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.
-8 vs industry average
Lion Electric’s score of 18 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Furniture Manufacturing has typical carbon intensity
Industry performance
The Furniture Manufacturing industry has reduced its overall emissions by 35% since 2019
Emissions trajectory 2020 – 2023
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lion Electric's reported carbon emissions
Lion Electric, headquartered in CA, reported a total of 3,140,000 kg CO2e for the year 2023. While specific breakdowns for Scope 1, 2, and 3 emissions for this year are not detailed, the company has previously disclosed Scope 1 and 2 emissions. For 2022, Lion Electric reported Scope 1 emissions totalling approximately 1,190,000 kg CO2e, comprising about 266,000 kg CO2e from mobile combustion and about 924,000 kg CO2e from stationary combustion. Scope 2 emissions for 2022 were approximately 708,000 kg CO2e, attributed to purchased electricity. The combined Scope 1 and 2 emissions for 2022 amounted to approximately 1,898,000 kg CO2e. In 2021, Scope 1 emissions were about 632,000 kg CO2e (about 63,000 kg CO2e from mobile combustion and about 570,000 kg CO2e from stationary combustion), with Scope 2 emissions from purchased electricity at approximately 79,000 kg CO2e. This resulted in a combined Scope 1 and 2 total of about 712,000 kg CO2e for 2021. For 2020, Scope 1 emissions were approximately 480,000 kg CO2e (about 63,000 kg CO2e from mobile combustion and about 417,000 kg CO2e from stationary combustion), and Scope 2 emissions from purchased electricity were about 18,000 kg CO2e, leading to a total of approximately 498,000 kg CO2e for Scope 1 and 2 combined. Lion Electric has not disclosed specific reduction targets or commitments. However, the company's ESG reports indicate efforts to track and report emissions, with data available for Scope 1 and 2 for several years.
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Lion Electric’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Lion Electric yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Lion Electric
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