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Quebec

Lion Electric lays off 150 workers as restructuring continues

Tyler Choi Transportation Lion Electric Quebec Jan. 3 2025

The Lion Electric Company (LEV-T) has laid off approximately 150 more employees in Canada and the U.S. as it undergoes a sale and investment process as part of its restructuring. The cuts leave Lion with approximately 160 staff members.

Volkswagen to make $69M investment in lithium explorer Patriot

Tyler Choi Transportation Batteries Quebec Dec. 18 2024

Volkswagen Group will be investing $69 million into Vancouver-based Patriot Battery Metals Inc. (PMET-T) for a 9.9 per cent stake in the company and a lithium offtake deal to supply its Ontario electric vehicle battery factory.

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