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.
Lion Electric's new facility in Illinois will represent the largest dedicated production site for zero-emission medium- and heavy-duty vehicles in the U.S., according to the company.
ABB’s complete charging equipment product line will be sold under Lion Energy, the heavy-duty vehicle manufacturer’s end-to-end infrastructure solution.
Lion Electric will deliver 10 battery-electric trucks to Amazon. The first two will be delivered this year.
The Lion Electric Co. showed off its first all-electric Class 8 urban truck at the American Trucking Associations' Technology & Maintenance Council annual meeting in Atlanta March 19, saying it will be commercialized this fall.
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