Longhaul electric trucks will be in play in five to seven years as battery density improves, said Marc Bedard, CEO and founder of Lion Electric. Operators
The reduction affects 150 employees (approximately 10% of Lion's total headcount) in production overhead, manufacturing, product development and administrative functions, both in Canada and the United States.
MONTREAL - The Lion Electric Co. says it is cutting 150 jobs or about 10 per cent of its total workforce in a move to reduce costs and improve its ability to reach its profitability objectives.