Equipment Lion Electric doubles Q2 revenue, has 1,400 vehicles on the road August 3, 2023 Lion Electric reported record revenue in the second quarter of $58 million (all figures U.S.), nearly double the same period last year. It recorded a net loss of $11.8 million.
Sustainability Lion inaugurates Quebec battery plant April 17, 2023 Lion Electric has inaugurated its Mirabel, Que., plant where it will produce lithium-ion batteries for its trucks and buses. The 175,000 sq.-ft. facility is located near the Mirabel airport. The…
Equipment Lion surpasses 10M miles on electric vehicles March 10, 2023 Lion Electric delivered 174 electric trucks and buses in the fourth quarter of 2022, generating revenue of US$46.8 million (all figures U.S.) and a net loss of $4.6 million. For…
Equipment Lion Electric produces first battery pack at Mirabel plant December 22, 2022 Lion Electric announced it has produced its first proprietary lithium-ion battery pack at its Mirabel, Que., battery plant. The first battery pack is to be certified in the first quarter…
Equipment Lion continues to ramp up electric truck deliveries November 10, 2022 Lion Electric posted a net loss of $17.2 million in the third quarter, but continued to increase deliveries of its electric trucks and buses. It generated revenue of $41 million,…
Equipment Lion, Transit build lightweight last-mile delivery truck April 11, 2022 Lion Electric has partnered with Quebec-headquartered Transit Truck Bodies to develop a lightweight, aerodynamic electric truck suited for last-mile urban deliveries. The truck builds on a Lion6 chassis with a…
Equipment Lion Electric’s order book swells, but supply chain challenges limit production November 11, 2021 Lion Electric delivered another 40 vehicles in the third quarter, and earned revenue of $11.9 million – a $9.3 million jump from the same quarter a year ago. The Quebec-based…
Equipment Lion Electric to open Illinois manufacturing plant May 7, 2021 Lion Electric is expanding into the U.S. with a manufacturing facility in Joliet, Ill. The Canadian electric truck maker says it will be the largest all-electric medium- and heavy-duty vehicle…
Equipment Amazon orders 10 Lion Electric trucks September 23, 2020 MONTREAL, Que. – Lion Electric has reached a deal to delivery 10 battery-electric trucks to Amazon, with the first two to be delivered this year. Amazon says it will deploy…
