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  "documentTitle": "Lion Electric | Investor Presentation Deck | 32 slides",
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  "authorName": "Lion Electric",
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  "presentationDate": "2023-08-01 00:00:00",
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  "notes": "Includes facility photos, strategic benefits of vertical integration, and financial updates on capex.",
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      "text": "1) The cadence of the Company's investments... 2) Capex figures include R&D / addition to intangible assets",
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      "text": "RATIONALE: Projected Cost Savings Through Further Vertical Integration; Increasing Supply Alternatives; Flexibility to Adapt to Emerging Battery Technologies; Control Over Battery Design to Optimize Specifications",
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      "text": "PROJECT COST UPDATE: Incurred ~$12M in Q2 2023; Total capex incurred to date of ~$106M; Expected capex of ~$17M for the remainder of 2023",
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      "text": "Lion Campus consists of a highly-automated battery plant and an Innovation Center, located in Mirabel, near existing manufacturing footprint. Estimated maximum annual capacity of battery plant to amount to 5GWh at full scale. Certification process for Lion battery packs progressing. Continued to ramp-up the production of Lion battery packs. Continued activities to integrate Lion battery pack technology into vehicles. Expect to have equipment in place for production capacity of 1.7 GWh on an annual basis by year-end 2023.",
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