Canadian EV maker eyes American school bus market as Biden term nears

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

A Canadian EV maker is eyeing factory space in the U.S. as the company looks to capitalize on the electrified future that President-elect Biden has laid out.

A Canadian electric vehicle maker is eyeing factory space in the United States as the company looks to capitalize on the electrified future that President-elect Joe Biden has laid out in his agenda.

Biden, a Democrat, on the campaign trail pledged to direct public funds towards updating the transportation infrastructure, including replacing 500,000 school buses in the country with zero emissions ones by 2030. The plan includes details to build out hundreds of thousands of charging stations across the U.S.

Lion Electric, a private company that launched 12 years ago, is set to begin trading on public markets when it merges with, a special purpose acquisition company, through a transaction that's expected to close in March.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

alloo_66 Onthecostpermilebasis Electrifying school buses Is a HIGHfelony And I mean that literally(CRIMINAL). Use Liquefied nitrogen As the 'fuel' And Atmospheric heat to catalyze it For the drivetrain TRACTIONPOWERSYSTEM;That is How you zero E m i s s i f y locomotives WORLDWIDENOW

This would seem to be an ideal market for EVs.

SamColes011

The bad news is you'll be stuck with low-income and under-educated American workers that are known to be lazy and self-entitled. If you're looking to expand I recommend a red Republican state because those employees can be had cheaper than the rest of us.

Shouldn’t be hard to find

95% only bad news(

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines