No more public money for Lion Electric, Quebec government says
May 1, 2025 | 9:50 AM
MONTREAL — The Quebec government says it won’t invest more public money in Lion Electric, putting the electric-vehicle maker’s future in doubt.
Economy Minister Christine Fréchette said in a statement Wednesday evening that it wouldn’t be responsible to inject more government funds into the struggling company.
She said that while the province has a duty to support Quebec businesses, Lion’s recovery plan recently submitted to the government “did not justify” more public funding.
The company, headquartered in St-Jérôme, Que., sought creditor protection in December and has since been seeking a buyer.
