In June 2025, imports of private vehicles totaled 14,581, compared to 22,621 in June 2024, a decrease of 35.5 per cent. Imports of commercial vehicles amounted to 457 vehicles compared to 886 in June ...

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

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

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

Lion Electric will very likely be liquidated following the Quebec government's refusal to invest more public funds in the company, says the court-appointed monitor for the electric-vehicle maker.

SAINT-JÉRÔME — Lion Electric will very likely be liquidated following the Quebec government's refusal to invest more public funds in the company, says the court-appointed monitor for the ...

Lion Electric has been one of the major players in the push to electrify school buses in Canada and the U.S. The company says it has about 2,200 electric vehicles on the road and a 33 per cent ...

Lion Electric’s customers worried about what comes next amid company’s struggles By: Maura Forrest, The Canadian Press Posted: 3:00 AM CST Wednesday, Jan. 15, 2025 Last Modified: 12:42 PM CST ...

Lion Electric customers worried what's next amid company's struggles The electric vehicle producer has laid off most of its employees, with the remaining 160 helping clients with maintenance ...

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.

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.