Lion Electric is a Canadian manufacturing startup founded in 2008. The company's mission is to revolutionize the transportation industry by producing all-electric heavy-duty vehicles. Lion Electric specializes in designing and manufacturing all-electric urban commercial trucks and buses, with a focus on improving the environmental footprint of the industry.
The company recently received a significant investment of $142.00M in post-IPO debt funding on 17 July 2023. This investment was led by notable backers including Fondaction, Investissement Québec, Mirella and Lino Saputo Foundation, Groupe Mach, and Fonds de solidarité FTQ.
Lion Electric's slogan, "The Bright Move," reflects its commitment to driving positive change in the industry. The company's dedication to creating sustainable solutions in response to the current climate challenges demonstrates its potential to make a significant impact on the community and the environment.