November 2, 2022 – TheNewswire - The Lion Electric Company (NYSE:LEV),has reported first production of its zero-emission LionC school bus at its U.S. factory located in Joliet, Illinois. The company says that production of the first LionC occurs at a time when the market demand for all-electric school buses is gaining momentum.

Lion Electric expects to initially focus on manufacturing all-electric school buses at its Joliet factory, with production expected to gradually ramp up starting in the fourth quarter of 2022. The Joliet facility is expected to eventually have a production capacity of up to 20,000 all-electric buses and trucks, following installation of the truck line and after completion of the production ramp-up and scale-up of manufacturing operations.

Eric Pansegrau, General Manager of Lion's Joliet manufacturing facility stated: "Today is a significant milestone for Lion. On behalf of the entire management team, I want to extend my appreciation to all our employees for their passion and commitment over the past few months, as we went from an empty shell of a building here in Joliet, to manufacturing our first made in America zero-emission school bus in roughly 18 months.”

Lion Electric is an innovative manufacturer of zero-emission vehicles. The company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric buses and mini buses for school, paratransit and mass transit segments.

Shares of Lion Electric trade on the NYSE under the ticker symbol LEV. For more information visit www.greenstocknews.com.

Source: https://greenstocknews.com/newswire/lion-electric-lev-announces-production-of-first-made-in-america-school-bus-at-joliet-illinois-factory

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