The Lion Electric Company announced it intends to combine with Northern Genesis Acquisition Corp. Upon closing of the transaction, Marc Bedardwill continue as CEO - Founder of the combined company, overseeing the Company's strategic growth initiatives and expansion. He is joined by Lion's existing executive team which includes Nicolas Brunet, EVP & CFO and Yannick Poulin, COO.

The combined company will have a board of directors consisting of nine directors, including Marc Bedard, CEO - Founder, Pierre Larochelle (from Power Sustainable) as Chairman, and five other existing Lion Board members, as well as Ian Robertson and Chris Jarratt, who will join the board effective as of closing.