MONTREAL, Aug. 2, 2022
/CNW Telbec/ - 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 the addition
of two executive positions in the U.S., naming Sydney Dunn as Vice President of Truck Sales,
U.S. and Dominik Beckman as Vice
President of Marketing and Communications, U.S.
In her new role, Dunn will oversee the medium and heavy-duty
trucking sales business division in the U.S. for Lion. She brings
two decades of sales and operations leadership experience to Lion.
In her most recent role as Director of Fleet Sales and Operations
at ElectraMeccanica, Dunn oversaw all sales and operations for the
EV manufacturer's go-to-market commercial strategy. Prior to that,
Dunn spent several years in General Motors' fleet and commercial
division. Her roles were primarily focused on the sales and
marketing of conquest customers, as well as the manufacturer's
re-entry into the medium-duty truck space.
Beckman joins Lion from Toyota Group Company, Hino Trucks, where he served for the past six
years as executive leader of marketing and communications,
overseeing dealer network operations and connected vehicle
programs, as well as EV infrastructure solutions. Beckman also
serves on the board of directors for the NTEA Green Truck
Association and has 20-plus years of diverse global marketing,
innovation management, and competitive positioning experience
spread across renowned automotive companies - Toyota/Hino, Delphi
Corp., and Continental AG.
"We are pleased to welcome Sydney and Dominik to Lion's U.S.
leadership team at this critical juncture in the move to
zero-emission heavy-duty transportation, and at a very exciting
time in our Company's history. Their passion for vehicle
electrification and proven experience in fleet sales and marketing
will aid us in accelerating the growth of both our trucking
division and overall U.S. operations, as we prepare to start
manufacturing 'Made in America' zero-emission vehicles at our
Joliet, Illinois plant later this
year," said Brian Piern, Chief
Commercial Officer at Lion.
About Lion Electric
Lion Electric is an innovative manufacturer
of zero-emission vehicles. The company creates, designs
and manufactures all-electric class 5 to class 8 commercial
urban trucks and all-electric buses and minibuses for the school,
paratransit and mass transit segments. Lion is a North
American leader in electric transportation and designs, builds
and assembles many of its vehicles' components, including chassis,
battery packs, truck cabins and bus bodies.
Always actively seeking new and reliable technologies, Lion
vehicles have unique features that are specifically adapted to its
users and their everyday needs. Lion believes that transitioning to
all-electric vehicles will lead to major improvements in our
society, environment and overall quality of life. Lion shares are
traded on the New York Stock Exchange and the Toronto Stock
Exchange under the symbol LEV.
Lion Electric, The Bright Move
Thelionelectric.com
CAUTION REGARDING FORWARD-LOOKING
STATEMENTS
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This press release
contains "forward-looking information" and "forward-looking
statements" (collectively, "forward-looking statements") within the
meaning of applicable Canadian and United States securities laws,
including the Private Securities Litigation Reform Act of 1995. Any
statements contained in this press release that are not statements
of historical fact, including statements about Lion's beliefs and
expectations relating to the offer and sale of Common Shares under
the ATM Program, are forward-looking statements and should be
evaluated as such.
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Forward-looking
statements may be identified by the use of words such as "believe,"
"may," "will," "continue," "anticipate," "intend," "expect,"
"should," "would," "could," "plan," "project," "potential," "seem,"
"seek," "future," "target" or other similar expressions and any
other statements that predict or indicate future events or trends
or that are not statements of historical matters, although not all
forward-looking statements contain such identifying words. These
forward-looking statements include statements regarding the offer
and sale of Common Shares under the ATM Program, including the
timing and amounts thereof, and the use of any proceeds from the
ATM Program.
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By their nature,
forward-looking statements involve risks and uncertainties because
they relate to events and depend on circumstances that may or may
not occur in the future. Such risks and uncertainties are described
in greater detail in the Canadian Prospectus Supplement, the US
Prospectus Supplement and section 23.0 entitled "Risk Factors" of
the Company's annual MD&A for the fiscal year 2021. Many of
these risks are beyond Lion's management's ability to control or
predict. All forward-looking statements included in this press
release are expressly qualified in their entirety by the cautionary
statements contained herein and the risk factors included in the
Canadian Prospectus Supplement, the US Prospectus Supplement, the
Company's annual MD&A for the fiscal year 2021 and in other
documents filed with the applicable Canadian regulatory securities
authorities and the SEC.
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Because of these risks,
uncertainties and assumptions, readers should not place undue
reliance on these forward-looking statements. Furthermore,
forward-looking statements speak only as of the date they are made.
Except as required under applicable securities laws, Lion
undertakes no obligation, and expressly disclaims any duty, to
update, revise or review any forward-looking information, whether
as a result of new information, future events or
otherwise.
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SOURCE Lion Electric