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P.E.I. cancels plans to buy new electric school buses amid Lion Electric's financial troublesThe P.E.I. government has halted plans to purchase more electric school buses due to the financial uncertainty surrounding Lion Electric, the company that manufactures most of the vehicles for the ...
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PNI Atlantic News on MSNP.E.I. delays EV school bus purchase over manufacturer’s financial woesThe P.E.I. government has cancelled a public tender to purchase new electric school buses after Lion Electric, the ...
Lion Electric, and mischaracterizes the process that the agency used to award the money. “The money shouldn’t have been given to the school bus company up front,” Zeldin told POLITICO ...
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COMMENTARY: One company’s struggles no reason to hit the brakes on electric school busesLeft without a reliable supplier, P.E.I. turned to buying more diesel ... Let’s not lose sight of why electric school buses matter. Lion’s business issues aside, electric school buses remain ...
With US$500 million in debt, Lion Electric obtained protection from its creditors in December and is seeking a buyer with a restructuring plan that would focus only on school buses and return all ...
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