6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May, 2022

Commission File No. 001-40387

THE LION ELECTRIC COMPANY

(Translation of registrant’s name into English)

921 chemin de la Rivière-du-Nord

Saint-Jérôme (Québec) J7Y 5G2

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

EXHIBIT INDEX

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Document

LION ELECTRIC ANNOUNCES RESULTS OF ANNUAL SHAREHOLDERS MEETING

MONTREAL, QUEBEC - May 6, 2022 – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today held its annual meeting of shareholders (the “Meeting”) as a completely virtual meeting. A total of 109,982,408 common shares (representing approximately 58% of all issued and outstanding common shares of the Company) were represented online or by proxy at the Meeting. Lion hereby announces that shareholders of the Company (the “Shareholders”) voted in favour of all items of business put forth at the Meeting by the Company. The complete voting results for each item of business at the Meeting are presented below.

ELECTION OF DIRECTORS

The Board of Directors of the Company had fixed at eight the number of directors (the “Directors”) to be elected at the Meeting. Each of the eight nominees listed in the Company’s Management Information Circular dated March 29, 2022 was elected as a Director of Lion until the close of the next annual meeting of Shareholders of the Company or until their successors are appointed. With the exception of Ann Payne, all of the nominees were members of the Board of Directors prior to the Meeting. Ms. Payne currently serves as a member of the board of directors of a publicly-listed company and she holds leadership roles on several non-profit boards.

“I would like to take this opportunity to officially welcome Ann Payne to our Board of Directors,” stated Pierre Larochelle, Chairman of the Board of Directors. “Her wealth of financial and public company experience will prove invaluable to the Company as we continue to grow.”

APPOINTMENT OF INDEPENDENT AUDITORS

Raymond Chabot Grant Thornton LLP, Chartered Professional Accountants, were appointed as independent auditors of Lion until the close of the next annual meeting of Shareholders, and the Directors were authorized to fix the remuneration of the auditors.

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The foregoing voting results will be published on the Company’ website at ir.thelionelectric.com, on SEDAR at www.sedar.com and EDGAR at www.sec.gov.

ABOUT LION ELECTRIC

Lion Electric is an innovative manufacturer of zero-emission vehicles. The company 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 segments. Lion is a North American leader in electric transportation and designs, builds and assembles many of its vehicles’ components, including chassis, battery packs, truck cabins and bus bodies.

Always actively seeking new and reliable technologies, Lion vehicles have unique features that are specifically adapted to its users and their everyday needs. Lion believes that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life. Lion shares are traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol LEV.

CONTACTS:

Isabelle Adjahi

Vice President, Investor Relations and Sustainable Development

Isabelle.Adjahi@thelionelectric.com

450-432-5466, extension 171

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finalscrutineersreporton

THE LION ELECTRIC COMPANY ANNUAL MEETING OF SHAREHOLDERS MAY 6, 2022 Dated this 6th day of May, 2022 TSX Trust Company __________________________ Francine Beauséjour Scrutineer __________________________ Mathias Jalali Scrutineer 1. Scrutineers' Report on result of vote by ballot on the Election of Directors The undersigned Scrutineers hereby report that the shareholders present in person or represented by proxy at this Meeting voted on the Election of Directors as follows: Nominees For % For Withhold % Withhold 1. Sheila C. Bair 102,436,005 99.18% 844,545 0.82% 2. Marc Bédard 103,024,124 99.75% 256,426 0.25% 3. Pierre Larochelle 102,915,870 99.65% 364,680 0.35% 4. Ann L. Payne 103,110,564 99.84% 169,986 0.16% 5. Pierre-Olivier Perras 101,865,091 98.63% 1,415,459 1.37% 6. Michel Ringuet 103,051,838 99.78% 228,712 0.22% 7. Lorenzo Roccia 103,043,993 99.77% 236,557 0.23% 8. Pierre Wilkie 102,797,714 99.53% 482,836 0.47%

THE LION ELECTRIC COMPANY ANNUAL MEETING OF SHAREHOLDERS MAY 6, 2022 Dated this 6th day of May, 2022 TSX Trust Company __________________________ Francine Beauséjour Scrutineer __________________________ Mathias Jalali Scrutineer 2. Scrutineers' Report on result of vote by ballot on the Appointment of Raymond Chabot Grant Thornton LLP as Auditors of the Corporation The undersigned Scrutineers hereby report that on the poll taken on the above-mentioned motion, the shareholders present in person or represented by proxy at this Meeting voted as follows: Total Votes Percentage of Votes Cast Votes For 109,744,007 99.78% Votes Withheld 238,401 0.22% Total Votes Cast 109,982,408 100.00%