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Lion Electric

Transportation · Saint-Jérôme, Canada · Founded 2008 · Public via SPAC 2021

A manufacturer of 100% electric heavy vehicles founded in 2008 with the intention of revolutionizing the school transport industry MoreLess

Lion Electric Co. is a prominent player in the electric vehicle industry, specializing in the design, development, manufacturing, and distribution of all-electric medium and heavy-duty urban vehicles. The company serves a diverse range of clients, including municipalities, school districts, and private companies, primarily in North America. Operating in the rapidly growing electric vehicle market, Lion Electric focuses on providing sustainable transportation solutions that reduce emissions and operational costs. The business model revolves around the sale of electric trucks and buses, complemented by a comprehensive support service to help clients integrate these vehicles into their fleets. Revenue is generated through vehicle sales, after-sales services, and strategic partnerships. With a strong emphasis on innovation, Lion Electric has a robust product development pipeline, planning to launch eight new models over the next two years. The company’s strategic initiatives include expanding U.S. manufacturing capabilities and advancing battery technology to enhance vehicle performance and cost-efficiency.

Keywords: electric vehicles, medium-duty trucks, heavy-duty buses, urban transportation, battery systems, U.S. manufacturing, sustainable solutions, innovation, fleet integration, strategic partnerships.

Valuation $17M
Revenue $236M
Total funding $100–500M

Talent graph

Lion Electric's talent

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Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

9 investors on Lion Electric's cap table

Sourced from Dealroom's funding history.

Seed 1 investor entered at this stage
US Environmental Protection Agency
Series B+ 8 investors entered at this stage
Northern Genesis Acquisition Corp I
La Caisse
Finalta Capital
MACH Group
The Mirella and Lino Saputo Foundation
Invest Quebec
Fondaction
Fonds de solidarité FTQ

Global footprint

Where Lion Electric has talent and traffic

Workforce by country
2 countries with
team presence
🇨🇦 Canada71.4%
🇺🇸 United States28.6%
2 countries shown
Web traffic by country
12K monthly visits
across markets
🇨🇦 Canada31.7%
🇺🇸 United States11.7%
🇮🇳 India5.8%
Top 3 markets shown

Market sentiment

What the market is saying about Lion Electric

An AI-synthesized read of the highest-engagement posts about Lion Electric on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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