Lion Electric Selects Dana as Preferred Supplier for its All-Electric Class 8 Vehicle

ATLANTA, March 18, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced that it has been chosen as a preferred supplier to the Lion Electric Company for traditional and electrified componentry on its all-electric urban Class 8 vehicle, the Lion8.  The truck features Dana's TM4^® direct drive system and traditional Spicer^® driveline components and is immediately available for ordering.  

Founded in 2008, Lion Electric develops and manufactures all-electric architectures for Class 5-8 trucks; full-size school buses; and midi- and mini-buses for paratransit, school, public transit, and public transportation.  The company launched its first electric bus in 2016 and has since deployed more than 200 zero-emission school buses in North America, with more than two million road-proven miles.

"Dana's collaboration with Lion Electric further solidifies our strategic initiatives as the leader in e-Propulsion.  The Lion8 moves beyond simply testing these advanced technologies with the ability to order clean, electric-powered vehicles today," said Mark Wallace, president of Dana Commercial Vehicle Driveline Technologies.  "Lion Electric has a talented and dynamic team and we look forward to expanding our efforts in providing fully integrated, high-efficiency solutions."

The Lion8 will include the TM4 SUMO™ HD direct-drive motor, BCI20 charger and inverter, and the Neuro vehicle controller.  Also supplied by Dana will be Spicer^® DS404 drive axles, and SPL^® 250 driveshafts.

"We are pleased to be partnering with Dana to bring innovative zero-emission solutions to the commercial-vehicle market," said Yannick Poulin, COO for Lion Electric.  "Dana's unmatched proficiency in proven e-propulsion systems will be a strong addition to the development of our all-electric truck platform."

See the new Lion8 vehicle featuring Spicer Electrified™ components in the Lion Electric booth, 3631, at the TMC Annual Meeting this week.  Dana will present a comprehensive lineup of Spicer Electrified™ systems, traditional driveline technologies, and other solutions for commercial vehicles in TMC booth 2801.

About The Lion Electric Company
Lion Electric Co. is an innovative manufacturer of zero emission vehicles. Lion Electric Co.'s vehicle offering includes; the LionC school bus; an all-electric minibus which can serve in the paratransit, school, public-transit or multi-use transportation sectors; and urban heavy duty all-electric trucks (launch 2019).  Since its foundation in 2008, Lion's mission has been to develop durable, integrated solutions while reducing its environmental footprint.

Always actively seeking new technologies, Lion vehicles have unique features that are specifically adapted to its users and their everyday needs. The company believes that transitioning to all-electric vehicles will lead to major improvements in our community, environment and overall quality of life. 

About Dana Incorporated   
Dana is a world leader in highly engineered solutions for improving the efficiency, performance, and sustainability of powered vehicles and machinery.  Dana supports the passenger vehicle, commercial truck, and off-highway markets, as well as industrial and stationary equipment applications.  Founded in 1904, Dana employs more than 36,000 people in 33 countries on six continents who are committed to delivering long-term value to customers.  The company reported sales of $8.1 billion in 2018.  Based in Maumee, Ohio, USA, it is a people-centric organization and has been named a top employer of choice around the world, including significant honors in Asia, India, Italy, Mexico, and the United States.  For more information, please visit www.dana.com.

SOURCE Dana Incorporated