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Lion Electric’s president resigns as EV bus manufacturer searches for cash

financialpost
Summary
Nutrition label

66% Informative

Nicolas Brunet stepped down from the post he’d held for little more than a year .

Lion Electric announced it would lay off about 400 of 700 employees and suspend work at a plant in Joliet , Ill. The company's lenders, which include National Bank of Canada , gave the company temporary help to get through Dec. 16 .

VR Score

74

Informative language

78

Neutral language

15

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

1

Source diversity

1