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Top Biden EV Bus Maker Nears Bankruptcy, Leaving School Districts and Tens of Millions of Taxpayer Dollars in Limbo
Free Beacon ^ | February 7, 2025 | Thomas Catenacci

Posted on 02/08/2025 5:31:45 AM PST by lowbridge

The Biden administration awarded Canadian electric bus company Lion Electric nearly $160 million to manufacture hundreds of battery-powered buses for school districts nationwide as part of its sweeping climate agenda. In recent weeks, Lion has initiated bankruptcy proceedings, laid off all employees tasked with building its buses, and paused manufacturing operations.

Lion's financial demise leaves dozens of school districts—including those in California, Montana, North Dakota, Iowa, Alabama, and Maryland—questioning whether they will receive the buses the Biden administration promised them. Lion has yet to deliver $95 million worth of electric buses to 55 districts across the country, according to federal data reviewed by the Washington Free Beacon.

"At this time we are working through the proper channels and keeping our attorneys abreast of the situation," Dawn Wallace, the superintendent of Ohio Valley School District in Adams County, Ohio, which ordered buses from Lion, told the Free Beacon. "No buses have been delivered to our district. We are on hold."

"The district has been in contact with both Lion Electric and the EPA to gather details on the situation and explore available options moving forward," added Jason Stabler, the superintendent of Bureau Valley School District in Manlius, Illinois, another district promised buses.

The situation puts a renewed spotlight on the Biden administration's behemoth climate programs, raising questions about whether the recipients of billions of dollars in green spending were properly vetted—or whether federal officials looked the other way when doling out funds to Lion, which had financially struggled for years.

(Excerpt) Read more at freebeacon.com ...


TOPICS: Culture/Society; News/Current Events
KEYWORDS: automotive; bus; canada; climatechange; conjob; electric; ev; lionelectric; ripoff; scam; school
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1 posted on 02/08/2025 5:31:45 AM PST by lowbridge
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To: lowbridge

How much money did you give them up front?


2 posted on 02/08/2025 5:33:16 AM PST by ComputerGuy
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To: lowbridge

Opportunity for a startup to convert all those e-buses to plain ol’ gasoline... fat blocks...


3 posted on 02/08/2025 5:34:06 AM PST by OKSooner ("I'd be safe and warm, if I was in LA... " Mama Cass Elliott, 1966)
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To: lowbridge

LOLOLOLOLOL.


4 posted on 02/08/2025 5:35:52 AM PST by nwrep
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To: lowbridge

Stop with the mandatory school buses and government cars. Stop feeding this climate farce...


5 posted on 02/08/2025 5:39:38 AM PST by Sacajaweau
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To: OKSooner
> Opportunity for a startup to convert all those e-buses to plain ol’ gasoline... <

I was thinking about a solution to the problem also (see below). But your idea is much better.


6 posted on 02/08/2025 5:39:47 AM PST by Leaning Right (It’s morning in America. Again.)
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To: lowbridge
Lion Electric Management Team
7 posted on 02/08/2025 5:42:07 AM PST by OldHarbor
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To: lowbridge
Here's what is coming.....


8 posted on 02/08/2025 5:42:48 AM PST by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
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To: lowbridge

Now all t5hey need to do is round up Biden & force him to pay back he gave them up front. And then jail the bum.


9 posted on 02/08/2025 5:43:30 AM PST by oldtech
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To: OKSooner

Diesel


10 posted on 02/08/2025 5:43:38 AM PST by Palio di Siena (Kralik…..you get the wallet )
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To: lowbridge

Now all t5hey need to do is round up Biden & force him to pay back he gave them up front. And then jail the bum.


11 posted on 02/08/2025 5:44:55 AM PST by oldtech
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To: lowbridge

More USAID grift. Potato probably got a 10% kickback.


12 posted on 02/08/2025 5:45:44 AM PST by HIDEK6 (God bless Donald Trump)
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To: HIDEK6

10% of $160 million is $16 million.


13 posted on 02/08/2025 5:47:21 AM PST by HIDEK6 (God bless Donald Trump)
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To: lowbridge

Just like Obama’s “$535 million loan to Solyndra” Paying off Democratic supporters. I wonder why Kamala isn’t bragging about electric school buses now?


14 posted on 02/08/2025 5:52:10 AM PST by antidemoncrat ( )
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To: lowbridge

Can you spell Solyndra?
10% and all.


15 posted on 02/08/2025 5:52:30 AM PST by sasquatch (Do NOT forget Ashli Babbit! c/o piytar)
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To: antidemoncrat

Got me by twenty seconds!


16 posted on 02/08/2025 5:53:52 AM PST by sasquatch (Do NOT forget Ashli Babbit! c/o piytar)
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To: lowbridge

Moronic decision makers should be tarred and feathered and ran out of town on a rail!


17 posted on 02/08/2025 5:54:20 AM PST by vpintheak (Screw the ChiComms! America first!)
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To: ComputerGuy

Ten bucks says these districts didn’t pay a penny to the EV bus manufacturer out of their own pockets, but used federal grant money for the purchases.


18 posted on 02/08/2025 5:56:21 AM PST by Alberta's Child ("Well, maybe I'm a little rough around the edges; inside a little hollow.” -- Tom Petty, “Rebels”)
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To: HIDEK6
More USAID grift. Potato probably got a 10% kickback.

Someone with better research chops could check out Electric School Bus Initiative and World Resource Institute; it has a Bezos connection.

"Incestuous, it is."

19 posted on 02/08/2025 5:56:32 AM PST by niteowl77
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To: nwrep

I’m not finding humor in how much of our tax dollars have been wasted. We should all feel violated. This story needs a mention in Congress.


20 posted on 02/08/2025 5:56:35 AM PST by LeonardFMason
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