: Tuesday, December 5, 2023 Location: Virtual 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 buses and minibuses for the school, paratransit and mass transit segments.

LION ANNOUNCES UPCOMING PARTICIPATION AT INVESTOR CONFERENCES

The Lion Electric Company (NYSE:LEV ) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Isabelle Adjahi - VP, IR and Sustainable Development Marc Bedard - CEO Founder Nicolas Brunet - President Richard Coulombe - CFO Conference Call Participants George Gianarikas - Canaccord Genuity Michael Shlisky - D.A. Davidson Benoît Poirier - Desjardins Capital Bank Tamy Chen - BMO Capital Markets Christopher Souther - B.

The Lion Electric Company (LEV) Q3 2023 Earnings Call Transcript

MONTREAL , Nov. 7, 2023 /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 third quarter of fiscal year 2023, which ended on September 30, 2023. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards ("IFRS").

LION ELECTRIC POSTS RECORD REVENUE AND GROSS PROFIT FOR THE THIRD QUARTER OF 2023

MONTREAL , Nov. 3, 2023 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium- and heavy-duty vehicles, announced today that it has received a conditional purchase order for 50 all-electric LionC school buses from Highland Electric Fleets ("Highland"), a leading provider of Electrification-as-a-Service for school districts, governments, and fleet operators in North America. The purchase order is conditional upon the satisfactory grant of non-repayable contributions to Highland under Infrastructure Canada's Zero-Emission Transit Fund ("ZETF")1.

Lion Electric Receives Conditional Purchase Order From Highland Electric Fleets for 50 Electric School Buses

MONTREAL , Oct. 17, 2023 /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 third quarter 2023 results on November 7, 2023, before markets open. A conference call and webcast will be held on the same day, at 8:30 a.m.

LION ELECTRIC ANNOUNCES THIRD QUARTER 2023 RESULTS RELEASE DATE

MONTREAL , Sept. 11, 2023 /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 Nicolas Brunet has been appointed as President, effective as of today.

News for Lion Electric Stock (LEV)