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WeTheMarket

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WeTheMarket

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Sunday, 01/29/2023 1:14:07 PM

Sunday, January 29, 2023 1:14:07 PM

Post# of 447
Lion Electric Completes First Lithium-Ion Battery Pack Production in Mirabel Facility
BY DAVID SMITH January 29, 2023
https://evmagz.com/lion-electric-completes-first-lithium-ion-battery-pack-production-in-mirabel-facility/

Key quote:

"As the battery is the most expensive component in an electric vehicle, this new manufacturing capability will greatly impact Lion’s development of electric vehicle platforms and bring economic benefits.

At full capacity, the battery facility will have a yearly production capability of 5 GWh of battery capacity. This announcement comes on the heels of the start of production at Lion’s vehicle facility in Joliet, Illinois."
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