lion electric

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...

$18 million will be invested by Quebec’s government into electric school buses. 120 e-buses from the domestic manufacturer Lion Electric will be purchased. These vehicles are to deployed by the bus company Autobus Transco (a subsidiary of First Student Canada) in Montreal. Minister of Transpor...

North American electric vehicle manufacturer Lion Electric launches LionCapital Solutions, a new division dedicated to providing customers with flexible financing solutions specifically tailored to the medium and heavy-duty electric vehicle market. The newly-opened division leverages the existing ve...