MONTREAL, June 7, 2021 /CNW Telbec/ - The Lion Electric
Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading
manufacturer of all-electric medium and heavy-duty urban vehicles,
today announced that it has named Francois
Beaulieu as Chief Information Officer (CIO), effective
today, June 7, 2021. In his new role,
Mr. Beaulieu will guide Lion's evolving digital initiatives and
will be tasked with optimizing the company's investments in the
information technologies that underpin its organizational
processes.
"I am happy to welcome Francois to Lion at a very exciting phase
in the growth of our company," said Marc
Bedard, CEO and Founder of Lion Electric. "As Lion continues
to expand in all directions – including everything from our product
portfolio to vehicle and battery manufacturing, not to mention our
employee base – having a unified approach for our information
systems under the guidance of an experienced leader like Francois
is key."
Mr. Beaulieu brings with him over three decades of experience
leading information system design in a variety of industries in
both Canada and Europe, including banking, insurance and
telecommunications, where he served as CIO at Cogeco, one of
Canada's top providers in the
segment. Since 2011, Mr. Beaulieu has worked in a variety of
consulting capacities, managing major digital infrastructure
transitions and optimizing back-office platforms for clients such
as National Bank, WSP and Air Canada, among others. Most recently
he served as a strategic technology advisor for Efico's CIO on
Demand service, which helps organizations of various sizes achieve
their digital transformation goals by providing I.T.
expertise.
About Lion Electric
Lion Electric is an innovative manufacturer
of zero-emission vehicles. The company creates, designs
and manufactures all-electric class 5 to class 8 commercial
urban trucks and all-electric buses and minibuses for the school,
paratransit and mass transit segments. Lion is a North
American leader in electric transportation and designs, builds
and assembles many of its vehicles' components, including chassis,
battery packs, truck cabins and bus bodies.
Always actively seeking new and reliable technologies, Lion
vehicles have unique features that are specifically adapted to its
users and their everyday needs. Lion believes that transitioning to
all-electric vehicles will lead to major improvements in our
society, environment and overall quality of life. Lion shares are
traded on the New York Stock Exchange and the Toronto Stock
Exchange under the symbol LEV.
Lion Electric, The Bright Move
Thelionelectric.com
Forward-Looking Statements
All statements other than statements of historical facts
contained in this press release constitute "forward-looking
statements" (which shall include forward-looking information within
the meaning of Canadian securities laws) within the meaning of
Section 27A of the Securities Act, including statements relating to
the planned construction and the commencement of operations of
Lion's manufacturing facility and its projected production
capacity. Forward-looking statements may generally be identified by
the use of words such as "believe," "may," "will," "continue,"
"anticipate," "intend," "expect," "should," "would," "could,"
"plan," "potential," "future," "target" or other similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters, although not all
forward-looking statements contain such identifying words. These
statements are based on various assumptions, whether or not
identified in this press release, and on the current expectations
of Lion's management and are not predictions of actual performance.
These forward-looking statements are provided for the purpose of
assisting readers in understanding certain key elements of Lion's
current objectives, goals, targets, strategic priorities,
expectations and plans, and in obtaining a better understanding of
Lion's business and anticipated operating environment. Readers are
cautioned that such information may not be appropriate for other
purposes and is not intended to serve as, and must not be relied
on, by any investor as a guarantee, an assurance, a prediction or a
definitive statement of fact or probability.
Forward-looking statements involve inherent risks and
uncertainties, most of which are difficult to predict and many of
which are beyond the control of Lion, and are based on a number of
assumptions, as well as other factors that Lion believes are
appropriate and reasonable in the circumstances, but there can be
no assurance that such estimates and assumptions will prove to be
correct or that Lion's vision, business, objectives, plans and
strategies will be achieved. Many risks and uncertainties could
cause Lion's actual results, performance or achievements or future
events or developments to differ materially from those expressed or
implied by the forward-looking statements.
In addition, forward-looking statements reflect Lion's
expectations, plans or forecasts of future events and views as of
the date of this press release. Lion anticipates that subsequent
events and developments will cause Lion's assessments to change.
However, while Lion may elect to update these forward-looking
statements at some point in the future, Lion has no intention and
undertakes no obligation to do so, except as required by applicable
law. These forward-looking statements should not be relied upon as
representing Lion's assessments as of any date subsequent to the
date of this press release. Lion's forward-looking statements are
expressly qualified in their entirety by this cautionary statement.
The complete version of the cautionary note regarding
forward-looking statements as well as a description of the relevant
assumptions and risk factors likely to affect Lion's actual
results, performance or achievements or future events or
developments to differ materially from those expressed or implied
by the forward-looking statements are included in the registration
statement on Form F-4 filed by Lion under its profile on EDGAR
at www.sec.gov.
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SOURCE Lion Electric