Investor Presentation December 2023
Existing Manufacturing Footprint in Joliet (U.S.)
900K ft² facility with infrastructure in place to reach annual production
capacity of 2,500 school buses and expected capacity of 20K vehicles per
annum, at full scale(1)
SCHOOL BUS
LION
•
Completed building and tenant improvements
•
Continued to ramp-up production of LionC
•
Started commercial production of LionD
Rationale
LIOND
Closer Proximity to Largest
$
Portion of North American TAM
"Made in America"
Manufacturing
Proximity to Larger Pool
"Made in America"
Branding
SCHOOL BUS
of Suppliers
Project Cost Update
Incurred $4M in Q3 2023
• Total project capex incurred to date of ~$100M
Expected capex of $5M for the remainder of 2023, which will be the end
of main initial investments
Management's expectations with respect to the Joliet Manufacturing Facility and the related ramp-up of production are based on a number of assumptions and may be subject to change. See "Forward-Looking Statements"
1)
p.10
on page 1.
BATTERY
000
SCHOOL BUS
LION ELECTRICView entire presentation