About The Lion Electric
The Lion Electric is a company based in Saint-jerome (Canada) founded in 2008 by Marc Bedard.. The Lion Electric offers products and services including LionBus, LionTruck, LionBatteries, LionEnergy, and LionAssistance. The Lion Electric operates in a competitive market with competitors including Proterra, Arrival, Lightning eMotors, Hyzon Motors and Nikola Motor, among others.
- Headquarter Saint-jerome, Canada
- Founders Marc Bedard
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name The Lion Electric Company
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Annual Revenue
$253.5 M81.18as on Dec 31, 2023
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Net Profit
$-103.77 M-683.75as on Dec 31, 2023
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EBITDA
$-50.58 M26.98as on Dec 31, 2023
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Latest Funding Round
$142 M (USD), Post-IPO
Jul 17, 2023
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Investors
Invest Quebec
& 5 more
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Employee Count
Employee Count
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IPO & Listings of The Lion Electric
The Lion Electric is a publicly listed company on the OTC with ticker symbol LEVGQ in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of The Lion Electric
The Lion Electric offers a comprehensive portfolio of products and services, including LionBus, LionTruck, LionBatteries, LionEnergy, and LionAssistance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
All-electric Type C school bus for educational transport.
All-electric class 5-6 truck for freight operations.
Revolutionary batteries for commercial electric vehicles.
Services for EV charging and energy solutions.
Technical support for electric vehicle fleets.
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Funding Insights of The Lion Electric
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $142.0M
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First Round
First Round
(21 Mar 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Post-IPO - The Lion Electric | Valuation |
investors |
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| Apr, 2015 | Amount | Private Equity Round - The Lion Electric | Valuation |
investors |
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| Nov, 2013 | Amount | Grant - The Lion Electric | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Lion Electric
The Lion Electric has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Invest Quebec, Fonds de solidarite FTQ and Fondaction. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Business guidance for corporate companies and startups
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Founded Year | Domain | Location | |
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Offers savings plans, investments, and financing for businesses and individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Lion Electric
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Lion Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Lion Electric Comparisons
Competitors of The Lion Electric
The Lion Electric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Proterra, Arrival, Lightning eMotors, Hyzon Motors and Nikola Motor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Electric buses and charging systems are manufactured for fleets.
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| domain | founded_year | HQ Location |
Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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| domain | founded_year | HQ Location |
SaaS management solutions for EV charging operators are provided.
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| domain | founded_year | HQ Location |
Developer of multiple categories of commercial vehicles
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| domain | founded_year | HQ Location |
Developer of electric trucks
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| domain | founded_year | HQ Location |
Manufacturer of electric trucks
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Lion Electric
Frequently Asked Questions about The Lion Electric
When was The Lion Electric founded?
The Lion Electric was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is The Lion Electric located?
The Lion Electric is headquartered in Saint-jerome, Canada. It is registered at Saint-jerome, Quebec, Canada.
Who is the current CEO of The Lion Electric?
Marc Bedard is the current CEO of The Lion Electric. They have also founded this company.
What is the annual revenue of The Lion Electric?
Annual revenue of The Lion Electric is $253.5M as on Dec 31, 2023.
What does The Lion Electric do?
The Lion Electric was founded in 2008 in Saint Jerome, Canada. Operations center on the electric vehicle sector, where multi-category commercial vehicles such as trucks, buses, minibuses, and bucket trucks are developed. Key features incorporated include pneumatic suspensions, autonomy options, permanent magnet motors, and onboard charging systems. The focus remains on advancing electric mobility for commercial applications across various vehicle types.
Who are the top competitors of The Lion Electric?
The Lion Electric's top competitors include Proterra, Arrival and Lightning eMotors.
What products or services does The Lion Electric offer?
The Lion Electric offers LionBus, LionTruck, LionBatteries, LionEnergy, and LionAssistance.
Is The Lion Electric publicly traded?
Yes, The Lion Electric is publicly traded on OTC under the ticker symbol LEVGQ.
Who are The Lion Electric's investors?
The Lion Electric has 6 investors. Key investors include Invest Quebec, Fonds de solidarite FTQ, Fondaction, XPND Capital, and Gouv Qc.
What is The Lion Electric's ticker symbol?
The ticker symbol of The Lion Electric is LEVGQ on OTC.