Canada's Lion Electric looks to raise $50M from stock offering

Lion Electric A school bus — Lion Electric A school bus model (Lion Electric )

December 14, 2022 07:41 PM

Canadian electric vehicle maker Lion Electric Co. plans a $50 million stock offering to strengthen its balance sheet and expand factories.

Featured Stories

What automakers are saying about vehicle prices with tariffs in effect

What automakers are saying about vehicle prices with tariffs in effect

Young technician grateful for his mentor

Young technician grateful for his mentor

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Will Carvana be ready for the next market shift with tariffs? Confidence is there

Will Carvana be ready for the next market shift with tariffs? Confidence is there

Latest News

Jaguar Land Rover is pausing car exports to U.S. on tariffs

Tesla’s software engineering head is said to depart EV maker

Volvo CEO Hakan Samuelsson promises new model, increased autonomy for U.S. business

Live updates on tariffs: Ford, Stellantis offer employee discounts; China retaliates; Mexico seeks solution

Staying current is easy with newsletters delivered straight to your inbox.

See More in Mobility

California has nearly 50% more EV chargers than gas nozzles

Waymo robotaxis racked up $65,000 in San Francisco parking tickets last year

Waymo plans DC robotaxi service debut as U.S. plans new standards

Automakers, tech industry urge Trump to speed self-driving car deployment

Staying current is easy with newsletters delivered straight to your inbox.