Lightning eMotors, a leading provider of commercial electric vehicles for fleets, is expanding its operations complex in Loveland, Colorado.
Three and a half years ago, Lightning eMotors moved its headquarters, manufacturing, and research and development into the nearly one-million-square-foot campus that was formerly used by Hewlett-Packard/Agilent in southwest Loveland.
Early last year, the company took over the entire building on the campus located at Southwest 14th Street and Taft Avenue, expanding its square footage from 45,000 to 124,000. Now company officials plan to add another 107,000 square feet in an adjacent building, for a total of 231,000 square feet of space for its operations.
“The new space will initially be used for our development efforts around advanced motorcoach electrification and fuel cell electric vehicles of all classes,” said Tim Reeser, CEO of Lightning eMotors. “The second phase will support additional production capacity, important for ensuring we can support our 3,000 vehicle production plans for 2022.”
Lightning has the first right of acceptance on more than 500,000 square feet of additional manufacturing space if it determines customer demand requires the additional space.
“Lightning eMotors is a strong example of the economic impact of sustainable, environmentally friendly businesses,” said Betsy Markey, executive director of the Colorado Office of Economic Development and International Trade. “Renewable energy is a pillar of the Polis administration because caring for the environment today creates enduring business models and high-quality jobs. It’s good for business and good for Colorado. We congratulate Lightning eMotors for this important milestone in their growth.”
During the summer and fall of 2020, the company said it ramped up production by more than 600 percent and continues to increase production as its orders increase. In addition, the company recently doubled its workforce and expects to double it again this year.