Top Biden EV Bus Maker Nears Bankruptcy, Leaving School Districts and Tens of Millions of Taxpayer Dollars in Limbo
The Biden administration awarded Canadian electric bus company Lion Electric nearly $160 million to manufacture hundreds of battery-powered buses for school districts nationwide as part of its sweeping climate agenda. In recent weeks, Lion has initiated bankruptcy proceedings, laid off all employees tasked with building its buses, and paused manufacturing operations. Lion’s financial demise leaves dozens of school districts—including those