Lion Electric
Lion Electric, officially known as Lion Electric Co., is a leading manufacturer of all-electric commercial vehicles, headquartered in Canada. Founded in 2008, the company has rapidly established itself in the electric vehicle industry, focusing on sustainable transportation solutions for urban environments. With major operational regions across North America, Lion Electric is committed to producing zero-emission buses and trucks that cater to various sectors, including public transit and logistics. The company’s core products, such as the Lion6 and Lion8 electric trucks, are distinguished by their innovative design and advanced technology, offering significant reductions in greenhouse gas emissions. Lion Electric has achieved notable milestones, including partnerships with various municipalities and school districts, solidifying its position as a key player in the transition to electric mobility. As the demand for eco-friendly transportation continues to grow, Lion Electric remains at the forefront of the industry, driving change towards a more sustainable future.
DitchCarbon Score
How does Lion Electric's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Furniture Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lion Electric's score of 35 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lion Electric's reported carbon emissions
In 2023, Lion Electric reported total carbon emissions of approximately 10,000,000 kg CO2e, with emissions distributed across various scopes: 498,000 kg CO2e from Scope 1, 712,000 kg CO2e from Scope 2, and about 9,993,000 kg CO2e from Scope 3. This represents a significant increase in emissions compared to previous years, particularly in Scope 3 emissions, which have risen from approximately 7,961,000 kg CO2e in 2022 and 4,927,000 kg CO2e in 2021. In 2022, the company recorded total emissions of about 8,000,000 kg CO2e, with Scope 1 emissions at 712,000 kg CO2e and Scope 2 emissions at 1,898,000 kg CO2e. The trend indicates a growing operational footprint, particularly in Scope 3 emissions, which encompass indirect emissions from the supply chain and product use. Lion Electric has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, the company is actively engaged in the electric vehicle industry, which inherently supports lower emissions through the promotion of sustainable transport solutions. The GHG intensity per vehicle produced has shown a decreasing trend, with figures of 3,000 kg CO2e in 2023, 3,600 kg CO2e in 2022, and 4,000 kg CO2e in 2021, indicating improvements in production efficiency. Overall, while Lion Electric's emissions have increased, the company remains committed to the electric vehicle sector, which is crucial for reducing overall transportation emissions. Further clarity on specific climate commitments and reduction strategies would enhance understanding of their long-term sustainability goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,140,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 498,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 2,224,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lion Electric is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
