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FINANCIAL ASSETS AND LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2021
Financial Instruments [Abstract]  
Classification of financial instruments The classification of financial instruments is summarized as follows:
ClassificationsDecember 31, 2021December 31,
2020
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FINANCIAL ASSETS
Cash
Amortized cost241,702,030–
Trade and other receivablesAmortized cost25,373,9468,692,439 
Incentives from "support program for the deployment of electric school buses" and from "zero-emission truck and bus program" receivable
Amortized cost3,904,4015,216,118 
Other government assistance receivableAmortized cost903,356724,367 
FINANCIAL LIABILITIES
Bank overdraftAmortized cost—91,076 
Credit facilitiesAmortized cost—18,209,335 
Loans on research and development tax credits and subsidies receivableAmortized cost10,564,59010,433,572 
Trade and other payablesAmortized cost33,343,6309,413,387 
Long-term debtAmortized cost2,513,08026,817,815 
Convertible debt instrumentsAmortized cost–18,866,890 
Share warrant obligationsFVTPL106,225,93431,549,033 
Common shares, retractableAmortized cost–25,855,509 
10 - FINANCIAL ASSETS AND LIABILITIES (CONTINUED)
10.3 Fair Value Hierarchy (continued)
The Group's financial instruments are categorized as follow on the fair value hierarchy:
Fair Value Hierarchy
FINANCIAL INTRUMENTS MEASURED AT FAIR VALUE
Share warrant obligations- publicLevel 1
Share warrant obligations- privateLevel 2
Share warrant obligations- warrant issued to a customerLevel 3
FINANCIAL INTRUMENTS MEASURED AT AMORTIZED COST
Long-term debtLevel 2
Convertible debt instrumentsLevel 2
Common shares, retractableLevel 2