Categories Earnings, Other Industries

Dana will supply parts for Lion Electric Co’s all-electric urban Class 8 truck

Atlanta-based Dana Inc (DAN) on Monday announced that Canadian electric vehicle maker Lion Electric Company chose Dana as a preferred supplier of traditional and electrified components for its all-electric urban Class 8 vehicle, the Lion8 truck.

According to the NYSE-listed firm, Lion’s truck boats of Dana’s ‘TM4’ direct drive system and traditional ‘Spicer’ driveline components.

Lion Electric is a Canadian company founded in 2008, specialized in Class 5-8 trucks, full-size school buses, and other vehicles for public transport. It launched its first electric bus in 2016. Since then, more than 200 zero-emission school buses by the company ply the roads of North America.

Dana to supply parts for Lion Electric Company Class 8 electric truck
The Class 8 truck from The Lion Electric Company — Lion8 (Courtesy: Official Brochure)

Last week, on March 11, The Lion Electric Co unveiled the Lion8 urban truck According to the Canadian firm, the truck would be commercialized this Fall and the first vehicle would be delivered to beverage giant Société des Alcools du Québec (SAQ).

Dana Commercial Vehicle Driveline Technologies President Mark Wallace said, “Dana’s collaboration with Lion Electric further solidifies our strategic initiatives as the leader in e-Propulsion. The Lion8 moves beyond simply testing these advanced technologies with the ability to order clean, electric-powered vehicles today.”

“We are very proud that The Lion Electric Co. is ready to commercially launch its first all-electric Class 8 urban truck now. Day after day, the expertise, passion, and vision of our partners, suppliers, and employees continue to impress me. Thanks to them and the industry that fully supports the electrification of transportation, we were able to make possible what everyone said was impossible!” added The Lion Electric Co. CEO Marc Bédard.

 

 

Earnings Calendar: Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO

Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top