The Lion Electric Company Overview
Pro stress-test →Lion Electric designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company creates and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric school buses. However, the company is in significant financial distress.
Strategic Profile
Pro stress-test →Lion is a North American leader in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies. The company obtained creditor protection under the CCAA and implemented workforce reductions as part of ongoing restructuring proceedings.
Competitive Landscape
Pro stress-test →Lion Electric competes in the all-electric medium and heavy-duty vehicle market, primarily against traditional commercial vehicle manufacturers transitioning to electric platforms and emerging EV specialists. Key competitors include established bus manufacturers like New Flyer Industries (diesel-to-electric transition) and emerging electric transit companies like Proterra (prior to bankruptcy) and BYD, which holds a dominant position in global electric bus manufacturing.
Industry Context
The Lion Electric Company operates in Electric bus and commercial vehicle manufacturing.
Key facts
Founded: 2008 · Headquarters: Saint-Jérôme, Canada · Employees: 160 · Revenue: N/A · Market cap: N/A