EV Maker Lion Wins Temporary Creditor Relief, Halts US Factory

By Yahoo! Finance   |   3 months ago
EV Maker Lion Wins Temporary Creditor Relief, Halts US Factory

Electric bus manufacturer Lion Electric Co. is laying off 400 workers at its Illinois factory due to financial constraints. The company received short-term financial support from lenders and is exploring restructuring options, asset sales, or strategic investments.

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