Group of Investors Submits Revised Offer to Buy Quebec-Based Lion Electric

Group of Investors Submits Revised Offer to Buy Quebec-Based Lion Electric
The Lion Electric Company's lithium-ion battery manufacturing facility in Mirabel, Que., on Sept. 14, 2023. The Canadian Press/Christinne Muschi
The Canadian Press
Updated:
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A group of investors has submitted a revised offer to buy Quebec vehicle-maker Lion Electric, providing a possible lifeline to the beleaguered company.

The new offer comes after the Quebec government refused to inject more public money into the St-Jérome, Que.-based electric-vehicle manufacturer, causing an earlier transaction to fall through.