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flag Lion Electric likely to be liquidated after Quebec government declines further funding.

flag Lion Electric, a Quebec-based electric vehicle manufacturer, is likely to be liquidated after the Quebec government refused to invest more public funds. flag The court-appointed monitor, Jean-François Nadon from Deloitte, stated that without government aid, it is unlikely any buyer will step forward. flag The company has laid off most of its employees and sought creditor protection in December. flag Deloitte hopes to finalize a liquidation transaction by next Monday.

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