Lion Electric Co. receives conditional order for 1,000 electric school buses

A Lion electric bus is seen in Montreal on Monday, March 15, 2021. Paul Chiasson/The Canadian Press

The Lion Electric Co. says it has received a conditional order for 1,000 electric school buses from Student Transportation of Canada, whose parent company is controlled by Quebec’s pension fund manager.

The order, whose value hasn’t been specified, is conditional on receiving “satisfactory” non-repayable grants from Infrastructure Canada’s Zero Emission Public Transit Fund.

Read more: Quebec unveils detailed plan to electrify most school buses by 2030

Ottawa has announced plans to provide $2.75 billion over the next five years to support the electrification of public transit and school transportation.

Deliveries would begin in 2022 and continue until the first half of 2026.

Read more: Quebec, Ottawa to inject $100M to build Montreal-area electric vehicle battery plant

Story continues below advertisement

The electric buses would replace diesel vehicles within STC’s fleet of more than 16,000 vehicles and allow it to become North America’s largest zero-emission school bus operator.

Quebec-based Lion says the 1,000 electric buses would eliminate up to 23,000 tonnes of greenhouse gases per year and help the Caisse de dépôt et placement du Québec to meet the decarbonization goals for its portfolio.

Read more: Two Quebec companies unveil all electric ambulance with eye to global market

Sponsored content