Quebec's decision on Lion Electric investment and the auction of US factory

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Quebec has opted not to reinvest in Lion Electric, a manufacturer of electric buses, which may force local buyers to turn to competitors, such as BYD. This decision coincides with an auction of a US manufacturing facility for Lion Electric, indicative of potential operational challenges and financial hurdles facing the company. The discussions highlight tensions in the EV market and potential shifts towards foreign manufacturers as domestic production wanes.
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