The Lion Electric Company

$49,950,000.00 CAD

≈ $1.21 for every person in Canada ≈ 646 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
SIF Stream3- Attraction
Recipient country
Canada
Fiscal year
2021-2022
Agreement period
August 19, 2021 – April 30, 2041
Reference
ic:033-2021-2022-Q2-815991

Published purpose

This project will support the establishment of a new electric vehicle battery assembly plant and Centre of Expertise in Mirabel, Quebec to design and configure electric vehicle batteries for use in company plants.

In plain English AI-generated

Funding supports the establishment of an electric vehicle battery assembly plant and Centre of Expertise in Mirabel, Quebec, to design and configure batteries for use in company plants.

Category: Climate Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions