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Canada’s Lion Electric faces imminent liquidation

Lion Electric was once the symbol of Quebec’s EV ambitions, but the ongoing US-Canada tariff dispute appears to have sealed its fate. By Stewart Burnett

Canadian e-bus and truck maker Lion Electric is teetering on the brink of liquidation after the Quebec government declined to provide additional funding for its operations. The decision signals a retracing of the province’s electrification goals, with Premier François Legault citing high risks and diminished export possibilities to the US due to the ongoing trade situation. 

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