Lion Electric brings the prospect of 1,400 jobs and the first new vehicle assembly plant to Chicagoland since 1965. It offers hope that Illinois can put people to work attacking its most significant source of greenhouse gas pollution: tailpipe emissions.
Bedard differs from many corporate executives in other ways.
Gullquist said he was the first worker in Joliet to use a spray gun to apply a rust-fighting coating to the bottom of the bus and enjoyed the challenges of hitting all the nooks and crannies.Keith Gullquist, of Braidwood, works on a LionC electric school bus at the Lion Electric plant on May 24, 2023.
As Bedard readily admits, the main cloud on this horizon is that electric truck sales are lagging years behind the company’s expectations.it may buy as many as 2,500 trucks from Lion Electric by the end of 2025. So far, Bedard says, Amazon has purchased just 10.Amazon has a similar but much larger agreement to purchase up to 100,000 trucks from Rivian. But the retailer
Lion Electric doesn’t provide formal earnings guidance to investors. When asked on an investor call when the company will break even, Bedard would say only that earnings will improve with higher volumes. “This is where the market is going, even if some parties might think differently on a short-term basis,” Bedard said. “It’s a green thing, you know, where you can make money.”For Pritzker, a big chance to lure more of this “green thing” to Illinois will come in September.The union’s recently elected president, Shawn Fain,[ “It’s unacceptable,” Fain told reporters. “I’ve been very clear with the corporation that we expect things there to change.
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