Days after laying off 400 staff and halting production at its Joliet, Ill., bus manufacturing plant, Lion continued its ongoing fundraising push with the building sale.
December 6, 2024bus News Updates
Bus, Truck Maker Lion Electric Sells Facility to Raise Funds
Mach in Talks to Help Rescue Electric Vehicle Maker Lion
Mach Capital, the investment arm of Canadian real estate developer Groupe Mach, is in discussions to provide more funding to cash-strapped electric bus and truck manufacturer Lion Electric.
December 3, 2024Canada’s Lion Electric Lays Off 10% of Workforce
Canadian medium- and heavy-duty electric truck and bus maker Lion Electric laid off 150 employees, or 10% of its workforce, it said Nov. 27.
November 30, 2023In the Race to Electrification, Buses Are Leading the Pack
Government Awards $1 Billion to Schools for Electric Buses
Nearly 400 school districts spanning all 50 states and Washington, D.C., along with several tribes and U.S. territories, are receiving roughly $1 billion in grants to purchase about 2,500 “clean” school buses under a new federal program.
October 26, 2022Democrats Push $25 Billion to Electrify School Buses
Democratic lawmakers are unveiling legislation that would invest $25 billion to convert the nation’s fleet of gasoline- and diesel-powered school buses to electric vehicles, aiming at a component of President Joe Biden’s $2.25 trillion infrastructure plan to improve children’s health.
April 21, 2021Motorcoach Industry Seeks Federal Aid to Mitigate Losses
The 100-year-old over-the-road motorcoach industry is struggling for survival as most of the nation’s 36,000 buses are sitting in parking lots because of the COVID-19 pandemic.
July 27, 2020Bus Industry Seeks More Recovery Relief
WASHINGTON — Lawmakers allocated $61 billion to airlines, $25 billion to transit and $1 billion for Amtrak in the roughly $2 trillion coronavirus rescue package, but the motorcoach industry, which includes charter buses, private transit buses and passenger buses, said it has been largely ignored.
May 1, 2020San Diego MTS Launches $12.5 Million Electric Bus Pilot Program
Transit officials in San Diego are rolling out a new $12.5 million pilot program to test the region’s first electric buses.
October 23, 2019Motorcoach Industry, Like Trucking, Faces Driver Shortage
Much is written about how the trucking industry loses drivers to other lines of work, but in some cases they’re not leaving to do something else — they’re leaving to drive something else: motorcoaches. Ironically, the bus industry is dealing with a driver shortage of its own.
June 4, 2019Follow Us
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