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Lion Electric temporarily lays off 400 workers, gets extension from creditors

  • Lion Electric is temporarily laying off 400 employees and shutting down production at its Illinois plant.
  • The company has secured an extension to Dec. 16 for a loan and a credit agreement.
  • The union states that the extension indicates serious discussions are happening to save the company, but it does not guarantee a solution.
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  • 45% of the sources are Center
45% Center
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larepublica.co broke the news in Bogotá, Colombia on Sunday, December 1, 2024.
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