The new owners of Lion Electric only had to put $6 million on the table to buy the electric school bus manufacturer, ...

Stalled government subsidies and expanding too fast contributed to closure of Joliet plant that made electric school buses.

Lion Electric also makes battery-powered trucks. Deborah Grzonka, of Marseilles, works on the front end of an electric school bus at the Lion Electric Joliet plant on July 23, 2024. (E.

The cofounder of a special purpose acquisition company defeated investor allegations that he helped release a misleading ...

Maine’s Lion Electric school buses have been a disaster. What’s next? As the company experiences financial troubles, the Maine Department of Education hopes to get relief for school districts.

Back in 2021, Joliet Patch reported that Lion Electric intended to produce more than 10,000 electric vehicles per year at full capacity at the Joliet property at 3835 Youngs Road, off Route 6 ...

Canadian electric truck and bus maker Lion Electric (NYSE:LEV) jumped 55% after winning a temporary reprieve from its creditors. The company also said it would lay off 400 of its employees in ...

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 announced its financial and operating ...

Lion Electric said it defaulted on some of its debts and was seeking bankruptcy protection under Canadian law to give the maker of electric trucks and buses time to restructure or sell its business.

While other electric bus companies are ramping up production, a court-appointed monitor cast doubt on Lion's future after Quebec announced last week that it would not invest $24 million to ...

Lion Electric is laying off 30% of its workforce, or about 300 people, in an effort to cut costs in the face of choppy demand and government incentives for electric buses. The Montreal-based ...

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 announced its financial and operating ...