The manufacturer The Lion Electric Company suffered a net loss of 11.8 million in the second quarter of the current financial year while a year ago it had made a net profit of 37.5 million.

The Quebec company also reports having received a record income from ordinary activities for a quarter, of 58 million, compared to 29.5 million for the second quarter of 2022.

The Lion Electric Company, which manufactures all-electric medium and heavy-duty urban vehicles, adds that there were 199 vehicles delivered in the second quarter of this year, compared to 105 vehicles delivered during the same period last year. last.

Company quoted in this dispatch: The Lion Electric Company (TSX: LEV)