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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Lion Electric Co (NYSE:LEV ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Isabelle Adjahi - VP, IR & Sustainable Development Marc Bedard - Founder, CEO & Director Nicolas Brunet - EVP & CFO Conference Call Participants Chris Souther - B. Riley Securities Michael Shlisky - D.A.

Lion Electric Co (LEV) Q1 2023 Earnings Call Transcript

The Lion Electric Company (LEV) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.01 per share a year ago.

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

MONTREAL , May 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, today announced its financial and operating results for the first quarter of fiscal year 2023, which ended on March 31, 2023. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards ("IFRS").

LION ELECTRIC ANNOUNCES FIRST QUARTER 2023 RESULTS

Lion's all-electric Lion5 launched as the premier vehicle for last mile delivery and more with GVWR Class 5-to-6 crossover capabilities; 30,000 lb. max GCWR, 12,500 lb.

LION ANNOUNCES LAUNCH OF THE LION5 MEDIUM-DUTY ALL-ELECTRIC TRUCK

With more than 800 school buses on the road, Lion is leading the field in a market primed for growth. Government incentives are turbocharging the demand for zero-emission school buses.

Lion Electric: School Bus BEV Leader Needs A Profit Focus

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The company formally opened a new battery factory. This will support its two production facilities in North America.

Why Lion Electric Was a Beast of a Stock This Week

Lion Electric announced the opening of a new battery factory yesterday, sparking a rally in shares of the electric bus stock. That rally picked up steam on Tuesday, when Lion Electric announced the date of its next earnings report.

Why Lion Electric Stock Roared Ahead 20% Today

The Lion Electric Company shares continued to power higher Tuesday, up 19% to $3.13 following a 12% gain on Monday, after the manufacturer of all-electric medium and heavy-duty vehicles announced that it officially introduced its new manufacturing factory in Mirabel, Quebec, which will produce lithium-ion batteries for medium and heavy-duty vehicles. Lion Electric said production of the first battery pack was completed at the end of 2022 following the completion of the installation of the initial portion of the battery assembly line at the 175,000-square-foot facility.

Lion Electric Company stock surges as company unveils Quebec lithium-ion batteries factory

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 2023 results on May 9, 2023, before markets open. A conference call and webcast will be held on the same day, at 8:30 a.m. (Eastern Time) to discuss the results.

LION ELECTRIC ANNOUNCES FIRST QUARTER 2023 RESULTS RELEASE DATE

MIRABEL, QC, April 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 vehicles, announced today that it officially inaugurated its new manufacturing factory that will produce lithium-ion batteries for medium and heavy-duty vehicles in Mirabel. The first of its kind in Canada, this recently built 175,000 square feet facility located at the YMX International Aerocity of Mirabel, Quebec will power electric vehicles assembled by Lion at its Saint-Jérôme, Quebec and Joliet, IL manufacturing plants.

LION ELECTRIC INAUGURATES ITS BATTERY MANUFACTURING FACTORY FOR MEDIUM AND HEAVY-DUTY VEHICLES

The Lion Electric Company (NYSE:LEV ) Q4 2022 Earnings Conference Call March 10, 2023 8:30 AM ET Company Participants Isabelle Adjahi - VP, IR and Sustainable Development Marc Bedard - CEO and Founder Nicolas Brunet - EVP and CFO Conference Call Participants Michael Shlisky - D.A. Davidson Benoit Poirier - Desjardins Securities Christopher Souther - B.

The Lion Electric Company (LEV) Q4 2022 Earnings Call Transcript

The Lion Electric Company (LEV) delivered earnings and revenue surprises of 25% and 3.56%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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

MONTREAL , March 10, 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 fourth quarter and fiscal year 2022, which ended on December 31, 2022. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards ("IFRS").

LION ELECTRIC ANNOUNCES FOURTH QUARTER AND FISCAL 2022 RESULTS

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Nikola Corp.'s acquisition of struggling battery startup Romeo Power Inc. has spilled into federal court with Lion Electric Co. claiming Nikola tried to poach its customers after canceling a battery supply agreement Lion had with Romeo Power. In a civil case filed in the U.S. District Court for Arizona, Lion claimed Nikola told Romeo to raise prices on a previously agreed-to contract with Lion for all but 40 of 296 battery packs Lion ordered for its Lion 8T Class 8 electric truck.

Lion Electric sues Nikola over canceling Romeo battery contract

MONTREAL , March 2, 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 fourth quarter and fiscal year 2022 results on March 10, 2023, 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 2022 RESULTS RELEASE DATE

MONTREAL , Feb. 13, 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, today announced that the Company has entered into an agreement with Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, and its related company, ENGS Commercial Finance Co, to provide financing solutions to Lion school bus and truck customers in the United States and Canada through LionCapital Solutions' vehicle financing program. "I am very pleased to announce this partnership with Mitsubishi HC Capital Canada and ENGS Commercial Finance Co., and to have financial partners who share Lion's sustainable transportation vision and values.

Lion Electric Announces North American Agreement with Mitsubishi HC Capital Canada and ENGS Commercial Finance Co. to Provide Financing for All-electric Buses and Medium- and Heavy-Duty Trucks Through LionCapital Solutions

Images are available here: https://www.dropbox.com/scl/fo/ut66oe7f1sgi9aum9y832/h?dl=0&rlkey=6juh7gu5fdkgevdmkufacrzgw JOLIET, Ill. , Feb. 10, 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, is pleased to announce that the Company joined U.S. Environmental Protection Agency (EPA) Administrator Michael S.

Lion Electric Joins the Environmental Protection Agency Administrator Michael S. Regan to Celebrate Clean School Bus Program Delivery

MONTREAL , Feb. 2, 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 has completed a sale-leaseback transaction with BTB Real Estate Investment Trust (TSX: BTB.UN) for its battery manufacturing building located in Mirabel, Quebec for a total purchase price of C$28 million. The proceeds from the transaction will be used by the Company to repay amounts outstanding under its revolving credit facility and to fund transaction expenses.

LION ELECTRIC COMPLETES SALE-LEASEBACK TRANSACTION FOR MIRABEL BATTERY MANUFACTURING BUILDING

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 17, 2022 to its short form base shelf prospectus dated June 17, 2022. MONTREAL , Jan. 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 in connection with its previously announced public offering (the "Offering") of 19,685,040 units (the "Units") completed on December 16, 2022, the underwriters of the Offering have exercised their over-allotment option in full to purchase an additional 2,952,755 Units at a price of US$2.54 per Unit.

LION ELECTRIC ANNOUNCES FULL EXERCISE AND CLOSING OF OVER-ALLOTMENT OPTION IN CONNECTION WITH PREVIOUSLY ANNOUNCED PUBLIC OFFERING OF UNITS

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News for Lion Electric Stock (LEV)