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Lion Electric temporarily lays off 400 workers, gets extension from creditors

Lion Electric temporarily lays off 400 workers, gets extension from creditors

MONTREAL — Electric bus manufacturer Lion Electric is temporarily laying off 400 employees and shutting down production at its Illinois plant after getting a two-week reprieve from its lenders. The St-Jérôme, Que.
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Opinion: Burnaby Mountain gondola is the solution, not electric buses

Opinion: Burnaby Mountain gondola is the solution, not electric buses

SFU student society speaks out in support of project
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Lion Electric temporarily lays off 400 workers, gets extension from creditors

Lion Electric temporarily lays off 400 workers, gets extension from creditors

MONTREAL — Electric bus manufacturer Lion Electric is temporarily laying off 400 employees and shutting down production at its Illinois plant after getting a two-week reprieve from its lenders. The St-Jérôme, Que.
Read more >
Lion Electric lays off 100 more workers after $100 million earnings loss

Lion Electric lays off 100 more workers after $100 million earnings loss

SAINT-JÉRÔME, Que. — The Lion Electric Co. says it is laying off 100 more employees or about seven per cent of its total workforce in a move to reduce costs.
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Lion Electric announces 300 more layoffs, driving stock into the tank

Lion Electric announces 300 more layoffs, driving stock into the tank

MONTREAL — Lion Electric Co. says it is laying off hundreds more workers as part of a plan to staunch its financial losses. The announcement sent the electric bus company's shares into a tailspin, leaving them a penny stock by day's end.
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Lion Electric plans to focus on buses rather than trucks in bid to attract buyer

Lion Electric plans to focus on buses rather than trucks in bid to attract buyer

MONTREAL — Quebec electric-vehicle maker Lion Electric Co. wants to pause building trucks and focus instead on school buses as part of a restructuring plan that would return all manufacturing operations to the province.
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Quebec EV company Lion Electric made big promises, but struggled to deliver

Quebec EV company Lion Electric made big promises, but struggled to deliver

MONTREAL — A Quebec company once hailed as a success story in the electric-vehicle transition has struggled to deliver on many of its most ambitious plans. Lion Electric Co.
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Quebec EV company Lion Electric made big promises, but struggled to deliver

Quebec EV company Lion Electric made big promises, but struggled to deliver

MONTREAL — A Quebec company once hailed as a success story in the electric-vehicle transition has struggled to deliver on many of its most ambitious plans. Lion Electric Co.
Read more >
Lion Electric lays off 100 more workers after $100 million earnings loss

Lion Electric lays off 100 more workers after $100 million earnings loss

SAINT-JÉRÔME, Que. — The Lion Electric Co. says it is laying off 100 more employees or about seven per cent of its total workforce in a move to reduce costs.
Read more >
Quebec EV company Lion Electric made big promises, but struggled to deliver

Quebec EV company Lion Electric made big promises, but struggled to deliver

MONTREAL — A Quebec company once hailed as a success story in the electric-vehicle transition has struggled to deliver on many of its most ambitious plans. Lion Electric Co.
Read more >