Overview

• Quebec has decided not to reinvest in Lion Electric, citing fiscal concerns and a lack of private sector involvement in its restructuring plan.
• The decision jeopardizes Lion Electric's restructuring efforts, with liquidation offers now being considered by the court-appointed monitor.
• Quebec school-bus operators face uncertainty as subsidies for electric buses have expired, while electrification mandates remain in place.
• Premier François Legault highlighted shifting U.S. policies under President Trump as a factor influencing Quebec's recalibration of its electrification strategy.
• The government is reviewing its entire transportation electrification plan, including its goal for 65% of school buses to be electric by 2030.