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 46 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Lion Electric reported total carbon emissions of approximately 4,743,000,000 kg CO2e, with emissions distributed across all three scopes: 73,000,000 kg CO2e for Scope 1, 54,000,000 kg CO2e for Scope 2, and 4,673,000,000 kg CO2e for Scope 3. This marks a slight increase in Scope 1 emissions from 63,000,000 kg CO2e in 2023, while Scope 2 emissions remained stable at 54,000,000 kg CO2e. However, Scope 3 emissions also saw a minor increase from 4,774,000,000 kg CO2e in 2023. Over the past few years, Lion Electric has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported total emissions of about 5,120,000,000 kg CO2e, indicating a gradual reduction in emissions over time. Notably, in 2021, emissions were significantly lower at approximately 4,900,000 kg CO2e, showcasing the company's efforts to improve its sustainability practices. Despite these reductions, Lion Electric has not publicly set specific reduction targets or initiatives through frameworks such as the Science Based Targets initiative (SBTi). The company is actively engaged in climate-related reporting, as evidenced by its participation in the CDP, but lacks formalised reduction commitments at this time. Overall, Lion Electric's emissions data reflects its ongoing journey towards sustainability, with a focus on reducing its environmental impact while navigating the complexities of its operational emissions.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 3,140,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 498,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 2,224,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.