Canada’s Lion Electric strikes again. This time close to home. The commercial vehicle maker has received an order from Autobus Séguin, a transportation operator headquartered in Quebec. They ordered 60 electric school buses to arrive over five years.
Lion Electric says this is the single largest order to date of electric school buses in North America. They plan to deliver the first ten buses throughout 2021 and supply the remaining 50 buses through 2026, so we reckon about ten buses a year.
Autobus Séguin will integrate the new e-buses of type LionC into its existing fleet. “Ultimately, our ambition is to electrify our entire fleet of more than 310 school buses by 2030,” said Stéphane Boisvert, the Groupe’s President.
The companies also admit that the Government of Quebec’s Transportation Electrification Action Plan, made a “significant contribution” to this order’s fulfilment.
This is core business for Lion Electric which first made our news with school buses. Since then, they have gone from strength to strength. The most recent massive order is open with Amazon. The online retail giant plans to procure up to 2,500 all-electric trucks by 2025. The framework agreement was hidden in a long stock exchange notice.
The company announced plans of a SPAC merger with Northern Genesis Acquisition Corp last December. They expect completion this quarter which will lead to a capital influx of about 500 million dollars. Lion Electric will most likely be listed as ‘LEV’ and plans to expand manufacturing capabilities both in vehicles and battery assembly.
Lion is evaluating more than ten potential plant sites in nine states in America, including California, Illinois, Indiana, Michigan, New York, Ohio, Oregon, Pennsylvania, Washington and Wisconsin. Production is then expected to start at the beginning of 2023.
On other notes of expansion, last November Lion Electric ordered $234 million worth of batteries from Romeo Power. Just a month before that, the company also entered a service partnership with charging solution giant ABB.
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