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Lion Electric lays off 400 workers, idles Joliet plant as it decides next steps

On December 1, Lion Electric announced that it has secured a two-week extension, now to December 16, for a loan and a credit agreement with a syndicate of lenders, after the November 30 deadline passed.
The two-week extension will give Lion Electric time to consider its options, including a sale of the business or a ....

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