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The Lion Electric Company
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Short description

Developer of electric freight and passenger transportation

Founded in 2008
Founded in

Company type Public Public (LEV)
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Canada Quebec, Canada
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Updated by Cleantech Group on 11/23/2022

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Date Company
01/11/2021

Amazon Amazon

Amazon plans to purchase up to 2,500 all-electric trucks, following on from a 10 truck purchase announced in September.

Confirmed by Amazon
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Partnerships
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Date Partner Type
12/11/2020
Con Edison Con Edison
Con Edison has begun using the batteries from Lion Electric school buses to test vehicle-to-grid services and provide power to their customers.
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Confirmed by Con Edison
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IPO INFORMATION

Date

05/06/2021

IPO status

Listed

IPO Type

SPAC

Amount

$490M

Initial shares

Ticker symbol

LEV

Exchange listed

NYSE

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Description

Lion Electric has closed the business combination with Northern Genesis Acquisition Corp. and will begin trading on the New York Stock Exchange.

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Date Investors Type Amount
11/10/2022 Finalta Capital Finalta Capital , CDPQ - Caisse de depot et placement du Quebec CDPQ - Caisse de depot et placement du Quebec (2)
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Lion8

The Lion 8 is an all electric class 8 urban truck with commercialization planned for Fall 2019.

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