The Lion Electric
- Company typePublic
- Founded2008
- HeadquartersSacramento, United States
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
The Lion Electric firmographics
Firmographics- Name
- The Lion Electric
- Legal name
- Lion Electric Company
- Website
- https://thelionelectric.com
- Company type
- Public
- Founded year
- 2008
- Operating status
- Closed
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
The Lion Electric industry classification
Industry- Product category
- Electric Commercial Vehicles
- NAICS
- Heavy Duty Truck Manufacturing (336120), Motor Vehicle Manufacturing (3361), Motor Vehicle Body and Trailer Manufacturing (33621), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632)
- SIC
- Truck & Bus Bodies (3713), Miscellaneous Transportation Equipment (3790)
- akta.pro primary industry
- Electric Bus (Battery-Electric) Manufacturing (IMACADAE)
- akta.pro secondary industry
- Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK)
Keywords
Where The Lion Electric is headquartered
LocationHeadquarters
- HQ city
- Sacramento
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
The Lion Electric business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Electric Vehicle Hardware Sales: Lion Electric generates revenue primarily through the sale of battery-electric trucks and school buses to government, education, and commercial fleet customers. As a manufacturer, revenue is derived from one-time vehicle sales with potential for aftermarket services and charging infrastructure bundled with vehicle contracts.
- Vehicle-to-Grid Services: Lion Electric's V2G-enabled buses can provide grid services, monetizing bidirectional charging capabilities through utility partnerships, though this represents a secondary revenue stream rather than a primary commercial model.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
The Lion Electric product offering
Product offeringCore offering
The Lion Electric designs, manufactures, and sells all-electric medium- and heavy-duty commercial vehicles, including Type A–D school buses, Class 5–8 trucks, and urban transit buses, together with proprietary 70 kWh and 105 kWh battery packs produced in-house at its Mirabel, Quebec facility. Vehicles are sold primarily to government fleet operators, school districts, and commercial fleet customers, with some platforms offering Vehicle-to-Grid (V2G) bidirectional charging capability.
Product overview
Lion Electric is a manufacturer of all-electric commercial vehicles, specializing in school buses, medium and heavy-duty trucks, and transit buses. The company also produced proprietary battery systems at its Mirabel, Quebec facility. The product portfolio consists of four main offerings: electric school buses available in Type A-D configurations, Class 5-8 electric trucks for commercial freight and delivery, electric transit buses with vehicle-to-grid capability, and battery packs manufactured in-house at the Mirabel gigafactory. The company filed for bankruptcy in 2025 and its assets, including the battery manufacturing facility, were auctioned.
Differentiator
Problem solved
Functional benefit
Products and services
- Lion Electric School Buses
Quantifiable outcome
- First instance in New York of electric buses feeding power to a utility grid (December 2020)
- +1 more outcomes
Companies that use The Lion Electric
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
The Lion Electric technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
The Lion Electric partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Nuvve CorpmajorLion Electric partnered with Nuvve Corp for vehicle-to-grid (V2G) technology deployment. Lion Electric buses in White Plains, New York became New York's first instance of buses feeding power to a utility grid in December 2020, utilizing Nuvve's V2G platform for grid services and demand response.
Scale indicators8 records
Recent moves11 records
Expansion highlights8 records
The Lion Electric competitors and assessment
Company assessmentDirect peers
- BYD: BYD manufactures battery-electric buses and medium/heavy-duty trucks globally, including the Type D school bus and Class 5-8 truck categories where Lion competed. Direct overlap on product, customer (school districts, municipal fleets), and battery-electric powertrain technology.
- Proterra: Proterra was a leading North American manufacturer of battery-electric transit buses and also supplied battery packs to other commercial EV OEMs. Closely comparable to Lion on electric bus platform, school/transit customer base, and battery manufacturing vertical integration; Proterra also filed for bankruptcy in 2023.
