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Quebec renews subsidy program for electric school buses

The Quebec government is renewing a subsidy program for electric school buses, offering $240,000 for each purchase, up from $175,000 previously.
Quebec aims to electrify 65% of its school bus fleet by 2030, and the new program will run until 2028.
Lion Electric, a Quebec-based company that went public in 2021 with plans to transform the transportation industry, filed for bankruptcy protection in December 2022.

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Spectrum Local News

Center

Districts thrown electric school bus lifeline in state budget

It comes in the form of the possibility of a second 24-month extension for districts who can prove that they need it.

8 days ago·United States

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National Observer

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Quebec renews subsidy for electric school buses

The Quebec government is renewing a subsidy program for electric school buses that expired in March.

8 days ago·Canada

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The Globe & Mail

Center

Lion Electric set to be acquired by consortium of Quebec investors

The offer was submitted to the Superior Court of Quebec, which will consider the matter at a hearing scheduled for next Wednesday

9 days ago·Canada

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NiagaraFallsReview.ca

+15 Reposted by 15 other sources

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Quebec renews subsidy program for electric school buses

MONTREAL - The Quebec government is renewing a subsidy program for electric school buses that expired in March.

9 days ago·Niagara Falls, Canada

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Bloomberg

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Quebec Investors to Acquire Bankrupt Bus Maker Lion Electric

An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric Co., offering new capital to keep the electric bus and truck maker alive.

9 days ago·United States

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La Presse

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Half a billion in three years, a boost from Quebec City to reinvigorate Lion

Even though he said no to new public aid to save Lion Electric, the Legault government is renewing its subsidy program for the purchase of electric buses, a decision that will allow the Quebec manufacturer to revive and avoid liquidation.

9 days ago·Montreal, Canada

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