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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JOLIET, Ill. , Dec. 19, 2022 /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 it has completed delivery of its first LionC zero-emission school bus funded by the U.S. Environmental Protection Agency's ("EPA") Clean School Bus Program to Mount Desert Island Regional School System in Bar Harbor, Maine.

LION ELECTRIC DELIVERS ITS FIRST BUS FUNDED BY A GRANT UNDER THE U.S. ENVIRONMENTAL PROTECTION AGENCY'S CLEAN SCHOOL BUS PROGRAM

Lion Electric (NYSE: LEV ) stock is sinking 12% after the electric vehicle (EV) maker announced it would sell 19.69 million additional units  for $2.54 per unit. Each unit includes one share of LEV stock and a warrant to purchase an additional share.

Why Is Lion Electric (LEV) Stock Down 12% Today?

Offering to result in Gross Proceeds of US$50 Million to Lion Electric

Lion Electric Announces Pricing of Marketed Public Offering of Units

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.

Lion Electric Announces Launch of Overnight Marketed Public Offering of Units

Lion Electric is set to ramp commercial production at its US manufacturing facility as quarterly revenue hits a new record. This comes as intense cash burn across most recently public EV companies has disrupted product roadmaps and placed the young industry in a state of shock.

Lion Electric: Cash Burn, An 800-Pound Gorilla, And The Disruption Of The Electric Jungle

MONTREAL , Nov. 22, 2022 /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 entered into a four-year supply agreement with a top-tier supplier (the "Supplier") for the supply of lithium-ion battery cells (the "Cell Supply Agreement") to be used for the manufacturing of batteries for electric vehicles. Subject to the terms and conditions of the Cell Supply Agreement, the Supplier has committed to supply, and Lion has committed to purchase, on a non-exclusive basis, lithium-ion battery cells at escalading volumes over calendar years 2023 and 2024, at agreed upon prices, subject to adjustments, including to account for increases in the prices of raw materials and changes in specifications.

LION ELECTRIC ENTERS INTO MULTI-YEAR CELL SUPPLY AGREEMENT FOR EV BATTERY MANUFACTURING WITH A TOP-TIER SUPPLIER

JOLIET, ILL., Nov. 18, 2022 /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 celebrated the signing of a global Memorandum of Understanding (MOU) by the Biden Administration at COP27 in Egypt, targeted at supporting a path to 100% zero-emission medium and heavy-duty vehicles (ZE-MHDVs) sales by 2040.

Lion Electric Celebrates Signing of Global Memorandum of Understanding to Accelerate the Adoption of Medium and Heavy-Duty Zero-Emission Vehicles

After losing some value lately, a hammer chart pattern has been formed for The Lion Electric Company (LEV), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why The Lion Electric Company (LEV) Could be Great Choice for a Bottom Fisher

The Lion Electric Company (NYSE:LEV ) Q3 2022 Earnings Conference Call November 10, 2022 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 Mike Shlisky - D.A. Davidson Christopher Souther - B.

The Lion Electric Company (LEV) Q3 2022 Earnings Call Transcript

The Lion Electric Company (LEV) delivered earnings and revenue surprises of 10% and 1.63%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

The Lion Electric Company (LEV) Reports Q3 Loss, Misses Revenue Estimates

MONTREAL , Nov. 10, 2022 /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 2022, which ended on September 30, 2022. Lion reports its results in U.S. dollars and in accordance with International Financial Reporting Standards ("IFRS").

LION ELECTRIC ANNOUNCES THIRD QUARTER 2022 RESULTS

Lion (LEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Lion (LEV) This Earnings Season?

MONTRÉAL, Nov. 9, 2022 /PRNewswire/ - Finalta Capital, one of Canada's largest private debt funds, CDPQ, a global investment group, and 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 the closing of an agreement for a new credit facility for Lion funded equally by CDPQ and Finalta Capital. The credit facility is granted for a maximum principal amount of CAD 30 million.

CDPQ and Finalta Capital support Lion Electric's growth strategy with $30-million bespoke financing

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JOLIET, ILL., Nov. 2, 2022 /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 produced its first zero-emission LionC school bus in its U.S. factory located in Joliet, Ill.

Lion Electric Announces the Production of its First Made in America School Bus in its Joliet Illinois Factory

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JOLIET, ILL., Oct. 26, 2022 /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 congratulated the U.S. Environmental Protection Agency (EPA) on the announcement of the first round of awards for its highly successful Clean School Bus Program.

LION ELECTRIC CONGRATULATES EPA ON RESOUNDING SUCCESS OF CLEAN SCHOOL BUS PROGRAM WITH ANNOUNCEMENT OF FIRST ROUND OF AWARDS

The Lion Electric Company (LEV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

The Lion Electric Company (LEV) Upgraded to Buy: What Does It Mean for the Stock?

MONTREAL , Oct. 11, 2022 /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 2022 third quarter results on November 10, 2022, 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 2022 RESULTS RELEASE DATE

JOLIET, Ill. , Sept. 30, 2022 /PRNewswire/ - Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty vehicles, is congratulating the U.S. Environmental Protection Agency (EPA) on the overwhelming success of its Clean School Bus Program – which is resulting in the EPA nearly doubling the amount awarded in its initial round of funding to nearly $1 billion.

LION ELECTRIC CONGRATULATES EPA ON DOUBLING CLEAN SCHOOL BUS REBATE AWARDS TO NEARLY $1 BILLION

The Lion Electric Company designs, develops, manufactures, and distributes all-electric medium and heavy-duty urban vehicles. I assumed that The Lion Electric would continue to receive orders in advance. The fact that the company's order book continues to grow is quite beneficial.

The Lion Electric: New Facilities May Justify Higher Price

SAINT-JÉRÔME, QC, Aug. 30, 2022 /PRNewswire/ - On August 30, 2022, Marc Bedard, CEO-Founder of The Lion Electric Company ("Lion") (NYSE: LEV) (TSX: LEV), acquired 50,000 common shares of Lion. Immediately prior to acquiring the common shares, Mr.

ACQUISITION OF COMMON SHARES OF THE LION ELECTRIC COMPANY BY MARC BEDARD, CEO-FOUNDER

JOLIET, Ill. , Aug. 11, 2022 /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 the company hosted U.S. Senator, Dick Durbin, Congressman Bill Foster (IL-11), Illinois Governor J.B.

Lion Electric Hosts Senator Dick Durbin, U.S. Congressman Bill Foster, Illinois Governor J.B. Pritzker, EPA, Labor, Education and Utility Officials at Its Joliet Manufacturing Facility

The Lion Electric Company (NYSE:LEV ) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Isabelle Adjahi – Vice President, Investor Relations and Sustainable Development Marc Bedard – Chief Executive Officer and Founder Nicolas Brunet – Executive Vice President and Chief Financial Officer Conference Call Participants Mike Shlisky – D.A. Davidson Craig Irwin – ROTH Capital Partners Rupert Merer – National Bank Michael Glen – Raymond James Mark Neville – Scotiabank Operator Good morning, ladies and gentlemen.

The Lion Electric Company's (LEV) CEO Marc Bedard on Q2 2022 Results - Earnings Call Transcript

The Lion Electric Company (LEV) delivered earnings and revenue surprises of 11.11% and 2.81%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Lion Electric Stock (LEV)