Canadian electric vehicle company Lion Electric on Friday said it had selected Illinois as the location for its new U.S. manufacturing plant,
promising to invest at least $70 million and create about 750 jobs over the next three years.
Lion, known for its electric yellow school buses, said it will build the 900,000 square foot facility in Joliet near Chicago to produce 20,000 electric buses and medium and heavy-duty trucks per year.
The company said it expected the facility to come online in the second half of 2022.
Lion Chief Executive Marc Bedard said in an interview that while the Illinois factory would focus on vehicle manufacturing initially,
the company might later add battery production. Lion is building a battery production facility in Canada.