Lion Electric Partners With Dominion Energy, Bringing Vehicle-to-Grid Tech to Virginia's Electric School Buses
Portfolio Pulse from Benzinga Newsdesk
Lion Electric has partnered with Dominion Energy to integrate vehicle-to-grid technology into Virginia's electric school buses. This collaboration allows Lion's electric buses to be part of Dominion's Electric School Bus Infrastructure program, enhancing energy storage and grid support.
September 05, 2024 | 10:52 am
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POSITIVE IMPACT
Lion Electric's partnership with Dominion Energy allows its electric school buses to be part of a program that supports grid infrastructure in Virginia. This could enhance Lion's market presence and technological capabilities.
The partnership with Dominion Energy positions Lion Electric favorably in the electric vehicle market by integrating its buses into a significant infrastructure program. This could lead to increased demand and adoption of Lion's buses, positively impacting its stock price.
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IMPORTANCE 80
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