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Lion Electric eyes rescue with new investor-backed takeover plan

Lion Electric may avoid liquidation after a takeover offer was submitted by a group of investors led by Montreal businessman Vincent Chiara, coming from the real estate business. Lion Electric filed for creditor protection on December 18, 2024, with debts exceeding $411 million. A previous deal coll...

A century of bus production: Iveco Bus Annonay plant turns 100

Iveco Bus is celebrating the 100th anniversary of its Annonay plant in France — a site that has played a central role in shaping collective mobility since 1925. From the groundbreaking ideas of founder Joseph Besset to today’s zero-emission technologies, Annonay has continuously evolved, weathering ...
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