Lightning eMotors to Host Nearly 100 Attendees at its Headquarters for ‘Lightning Day’

Lightning eMotors Hosts Nearly 100 Attendees at its Headquarters for ‘Lightning Day’

Factory tour, vehicle test drives to be offered to fleet customers and prospects

LOVELAND, Colo., June 17, 2021 – Lightning eMotors, a leading provider of specialty commercial electric vehicles for fleets, today is hosting a “Lightning Day” Open House at its headquarters in Loveland, Colorado.

Nearly 100 current and potential customers as well as government officials are expected to attend. Guests will have a chance to tour the manufacturing floor, vehicle and powertrain assembly areas, and test drive Lightning eMotors’ lineup of commercial electric vehicles.

Zero-emission vehicles for viewing and/or driving include:

  • Lightning Electric Class 3 Passenger Van
  • Lightning Electric Class 4 Shuttle Bus
  • Lightning Electric Class 5 Shuttle Bus
  • Lightning Electric Class 6 Delivery Truck

“The open house includes a tour of our nearly 250,000-square-foot factory, an opportunity to drive our industry-leading zero-emission medium-duty commercial vehicles and network with our Lightning team,” said Kash Sethi, chief revenue officer of Lightning eMotors. “If you haven’t yet driven our zero-emission buses, trucks or specialty vehicles, this is your chance to experience the benefits of going electric. Our vehicles are powerful, quiet, efficient and cost effective. Learn why fleets all over North America are working with us to electrify their fleets.”

About Lightning eMotors

Lightning eMotors has been providing specialized and sustainable fleet solutions since 2009, deploying complete zero-emission-vehicle (ZEV) solutions for commercial fleets since 2018 – including Class 3 cargo and passenger vans, Class 4 and 5 cargo vans and shuttle buses, Class 6 work trucks, school buses, Class 7 city buses, and Class A motor coaches. The Lightning eMotors’ team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs including school buses and ambulances, with a full suite of control software, telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency. Lightning eMotors also offers charging technologies and “Charging as a Service” (CaaS) to commercial and government fleets via its Lightning Energy division. To learn more, visit https://lightningemotors.com.

Lightning Electric vehicle family
Lightning Day is an opportunity for people to take electric vehicles like these for a test drive

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Such forward-looking statements include, but are not limited to, statements regarding the financial statements of Lightning eMotors, its product and customer developments, its expectations, hopes, beliefs, intentions, plans, prospects or strategies regarding the future revenues and expenses and the business plans of Lightning eMotor’s management team. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on certain assumptions and analyses made by the management of Lightning eMotors in light of their respective experience and perception of historical trends, current conditions and expected future developments and their potential effects on Lightning eMotors as well as other factors they believe are appropriate in the circumstances. There can be no assurance that future developments affecting Lightning eMotors will be those anticipated. These forward-looking statements contained in this press release are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and other factors include, but are not limited to: (i) those related to our operations and business and financial performance; (ii) our ability to attract and retain customers; (iii) our ability to up-sell and cross-sell to customers; (iv) the success of our customers’ development programs which will drive future revenues; (v) our ability to execute on our business strategy; (vi) our ability to compete effectively; (vii) our ability to manage growth; (viii) the ability of the Company to maintain the New York Stock Exchange’s listing standards, (ix) the potential severity, magnitude and duration of the COVID-19 pandemic as it affects our business operations, global supply chains, financial results and position and on the U.S. and global economy; (x) current market conditions and federal, state, and local laws, regulations and government incentives, particularly those related to the commercial electric vehicle market; (xi) the volatility in the price of our securities due to a variety of factors, including changes in the competitive industries in which the Company operates, variations in operating performance across competitors, changes in laws and regulations affecting the Company’s business and changes in the capital structure; (xii) planned and potential business or asset acquisitions or combinations; (xiii) the size and growth of the markets in which we operate; (xiv) the mix of products utilized by the Company’s customers and such customers’ needs for these products; (xv) market acceptance of new product offerings; and (xvi) our funding and liquidity plans. Moreover, we operate in a competitive and rapidly changing environment, and new risks may emerge from time to time. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Should one or more of these risks or uncertainties materialize, or should any of the assumptions being made prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.