Stalled government subsidies and expanding too fast contributed to closure of Joliet plant that made electric school buses.

The cofounder of a special purpose acquisition company defeated investor allegations that he helped release a misleading ...

Lion Electric’s prospects seemed far brighter when Democratic Party luminaries, including U.S. Sens. Dick Durbin and Tammy Duckworth and U.S. Reps. Lauren Underwood and Bill Foster, gathered at ...

Ross Lyon has a “long-term plan” to make out-of-contract superstar Nasiah Wanganeen-Milera a player in the mould of Adelaide ...

In all, 30 school districts across Maine received a total of 72 electric buses through the EPA-run program. However, Makin said, the Lion Electric buses, which now have been sent to nine of the ...

Back in 2021, Joliet Patch reported that Lion Electric intended to produce more than 10,000 electric vehicles per year at full capacity at the Joliet property at 3835 Youngs Road, off Route 6.

Lion Electric is laying off 30% of its workforce, or about 300 people, in an effort to cut costs in the face of choppy demand and government incentives for electric buses.

PROBLEMS FROM DAY ONE Wide-ranging problems with the Lion Electric buses, however, began as soon as they were delivered. Monte Selby, former superintendent of Vinalhaven School, was the first to ...

Lion Electric said it defaulted on some of its debts and was seeking bankruptcy protection under Canadian law to give the maker of electric trucks and buses time to restructure or sell its business.

Lion Electric obtained protection from its creditors as the embattled battery-electric truck and bus maker’s cash pile continued to dwindle, it said Dec. 19. Montreal-based Lion sought creditor ...