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Stock impact report

Lion Electric Struggles To Make EV Buses Profitable [Seeking Alpha]

Blue Bird Corporation (BLBD) 
Last blue bird corporation earnings: 2/12 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.perseonmedical.com
Company Research Source: Seeking Alpha
The company has a large addressable market in the US for school buses and medium and heavy-duty trucks. Despite its financial challenges, Lion Electric has the backing of patient investors and could become a takeover target for larger companies. Summary · Lion Electric provides multiple all-electric vehicles to school bus and truck fleet owners in the United States and Canada · The total addressable U.S. market for school buses and medium and heavy-duty trucks is $110 billion annually combined · Lion Electric is growing rapidly but continues to be highly unprofitable and is burning through its cash · The company has the backing of some very patient investors. · If Lion Electric continues to struggle financially, it could become a desirable takeover target for a larger company such as Blue Bird Corp. Lion Electric NYSE: LEV ) manufacturers purpose-built all-electric heavy-duty trucks and school buses. The company has two assembly plants in St-Jerome, Quebec, and Joliet Show less Read more
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