Lion Electric Co

NYSE:LEV

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. The company is headquartered in Saint-Jerome, Quebec. The company went IPO on 2021-05-07. The firm designs and manufactures all-electric commercial urban trucks and all-electric buses and minibuses for the school, paratransit, and mass transit markets. The firm's vehicles are Vehicle-to-Grid (V2G) enabled and equipped with its LionBeat telematics platform, which provides full monitoring of vehicle data, and charging infrastructure agnostic. Its LionBeat telematics platform gathers data such as greenhouse gas (GHG) emissions savings, real-time global positioning system (GPS) tracking, speed, odometer readings, average energy usage, energy usage history, and other maintenance and tracking statistics. Its product consists of trucks, being Lion6 (Class 6 truck), Lion8 (Class 8 truck), Lion8 Reefer, and Lion8 Refuse trucks; school buses, being LionC (Type C school bus) and LionA (Type A school bus); and a shuttle bus, the LionM. The firm also provides spare parts for the maintenance of vehicles.