Lion Electric Company Delivery Of 852 Vehicles, An Increase Of 333 Vehicles, As Compared To The 519 Delivered In Fiscal 2022
Portfolio Pulse from Benzinga Newsdesk
Lion Electric Company (LEV) reported a significant increase in vehicle deliveries, totaling 852 vehicles for the current period, up by 333 vehicles from the 519 delivered in fiscal 2022.
February 29, 2024 | 12:06 pm
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Lion Electric Company reported a substantial increase in vehicle deliveries, with 852 vehicles delivered, up by 333 from the previous fiscal year.
The significant increase in vehicle deliveries reported by Lion Electric Company indicates strong demand for its electric vehicles and operational efficiency improvements. This positive development is likely to be viewed favorably by investors, potentially leading to a short-term increase in LEV's stock price. The substantial growth in deliveries showcases the company's expanding market presence and could signal future revenue growth, making this news highly relevant and important for investors.
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