Lion Électrique, the Quebec-based manufacturer of electric buses and trucks, is facing dire financial challenges, with warnings of imminent insolvency looming over the company. With liquidity issues seriously hindering its operations, analysts are increasingly voicing concerns about whether the company can survive without major financial intervention. Professor Yan Cimon from Laval University characterizes the situation starkly, stating, “Lion Électrique is out of liquidity. The company is practically insolvent… If nothing changes, Lion will need to seek protection from its creditors. The outlook is currently quite poor.”
The urgency of Lion Électrique’s financial difficulties has come to light amid its failure to…
