Lion Electric has announces that it has selected Joliet, in Illinois, for the construction of its U.S. manufacturing facility. The new facility, according to the Canadian company that has recently made public it is building a battery plant in its home country, will represent the largest dedicated production site for zero-emission medium and heavy-duty vehicles in the U.S.

Production is planned to begin in second half of 2022 with annual capacity up to 20,000 zero emission vehicles (electric buses and electric trucks).

Over the last decade, Lion Electric has delivered over 390 all-electric heavy-duty vehicles in North America with over 7 million miles driven since 2016

Made in America plan: Lion Electric to meet US targets

The investment is set to allow the company the ability to meet the increasing demand in the marketplace for “Made in America” zero-emission vehicles, while simultaneously bringing production closer to its customers. Earlier this year the company got a 60-units order for e-school buses.

As part of its agreement with the government of Illinois, Lion has committed to an initial investment of at least U.S. $70 million over a 3-year period.

Lion Electric is in the process of going public: a few days ago the Canadian group and Northern Genesis Acquisition Corp., a special purpose acquisition company, announced the completion of their business combination. Beginning on May 7, 2021, Lion’s common shares began trading on the New York Stock Exchange and the Toronto Stock Exchange.

Lion Electric is featured in the newly released issue of Sustainable Bus magazine, with a dedicated report on the electric bus market in the USA.

Lion Electric manufacturing plant in the US

The 900,000 sq-ft facility, for which building ramp up is anticipated in the second half of 2021, is expected to add a minimum of 745 clean energy direct jobs to the region over the next three years, with an annual production capacity of up to 20,000 all-electric buses and trucks, Lion Electric says.

Lion anticipates that the first vehicles will roll off the production line in the second half of 2022.

Over the last decade, Lion has delivered over 390 all-electric heavy-duty vehicles in North America with over 7 million miles driven since 2016. All of Lion’s vehicles are purpose-built for electric propulsion from the ground up, assembled in North America and are distributed and serviced through the Company’s network of Experience Centers, including locations in California, New York, Washington, Florida and Arizona.

Lion Electric, leader in electric school buses

“Lion is the leader in electric school buses and has always been dedicated to the U.S. market, and our commitment to be close to our customers is one of the core values we have as a company. This significant expansion into the U.S. market will not only allow us to drastically increase our overall manufacturing capacity of electric trucks and buses but to also better serve our customers, while adding critical clean manufacturing jobs that will form the backbone of the green economy,” said Marc Bedard, CEO and Founder of Lion. “I also want to acknowledge the crucial role that P33 and Intersect Illinois, civic groups committed to developing developing a long-term roadmap for the local tech industry, played in connecting Lion with the Chicago area’s business and civic community to help further commercial traction, as well as engagement with key workforce and supplier partners.”

“Lion’s historic investment to bring its largest production facility to Illinois represents not only a win for our communities, but a strong step forward in our work to expand clean energy alternatives and the jobs they bring to our communities,” said Gov. J.B. Pritzker. “The new Joliet facility will put Illinois at the forefront of a national movement to transition to zero-emission vehicle use, advancing our own goals of putting one million of these cars on the road by 2030. In Illinois, we know that a clean energy economy is about more than just vehicles – it’s about healthier communities and jobs for those who live there. We are excited to welcome Lion to the Land of Lincoln and look forward to their future success here.”

Highlights

Related articles

London, Go Ahead starts deploying the first Irizar e-buses in UK

Starting November 20th, the first Irizar ie trams started being put into service on one of the longest bus lines in London between Crystal Palace and Orpington. With this project, Irizar e-mobility will electrify the first bus line with ultra-fast opportunity charging in London, following a contract...

Ebusco has raised 36 million euros via right issue

Ebusco announces it has raised a total of EUR 36 million through the successful completion of its Rights Issue. Results of the Rights Issue. The final gross proceeds of the Rights Issue amount to EUR 36 million, corresponding to the issuance of 43,853,031 new ordinary shares at an issue price per sh...