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The Lion Electric Co.(LEV-N)
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Québec Government, Investissement Québec, Fonds de solidarité FTQ and Fondaction Invest US$74 Million in Lion Electric

Newswire.ca - Thu Jul 20, 5:30AM CDT

The investment will strengthen the company's financial position and support its growth strategy

MONTRÉAL, July 20, 2023 /CNW/ - The Government of Québec, Investissement Québec, Fonds de solidarité FTQ and Fondaction are proud to announce an investment of approximately US$74 million in Québec flagship company Lion Electric Company (NYSE: LEV) (TSX: LEV). The proceeds from this investment will be used to strengthen the company's financial position and allow it to pursue its growth strategy. This investment is being made in conjunction with an investment of C$90M from a group of subscribers led by Mach Group and the Mirella & Lino Saputo Foundation.

Read more at newswire.ca

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