Lion Electric (LEV) Reports Q1 Loss of $0.15/sh

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Go back to Lion Electric (LEV) Reports Q1 Loss of $0.15/sh

Lion Electric Announces First Quarter 2021 Results Following Successful Public Listing

May 17, 2021 6:50 AM EDT

MONTREAL, May 17, 2021 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced its financial and operating results for the first quarter of fiscal year 2021, which ended on March 31, 2021. All amounts are in U.S. dollars except where otherwise indicated.

Q1 2021 HIGHLIGHTS

Delivery of 24 vehicles, a significant increase as compared to the 2 delivered in the same period last year. Revenue of $6.2 million, up $5.0 million compared to $1.2... More