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Lion Electric Co., the Canadian electric truck and bus manufacturer, faces a critical deadline this weekend to secure new investors amid a cash shortage and a challenging EV market. The company has received a two-week extension on its credit agreement with three lenders and temporary relief on loan conditions from the Caisse de Depot et Placement du Quebec and Finalta Capital Inc.
Finalta Capital Inc.
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lion electric faces urgent investor deadline amid cash crisis
16:29 29.11.2024
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