CN Adds Up to 50 Intermodal Trucks to its
Order
MONTREAL, Aug. 31, 2020 /CNW Telbec/ - CN (TSX: CNR)
(NYSE: CNI) and The Lion Electric Co. announced today that they
have signed a Memorandum of Understanding for CN to acquire 50
zero-emission trucks by CN as part of its fleet of trucks for
intermodal use. The trucks will be used in CN's intermodal
terminals in urban areas to reduce greenhouse gas emissions.
In April of 2019, CN launched a pilot program to test the use of
custom-built electric trucks engineered by Quebec-based The Lion Electric Co. These
zero-emission trucks, slated for intermodal use, will be tested in
a variety of situations and environments across the CN network,
from urban delivery, container shuttle service, to port operations.
The Lion trucks do not produce any noise pollution and will remove
100 tons of greenhouse gas emissions from the road annually.
"By focusing on electric vehicles, CN and Lion are playing a
leadership role in the transition to the economy of the future.
This will help fight climate change and creates good jobs here.
It's exactly the kind of investment needed for a greener, more
innovative economic recovery."
- The Honourable Pablo
Rodriguez, Leader of the Government in the House of Commons
"The Quebec government believes
in a sustainable economic recovery. I am pleased that The Lion
Electric Company and CN are able to work together to contribute to
the electrification of transportation, which is a very effective
way to reduce greenhouse gas emissions in Quebec. We can be proud of these two companies
that want to do business and showcase our know-how while fighting
climate change."
- Benoit Charrette, Minister of the Environment
and the Fight Against Climate Change
"CN is showing leadership by acquiring 50 all-electric Lion
trucks. This order, the largest for Lion Electric Co. yet, is a
sign of confidence in our company and that now is the time for the
electrification of heavy transportation. Aside from being
zero-emission, I believe the Lion electric trucks will be an
invaluable addition to CN's operations. I hope this deal inspires
everyone who is looking for an economical, sustainable and
environmental transportation solution to switch to electric
vehicles."
- Marc Bédard, President and
Founder of The Lion Electric Co.
"CN has been headquartered in Montreal for more than 100 years and our
company employs several thousand people in Quebec, so we are very pleased to support
innovation in Quebec. This
agreement is also part of our commitment to encourage economic
recovery and reduce the carbon footprint of the global supply
chain. The regulatory regime put in place by the federal government
ensures an environment conducive to such investments. »
- Jean-Jacques Ruest, President and Chief
Executive Officer, CN
About CN
CN is a world-class transportation leader
and trade-enabler. Essential to the economy, to the customers, and
to the communities it serves, CN safely transports more than 300
million tons of natural resources, manufactured products, and
finished goods throughout North
America every year. As the only railroad connecting
Canada's Eastern and Western
coasts with the Southern tip of the U.S. through a 19,500-mile rail
network, CN and its affiliates have been contributing to community
prosperity and sustainable trade since 1919. CN is committed to
programs supporting social responsibility and environmental
stewardship.
About The Lion Electric Co.
The Lion Electric Co. is
an innovative manufacturer of zero-emission vehicles. We create,
design, and manufacture all-electric class 5 to class 8 commercial
urban trucks and all-electric buses and minibuses for the school,
paratransit, and mass transit markets. Lion is a North American
leader in electric OEM and designs, builds, and assembles all its
vehicles' main components: chassis, battery sets, truck cabins and
bus bodies.
Always actively seeking new reliable technologies, Lion vehicles
have unique features that are specifically adapted to its users and
their everyday needs. We believe that transitioning to all-electric
vehicles will lead to major improvements in our society,
environment, and overall quality of life.
SOURCE The Lion Electric Co.
