Lion Electric’s customers worried about what comes next amid company’s struggles
- Lion Electric Co. Is facing financial troubles and entered creditor protection in December 2023, impacting customers like Andrew Brooks, who ordered three school buses.
- The company has US$500 million in debt and is seeking a buyer while focusing on electric buses and returning manufacturing to Quebec.
- Prince Edward Island canceled a tender for new electric buses due to uncertainty about Lion Electric's future, affecting its electrification goals.
- Some customers reported issues with Lion Electric buses, including heating problems, while officials await the company's restructuring outcomes.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right2Center3Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
L 64%
C 22%
14%
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