The Lion Electric Company (LEV)
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The Lion Electric Company (LEV) Q3 2024 Earnings Call Transcript
The Lion Electric Company (LEV) Q3 2024 Earnings Call Transcript
The Lion Electric Company (LEV) Reports Q3 Loss, Lags Revenue Estimates
The Lion Electric Company (LEV) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.10 per share a year ago.
The Lion Electric Company (LEV) Q2 2024 Earnings Call Transcript
The Lion Electric Company (NYSE:LEV ) Q2 2024 Results Conference Call July 31, 2024 8:30 AM ET Company Participants Isabelle Adjahi - Vice President, Investor Relations and Sustainable Development Marc Bedard - Chief Executive Officer and Founder Nicolas Brunet - President Richard Coulombe - Chief Financial Officer Conference Call Participants Mike Shlisky - D. A. Davidson Kevin Chiang - CIBC Craig Irwin - ROTH Capital Partners George Gianarikas - Canaccord Daniel Lai - Barclays Rupert Merer - National Bank Ryan Pfingst - B.
The Lion Electric Company Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NA Nizar Araji National Bank Of Canada /FI/ | 2.01M | $19.98M | $502,548.5 | -$19.48M | -97.48% |
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The Lion Electric Company Profile
| Machinery Industry | Industrials Sector | Marc Bedard CEO | NYSE Exchange | 536221104 CUSIP |
| CA Country | 1,350 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
The Lion Electric Company, established in 2008 and headquartered in Saint-Jérôme, Canada, positions itself at the forefront of the green revolution in transportation. Specializing in the design, development, manufacturing, and distribution of purpose-built all-electric urban vehicles, the company is a driving force in North America's shift towards sustainable medium and heavy-duty vehicles. By focusing on electric-powered transport, Lion Electric aims to reduce emissions and improve air quality in urban environments, subsequently taking significant strides toward achieving broader environmental sustainability goals.
Products and Services
- Battery Systems - Lion Electric develops advanced battery systems tailored specifically for medium and heavy-duty electric vehicles. These systems are designed to maximize range and efficiency, ensuring that vehicles can operate effectively in urban environments without the need for frequent recharges.
- Chassis - The company provides uniquely engineered chassis that are optimized for electric vehicles, offering a robust foundation for buses and trucks. These chassis are designed to accommodate the specific requirements of electric drivetrains, contributing to the overall performance and durability of the vehicles.
- Bus Bodies - Lion Electric designs and manufactures bus bodies that are not only compatible with electric drivetrains but also meet the high standards required for passenger comfort and safety. Their buses are tailored for urban public transportation, providing a clean, efficient, and reliable solution for city commuting.
- Truck Cabins - Specializing in the fabrication of truck cabins that are specifically designed for electric vehicles, Lion Electric ensures that drivers have access to state-of-the-art facilities. These cabins are built with ergonomics and driver comfort in mind, enhancing the driving experience while promoting efficiency on the road.
- Distribution of Parts and Accessories - Beyond manufacturing, Lion Electric also distributes a wide range of truck and bus parts as well as accessories. This service ensures that customers can maintain and enhance their vehicles conveniently, benefiting from a comprehensive support system throughout their vehicle's lifespan.
