lion electric

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...

Quebec-based manufacturer of electric school buses and trucks Lion Electric appears headed for liquidation after the provincial government ruled out further investment in the company, is reported on CBC News. The decision effectively ends any prospect of a restructuring or sale, according to Jean-Fr...

Quebec-based manufacturer of electric buses and trucks Lion Electric filed for creditor protection on December 18, 2024, with debts exceeding $411 million. Now, while seeking a buyer or investors to avoid liquidation (deadline: 14th February), the company is planning to cease production of electric ...

Electric bus and truck manufacturer Lion Electric, headquartered in Canada, announced “a workforce reduction aimed at rationalizing its cost structure and improving its ability to reach its profitability objectives”.  The reorganization affects 150 employees (approximately 10% of Lion’s total headco...

Back to June 2020: Transdev shared at that time its ambition to electrify 100% of its fleet of school buses in Québec by 2025. Now, July 2022, the group announces the acquisition of 30 new electric school buses from the Quebec company Lion Electric (with aid of Quebec government’s support policy). W...

Key powertrain component manufacturer Dana and Lion Electric have just announced strategic supply relationship. Dana will supply the electric drive systems, including electric motors, inverters, and controllers, as well as axles and driveshafts for all Lion Electric platforms, including the LionA, L...