Musaffa Logo

Our certifications

Independent proof that every stock and portfolio meets halal standards.

How we screen every stock
METHODOLOGY

How we screen every stock

Our 5-step halal methodology, in 90 seconds.

LEVGQ Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 07, 2025

Report Source: 2024 3rd Quarter Report

Lion Electric Co

Lion Electric Co. Stock Analysis LEVGQ

United States Industrials Nano Cap Report:
The Lion Electric Co. manufactures zero-emission vehicles, which creates, designs, and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for the school, paratransit, and mass transit markets. The company is headquartered in Saint-Jerome, Quebec and currently employs 1,350 full-time employees. The company went IPO on 2021-05-07. The firm provides comprehensive support from fleet electrification to infrastructure installation. Each Lion vehicle is purpose-built for electric and entirely designed and assembled in-house, with its own chassis, truck cabin or bus body, proprietary battery technology with modular energy capacity and Lion software integration. Its medium and heavy-duty electric vehicles (EVs) are specifically designed to address the needs of the sub-250-mile mid-range urban market. Its line-up of purpose-built all-electric trucks is divided into three main platforms based on gross vehicle weight rating (GVWR), namely the Lion5, the Lion6, and the Lion8 (used for the Lion8 (straight) and the Lion 8 Tractor truck. The firm complements its product offering with various services, including sales support, full-service training, charging infrastructure assistance and maintenance support.
Read More

Lion Electric Co (LEVGQ) Chart

Key Statistics of Lion Electric Co (LEVGQ)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.01$0.03

Today's Open

$0.01

Volume

22.04K

P/E Ratio (TTM)

-

52 Week Range

$0$0.13

Market Cap

4.52M

Avg. Volume

182.75K

Dividend Yield

-

Financial Metrics & Statements of Lion Electric Co (LEVGQ)

FAQ's for Lion Electric Co (LEVGQ)

  • According to Musaffa’s Shariah screening methodology, Lion Electric Co (LEVGQ) is currently classified as NOT HALAL as of April 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Lion Electric Co using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Lion Electric Co if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of Lion Electric Co by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of Lion Electric Co may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of Lion Electric Co on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Disclaimer

The content provided on this website is intended solely for informational and educational purposes. Musaffa is a technology, data, education, and research company. We are not licensed financial service provider by the authorized relevant financial service regulator in India or any other regulatory government body, and we do not offer or facilitate any trading, brokerage, investment, or financial advisory services. We do not deliberately target an audience seeking financial services.

By accessing this website, you acknowledge and confirm that you are seeking information relating to Musaffa of your own accord, and that there has been no form of solicitation, advertisement, or inducement by Musaffa or its members. Musaffa shall not be liable for the consequences of any action taken by relying on the material or information provided on this website. The contents of this website are the intellectual property of Musaffa.