- EVs are expected to grow substantially due to government mandates and the cost benefits of EVs, which should only be fueled further by the new administration.
- Lightning provides a full suite of solutions for the Class 3-7 market and is the only company providing an electric powertrain solution currently.
- The company is substantially differentiated from the competition due to regulatory approval, big partnerships, a commercially proven product, and a large order pipeline.
- Despite this, it trades at fairly low valuations compared to inferior companies like XL Fleet and Hyliion.
For further details see:
Lightning eMotors: The Best EV Company You've Never Heard Of