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.
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.
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.
Lion Electric's score of 35 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 (Scope 1), 712,000 kg CO2e (Scope 2), and 9,993,000 kg CO2e (Scope 3). This represents a significant increase in emissions compared to 2022, where total emissions were about 8,000,000 kg CO2e, with Scope 1 at 712,000 kg CO2e, Scope 2 at 1,898,000 kg CO2e, and Scope 3 at 7,961,000 kg CO2e. Looking back further, in 2021, Lion Electric's emissions were approximately 7,000,000 kg CO2e, with Scope 1 at 1,898,000 kg CO2e, Scope 2 at 3,140,000 kg CO2e, and Scope 3 at 4,927,000 kg CO2e. In 2020, the company reported about 2,600,000 kg CO2e in total emissions, with Scope 1 at 3,140,000 kg CO2e, Scope 2 at 498,000 kg CO2e, and Scope 3 at 2,224,000 kg CO2e. Despite the increase in emissions, Lion Electric has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company continues to focus on reducing greenhouse gas (GHG) intensity per vehicle produced, with reported figures of 3,000 kg CO2e per vehicle in 2023, down from 3,600 kg CO2e in 2022 and 4,000 kg CO2e in 2021. Lion Electric's headquarters is located in Canada, and they are committed to addressing climate change through their operations, although specific reduction strategies or pledges have not been outlined.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.