Canadian electric school bus firm Lion Electric faces financial difficulties and is looking to be rescued, reports Bloomberg. Lion on Sunday announced the layoff of 400 people, representing more than half of its workforce, and said it was suspending manufacturing at its U.S. factory in Joliet, Illinois. When the factory was announced in 2021, Lion...Canadian electric school bus firm Lion Electric faces financial difficulties and is looking to be rescued, reports Bloomberg. Lion on Sunday announced the layoff of 400 people, representing more than half of its workforce, and said it was suspending manufacturing at its U.S. factory in Joliet, Illinois. When the factory was announced in 2021, Lion...
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