The prospect of a restructuring or sale for Lion Electric has effectively ended, as the Quebec government ruled out further investment in the company.
In the first quarter, we very clearly felt the effects of weak customer demand on our sales and earnings. In order to further improve our resilience, we must and will work on strategic enhancements.
"After a poor first six months, operating results showed signs of recovery during the second half of 2024. Excluding the Car Assembly division, annual turnover is the highest ever."
KleanDrive has developed a battery cell and motor agnostic drivetrain system that can quickly incorporate cutting-edge technologies, ensuring efficiency and cost-effectiveness.