- Nikola Corporation: Nikola developed Class 8 hydrogen fuel cell and battery-electric trucks and pursued SPAC public listing similar to Lion. Closely comparable commercial ZEV peer; Nikola also filed for bankruptcy in 2025, sharing Lion's SPAC-era trajectory.
Broad incumbents
- Daimler Truck North America (Freightliner): Freightliner's eCascadia and eM2 are direct competitors to Lion's Class 5-8 electric trucks in the North American commercial freight market. As part of Daimler Truck, Freightliner has substantially greater scale, dealer network, and balance sheet than Lion.
- Volvo Trucks North America: Volvo's VNR Electric competes directly with Lion's medium/heavy-duty electric trucks in North American fleet applications. Volvo offers broader portfolio and global manufacturing scale, with deeper R&D and dealer service infrastructure.
- Tesla: Tesla Semi targets the Class 8 electric trucking segment where Lion also competed. While product focus differs, Tesla's vertical battery integration, capital base, and brand represent a major competitive threat in the commercial ZEV market.
- PACCAR (Peterbilt, Kenworth): PACCAR's Peterbilt 579EV and Kenworth T680E compete with Lion in the Class 8 electric truck segment. Incumbent OEM with established dealer/service network and customer relationships across North American trucking fleets.
- NFI Group (New Flyer): NFI Group's New Flyer and MCI brands manufacture electric transit buses competing directly with Lion's transit bus offering in North America. Incumbent with longer manufacturing history and broader product portfolio across bus categories.
Emerging players
- Rivian: Rivian's Electric Delivery Van (EDV) program targets commercial fleet electrification similar to Lion's truck and bus portfolio, with Amazon as anchor customer. Comparable emerging EV commercial vehicle OEM with vertically integrated battery technology.
- GreenPower Motor Company: GreenPower manufactures Type A-D all-electric school buses and electric transit/shuttle buses in the North American market. Direct product overlap with Lion's school bus and transit bus lines at smaller scale.
Market position
Strengths2 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
The Lion Electric social profiles
Digital presenceThe Lion Electric financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Lion Electric leadership team
Management profileNumber of profiles
Profiles8 records
The Lion Electric funding detail
Funding detailFunding overview
Funding rounds6 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Lion Electric M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Lion Electric
What does The Lion Electric do?
The Lion Electric designs, manufactures, and sells all-electric medium- and heavy-duty commercial vehicles, including Type A–D school buses, Class 5–8 trucks, and urban transit buses, together with proprietary 70 kWh and 105 kWh battery packs produced in-house at its Mirabel, Quebec facility. Vehicles are sold primarily to government fleet operators, school districts, and commercial fleet customers, with some platforms offering Vehicle-to-Grid (V2G) bidirectional charging capability.
Is The Lion Electric a public or private company?
The Lion Electric is a public company. It is classified as public and is currently closed.
When was The Lion Electric founded?
The Lion Electric was founded in 2008. It employs 251 to 500 people.
Where is The Lion Electric based?
The Lion Electric is headquartered in Sacramento, United States, in the North America region.
How does The Lion Electric make money?
Two revenue lines are on record. Electric Vehicle Hardware Sales are the primary driver. The others are vehicle-to-Grid Services.
Who are The Lion Electric's main competitors?
Direct peers on record are BYD, Proterra and Nikola Corporation. Broad incumbents are Daimler Truck North America (Freightliner), Volvo Trucks North America, Tesla, PACCAR (Peterbilt, Kenworth) and NFI Group (New Flyer). Emerging players are Rivian and GreenPower Motor Company.
Does The Lion Electric have an API?
No public API is recorded for The Lion Electric.
What industry is The Lion Electric in?
The Lion Electric's product category is Electric Commercial Vehicles. Its primary akta.pro industry code is IMACADAE, Electric Bus (Battery-Electric) Manufacturing, with a secondary code of IMACABAK, Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells). Its NAICS code is 336120 and its SIC code is 3713.