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The first batteries made at the plant in Mirabel are expected to power the company's LionC and LionD school buses and Lion5 trucks.
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The city's public school system has partnered with Highland Electric Fleets with the support of $9.4 million from the Environmental Protection Agency's Clean School Bus Program.
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The Montreal-based electric vehicle company reported $46.8 million in revenue for the fourth quarter and overall annual revenue of $139.9 million, with more than 500 vehicles delivered.
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Lion Electric has reached an agreement with Mitsubishi HC Capital Canada and ENGS Commercial Finance Co. to provide vehicle financing through LionCapital Solutions.
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Gov. JB Pritzker signed into law the Reimagining Electric Vehicles in Illinois Act to incentivize electric vehicle production across the state to help reach the administration’s goal of one million EVs on the road by 2030.
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Certification of the proprietary battery pack made at the company's battery manufacturing facility in Maribel, Quebec, is expected in the first quarter of 2023.
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The LionC zero-emission bus went to Maine, funded during the first round of the Environmental Protection Agency’s effort to kickstart interest in cleaner school buses.
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Gov. Kathy Hochul announced $24 million in funding for the state’s Electric Truck and Bus Challenge, with a third of the money going to the Electrifying School Buses in the Bronx project led by New York City School Bus Umbrella Services.
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The company delivered 156 vehicles, up 116 compared to the same period last year, with $41 million in reported revenue.
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The milestone marks the company's first "made in the U.S.A." school bus now that the new facility in Joliet, Ill., is up and running.
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