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Lion Electric surges
Lion Electric surges after getting a temporary reprieve from its creditors
Lion Electric (LEV) stock soared 61% after creditor relief, but the company announced layoffs and suspension of manufacturing in Joliet, Illinois.
Lion Electric temporarily cuts 400 jobs
Lion Electric, a Quebec-based electric bus manufacturer, says it will temporarily lay off 400 employees in the US and Canada. As a result, it will also suspend production at its facility in Illinois.
Quebec's Lion Electric temporarily lays off more than half of remaining workforce
Quebec company Lion Electric is once again reducing its workforce, announcing 400 more temporary layoffs, which accounts for more than half of the electric bus and truck manufacturer's remaining employees.
2h
on MSN
Electric school bus maker Lion Electric suspends operations at Illinois plant
When electric school bus manufacturer Lion Electric opened its sprawling 900,000 square-foot factory in Joliet last year, Gov ...
21h
Electric bus manufacturer Lion Electric suspends operations at Channahon plant
Lion Electric, which manufactures electric buses, will suspend its operations at its Channahon facility , the company ...
2d
on MSN
Canada’s Mach in Talks to Help Rescue Electric Bus Maker Lion
Mach Capital, the investment arm of Canadian real estate developer Groupe Mach Inc., is in discussions to provide more ...
1d
Company that supplied buses to Maine schools is in financial trouble
Canadian newspapers reported Monday that Lion Electric faces bankruptcy, which might impact electric school buses stationed ...
Crain's Chicago Business
2d
With Joliet plant idled, talks to rescue Lion Electric heat up
Mach Capital is in discussions to provide more funding to the cash-strapped electric bus manufacturer but only if members of ...
3d
on MSN
EV Maker Lion Wins Temporary Creditor Relief, Halts US Factory
Electric bus manufacturer Lion Electric Co. is temporarily laying off about 400 workers and halting operations at its ...
23h
on MSN
EV bus maker Lion Electric suspends operations at plant near Joliet, Illinois
Electric bus maker Lion Electric is suspending operations at its facility southwest of Chicago. The Lion Electric Joliet ...
WQRF Rockford on MSN
11h
EV school bus maker Lion Electric suspends operations at Illinois factory
Canadian electric bus manufacturing company Lion Electric has laid off its workforce at its Joliet plant and suspended ...
Crain's Chicago Business
1d
A piece of Pritzker's EV-manufacturing strategy is in peril
Lion Electric is running out of time and money, but supporters are hoping for a lifeline that will keep the Joliet plant ...
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Illinois
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