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Lion Electric Co (The) - LEV STOCK NEWS

Welcome to our dedicated news page for Lion Electric Co (The) (Ticker: LEV), a resource for investors and traders seeking the latest updates and insights on Lion Electric Co (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lion Electric Co (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lion Electric Co (The)'s position in the market.

News
LION ELECTRIC ANNOUNCES FIRST QUARTER 2024 RESULTS RELEASE DATE
Rhea-AI Summary
The Lion Electric Company, a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced that it will release its first quarter 2024 results on May 8, 2024. A conference call and webcast will be held to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
earnings
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News
LION ELECTRIC ANNOUNCES WORKFORCE REDUCTION AND COST-CUTTING MEASURES
Rhea-AI Summary
The Lion Electric Company (LEV) announced a workforce reduction and cost-cutting measures to align its cost structure with current market dynamics. Approximately 120 employees, mainly in Canada, will be affected. The company expects annual cost savings of around $40 million from these measures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.21%
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none
-
News
California Energy Commission Awards a $3 Million Grant to BorgWarner, Fermata Energy and Lion Electric for Innovative Vehicle-to-Grid Project with Bus Operator American Transportation to Service Student Transportation for California School Districts
Rhea-AI Summary
California Energy Commission awards BorgWarner, Fermata Energy, and Lion Electric a $3M grant for innovative Vehicle-to-Grid project to support American Transportation Systems Bus Company, aiming to enhance grid reliability and decarbonize California's energy grid.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
none
News
Lion Electric Honored with mHUB Chicago';s Manufacturer of the Year Award
Rhea-AI Summary
The Lion Electric Company, a prominent manufacturer of all-electric medium and heavy-duty urban vehicles, was honored as mHUB Chicago's Manufacturer of the Year at the 2024 Fourth Revolution annual celebration. Lion Electric has over 1,850 zero-emission vehicles on the road, with 22 million miles of real-world operation in the U.S. and Canada. The company opened a new 900,000 square-foot facility in Joliet, Illinois, investing over $100 million in the state. Lion Electric started production and deliveries of its electric LionD school bus and Lion5 commercial truck, contributing to clean energy transportation job growth in the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
Tags
none
-
News
LION ANNOUNCES UPCOMING PARTICIPATION AT INVESTOR CONFERENCE
Rhea-AI Summary
The Lion Electric Company to Present at 36th Annual ROTH Conference in March 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
none
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News
LION ELECTRIC ANNOUNCES FOURTH QUARTER AND FISCAL 2023 RESULTS
Rhea-AI Summary
The Lion Electric Company (LEV) reported its financial results for Q4 2023 and FY 2023, showcasing revenue growth, increased vehicle deliveries, and operational highlights. Despite revenue growth and record vehicle deliveries, the company faced challenges resulting in a net loss and gross losses. The decision to delay commercial production of certain minibuses impacted financials negatively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.57%
Tags
earnings
News
LION ELECTRIC ANNOUNCES FOURTH QUARTER AND FISCAL 2023 RESULTS RELEASE DATE
Rhea-AI Summary
The Lion Electric Company (LEV) will release its Q4 and FY 2023 results on February 29, 2024, with a conference call and webcast to discuss the results. Investors can participate via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.49%
Tags
earnings
-
News
LION ELECTRIC INITIATES DELIVERIES OF LIOND, A NEW ALL-ELECTRIC SCHOOL BUS MODEL
Rhea-AI Summary
The Lion Electric Company (LEV) has commenced customer deliveries of its newly-launched LionD school buses in California, offering seating capacity for 83 children and a range of up to 155 miles on a single charge. The launch reaffirms Lion's commitment to safe zero-emission transportation, eliminating up to 23 tons of greenhouse gas emissions per year. The LionD is designed with safety at the forefront, featuring a programmable low-speed sound generator, optimized front windshield, and an ergonomically designed driver cockpit. It also offers lower energy and maintenance costs compared to traditional diesel-powered school buses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
none
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News
LION AWARDED $38 MILLION AS PART OF THE EPA';S LATEST ROUND OF CLEAN SCHOOL BUS PROGRAM FUNDING
Rhea-AI Summary
The Lion Electric Company (NYSE: LEV) (TSX: LEV) was awarded a $38 million grant for 97 electric school buses and related charging infrastructure under the U.S. EPA's Clean School Bus Program. This represents a significant opportunity for Lion to expand its presence in the electric vehicle market and contribute to reducing greenhouse gas emissions. Lion continues to assist clients with funding opportunities and is currently accepting applications for the 2023 Clean School Bus Rebate Program, with the EPA expecting to award at least $500 million in funding by April 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.95%
Tags
none
News
Lion Electric Announces Successful Final Certification of its LionBattery MD Battery Pack
Rhea-AI Summary
The Lion Electric Company (NYSE: LEV) (TSX: LEV) has announced the successful final certification for its medium duty battery pack, the LionBattery MD, designed for the Company's medium duty trucks and school buses. The certification showcases Lion's cutting-edge capabilities and underscores their commitment to quality control and safety. With an annual manufacturing capacity of 1.7 gigawatt hours, Lion's state-of-the-art battery production facility can power 5,000 of Lion's commercial vehicles per year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
Stock LEV logo
Lion Electric Co (The)

NYSE:LEV

LEV Rankings

#3696 Ranked by Market Cap
#4548 Ranked by Stock Gains
N/A Ranked by Dividends

LEV Stock Data

267.73M
41.42M
48.11%
6.74%
2.78%
Heavy Duty Truck Manufacturing
Manufacturing
Link
Canada
Saint Jerome

About LEV

autobus lion fut créé en 2008 par marc bédard et camile chartrand afin de répondre aux besoins incomblés d’une des plus importantes industries nord-américaines après plusieurs années de développement et après avoir rencontré plusieurs centaines d'opérateurs, chauffeurs, mécaniciens et dirigeants de commissions scolaires partout en amérique du nord, lion est parvenu à proposer un véhicule ayant les caractéristiques recherchées par les utilisateurs des véhicules scolaires; un véhicule évolué, répondant aux besoins de l’industrie, comportant plusieurs innovations contrôlées et offert à un prix très compétitif l'équipe lion est composée d'employés dynamiques et expérimentés, provenant de plusieurs compagnies qui sont des chefs de file dans l'industrie du transport les véhicules lion sont disponibles dans une multitude de provinces canadiennes et d’états américains. lion a tout d’abord mis sur le marché un autobus scolaire et a par la suite enchaîné avec le lancement d’un éloquent véh