Quebec refuses to reinvest in Lion Electric

Kon-Peki | 73 points

Wait I don't understand is this just an excuse? Is this a slightly more subtle example of an "anti" movement being emboldened by what's happening in the US, despite the same legal framework not applying? Like the anti abortionists in Europe are on the rise. Or is there a legitimate reason that it depends a bit on US policy?

ccppurcell | 9 hours ago

We just completely lost all investments in Northvolt so the government is being very careful with high profile investments into renewables, especially when we've bankrolled them before and they couldn't deliver.

pluc | 6 hours ago

They'll have to buy from BYD, like everybody else.

Animats | 10 hours ago

> Public Auction Due to closure of US EV Manufacturing facility – Short Notice!

https://workingmancapital.com/auction/lion-electric-chicago-...

Kon-Peki | 11 hours ago

Huh. I suppose that bus contract probably does make up a sizeable amount of their business. I last saw them at a trade show where they had their class 5 and 6 cab over truck chasses. There was a huge push for EV package delivery, for which that size was ideal. Their offerings looked pretty polished compared to the competition. I would think the CARB rules (and those in the other states that follow CARB) would stir a bit more demand for Lion's product offerings, but I can see what Quebec would be hesitant about such a company operating internationally in the r current political environment.

plorg | 8 hours ago

Electric buses are not just about the environment.

They are also so much more comfortable.

Less noisy, less rattly.

I would think it makes society healthier to have quieter, less annoying ways to commute.

mg | 10 hours ago

Government should not be backstopping poorly run companies from the consequences of their failure to execute. That will only encourage further irresponsibility.

0xbadc0de5 | 5 hours ago

[flagged]

JumpCrisscross | 11 hours ago