Lion Electric Investor Presentation Deck
"Built-in-America" EV Manufacturing Facility
New U.S. EV manufacturing plant located in Joliet, IL
Highly automated production facility for zero-emission all-electric vehicles
Capacity of 20,000 vehicles-per-year at scale
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Took possession of 900,000 ft² shell building in January 2022
Working with Colliers International as construction project manager and Merkur for
project planning and selection and commissioning of production equipment
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Building construction is progressing well, with a focus now primarily on the interior of the
facility
Continue to receive equipment for the bus production line; have now received and
installed the overhead cranes
In parallel, working to finalize the production process
Progressing on hires, which are currently focused on plant-level management
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Upcoming Milestones:
Reception of equipment for bus production line and production stations installation
Completion of building and tenant improvements
Completion of hiring needs and training of production employees
Remain on-track to produce first school buses out of the Joliet facility in H2 2022
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Closer Proximity to Largest Portion
of North American TAM
Rationale
Largest U.S. manufacturing plant for medium
and heavy-duty EVs
Proximity to Larger Pool of Suppliers
"Made in America Manufacturing"
Access to federal, state, county, and
municipal U.S. funding
"Made in America Branding"
Greater appeal to U.S. buyers
PLACE
UON ELECTRIC
Al-Electric Vehicles
Total Estimated Project Cost of
-$150M ($115M in 2022)
WAS PRECIOS
mm mVER THE BOTERY
791447
CONGRESSMAN BILL FOSTER, CONGRESSMAN SEAN CASTEN, CONGRESSWOMAN LAUREN UNDERWOOD, SYLVIA
GARCIA, ACTING DIRECTOR OF THE ILLINOIS DCEO AND NATE BAGUIO, SVP OF COMMERCIAL DEVELOPMENT OF
LION ELECTRIC, AT LION'S JOLIET MANUFACTURING FACILITY
-$27M Spent to
Date
ST
Additional -$37M
Engaged
LION ELECTRICView entire presentation