Lion Electric: The Third Electric Vehicle Maker To Lay Off Employees This Week

Lion Electric (TSX: LEV) this morning disclosed its decision to downsize its workforce, marking the third electric vehicle maker to initiate such measures recently just this week. The reduction, aimed at aligning operational costs with current market dynamics, encompasses approximately 120 employees, primarily affecting Canada-based personnel in overhead and product development roles. Notably, Lion ensures … Continue reading Lion Electric: The Third Electric Vehicle Maker To Lay Off Employees This Week