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Content tagged with: Lion Electric

Lion Electric to lay off 30% of workforce after slow Q2

Tyler Choi Transportation Lion Electric Quebec Jul. 31 2024

The Lion Electric Company (LEV-T) is laying off 30 per cent of its global workforce and plans to further streamline its business following Q2 financials that show widening losses at the maker of heavy duty electric vehicles.

New cuts at Lion Electric, lays off 9% of workforce

Tyler Choi Finance Lion Electric Quebec Apr. 18 2024

Heavy vehicle manufacturer The Lion Electric Company (LEV-T) will slash an additional 120 jobs in its latest round of financial cutbacks, affecting nine per cent of its employees.

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