MONTREAL – The Lion Electric Company, a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced that it has completed production of its first lithium-ion battery pack at the company’s battery manufacturing facility located in Mirabel, Quebec. Final certification of the first battery pack is expected in the first quarter of 2023, followed by a gradual production ramp-up in 2023. The first batteries produced in Mirabel will power the Lion5 truck and the LionAmbulance, which is expected to reach commercial production in the first half of 2023.
“The production of our first battery pack out of our Mirabel battery facility is an important step for Lion and should, over time, bring with it a new level of optimization for product design and production efficiency,” said Yannick Poulin, Lion’s Chief Operating Officer. “I am incredibly proud of our team for the continued advancement of this project, and I am very thankful to the Canadian and Quebec governments for their support in making it a reality.”
Once fully operational, Lion’s new Mirabel battery manufacturing facility is expected to give the Company a key market advantage, with vertical integration providing more supply control, technology advancement, and vehicle integration. Given that the battery is typically the most expensive component of an electric vehicle, this new manufacturing capability should directly impact Lion’s development of medium- and heavy-duty electric vehicle platforms while also offering critical economic benefits.
At full scale, Lion’s battery manufacturing facility is expected to have an annual production capacity of five gigawatt-hours of battery capacity. The news comes as Lion has also recently celebrated the start of production at its U.S. vehicle manufacturing facility in Joliet, Illinois.
