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