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Summary Zero-emission transportation start-up reported unimpressive fourth quarter results and provided 2023 guidance well below consensus expectations. Cash usage for this year likely to be well above $600 million. Elevated liquidity needs and limited funding availability required ...
The Lion Electric Company ( NYSE: LEV ) announced on Monday that it entered into an agreement with Mitsubishi HC Capital Canada and ENGS Commercial Finance to provide financing solutions to Lion school bus and truck customers in the United States and Canada through LionCapital Solutio...
Lion Electric Announces North American Agreement with Mitsubishi HC Capital Canada and ENGS Commercial Finance Co. to Provide Financing for All-electric Buses and Medium- and Heavy-Duty Trucks Through LionCapital Solutions Canada NewsWire MONTREAL , Feb. 13, 2023 ...
Summary Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments ...
The Lion Electric ( NYSE: LEV ) it had completed a sale-leaseback transaction with BTB Real Estate Investment Trust for its battery manufacturing building located in Quebec for C$28M. The proceeds will be used to repay amounts outstanding under its revolving credit facility ...
LION ELECTRIC COMPLETES SALE-LEASEBACK TRANSACTION FOR MIRABEL BATTERY MANUFACTURING BUILDING Canada NewsWire MONTREAL , Feb. 2, 2023 /CNW Telbec/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric...
LION ELECTRIC ANNOUNCES FULL EXERCISE AND CLOSING OF OVER-ALLOTMENT OPTION IN CONNECTION WITH PREVIOUSLY ANNOUNCED PUBLIC OFFERING OF UNITS Canada NewsWire This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated J...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Having gambled in under-the-radar penny stocks myself, I can tell you firsthand, the outcome hasn’t always been great. There are a lot of risks involved, so tread lightly. Many experts will advise you to steer clear o...
Summary Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips After a lackluster performance this year, shares of several publicly traded electric vehicle firms decided to end an embattled 2022 on a high note. Specifically, Arcimoto (NASDAQ: FUV ), Blink Charging (NASDAQ: BLNK ), ...
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LION ELECTRIC ANNOUNCES SECOND QUARTER 2024 RESULTS RELEASE DATE Canada NewsWire MONTREAL , July 16, 2024 /CNW/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban v...
LION ELECTRIC ANNOUNCES AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS AND THE ENTERING INTO OF NEW FINANCING Canada NewsWire MONTREAL , July 2, 2024 /CNW/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of al...