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Benzinga

Business

Akanksha Bakshi

Lion Electric, Transit Truck Bodies Launch Heavy-Duty Truck

Transit NYSE TSX Quebec

Lion Electric Co (NYSE:LEV) (TSX:LEV) and Transit Truck Bodies launched a new lightweight, aerodynamic, 100% heavy-duty electric truck ideally suited for last-mile urban delivery.
This vehicle was developed as part of the Mobel mobilization project that the government of Quebec is supporting to finance.
Designed by Transit, this zero-emission vehicle built on a Lion6 chassis features an e-Classik box, which is lighter than the standard model and adapted explicitly to urban roads.
"Today, the e-Classik box combined with our Lion6 chassis allows us not only to meet transportation fleet needs, but also society's expectations as we fight climate change and transition to zero-emission transportation," stated Marc Bédard, CEO – Founder of Lion Electric.
Price Action: LEV shares are trading lower by 0.13% at $7.54 on NYSE and lower by 0.53% at C$9.47 on TSX on the last check Monday.

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