LION ELECTRIC ANNOUNCES SUCCESSFUL FINAL CERTIFICATION OF ITS LIONBATTERY HD BATTERY PACK

Core Viewpoint - Lion Electric has successfully achieved final certification for its LionBattery HD battery pack, enhancing its position in the electric vehicle market [1][6]. Group 1: Product Development - The LionBattery HD is a lithium-ion battery pack specifically designed for heavy-duty trucks, complementing the previously certified LionBattery MD pack for medium-duty vehicles [1][6]. - The LionBattery HD pack has a capacity of 105 kWh and will power the Lion8 Tractor, an all-electric Class 8 commercial truck [7]. Group 2: Manufacturing Capacity - Lion Electric's state-of-the-art battery production facility has an annual manufacturing capacity of 1.7 gigawatt hours, sufficient to power 5,000 commercial vehicles each year [2]. Group 3: Company Overview - Lion Electric is a leading manufacturer of zero-emission vehicles, focusing on all-electric class 5 to class 8 commercial urban trucks and school buses [3]. - The company designs, builds, and assembles many components of its vehicles, including chassis, battery packs, truck cabins, and bus bodies, reinforcing its leadership in North America's electric transportation sector [3][8].