Lion is an innovative manufacturer of zero-emission vehicles. The company creates, designs and produces 100% electric urban commercial trucks, electric buses and minibuses for school and public transportation. The company is currently addressing a $100 billion market for medium-duty and heavy-duty urban trucks in North America. The one for school buses is valued at $10 billion.
This market will further be expanded by Biden’s clean-energy plan, which seeks to accelerate the transition of the US 500,000-unit school-bus fleet to zero-emission vehicles. This includes the planning of a first-ever nationwide electric car infrastructure… which will benefit companies like ChargePoint (which I have made a video on). Electric Vehicles are more and more admissible to everyone nowadays. It won’t be long before everyone has an electric vehicle in their driveway and delivery companies moving in electric trucks. In my opinion, Lion is the company that will help to ride the electrification wave that we tend to start. Overall, Biden’s plan mentioned above is part of the target to have all new vehicles sales to be zero-emission by 2030, which means MASSIVE potential SALES for Lion Electric. So, there’s a vast addressable automotive market that’s primed for electrification.
