SBF 70 years logo
MenuMENU
SearchSEARCH

LION Shares Company Update One Year Post-Acquisition

After a turbulent year, the former Lion Electric announces almost 200 employees and over 500 new bus sales with improved uptime from its plant serving Quebec.

a photo of a LION school bus with text overlay that reads "LION update: "A company rebuilt"

Last year, LION closed its U.S. facilities, voided warranties, and now manufactures and serves the Quebec market exclusively.

Credit:

LION/School Bus Fleet

2 min to read


Last May, LION (formerly Lion Electric) was acquired by a group of Quebec-based investors after months of public financial struggle and reported product issues.

Now, the company shared what it called "the first concrete results of its turnaround and reaffirming its commitment to electric school transportation in Quebec."

Ad Loading...

LION Company Update

Over the past year, the company refocused its operations exclusively on electric school buses designed and assembled in Saint-Jérôme, a move aimed at anchoring LION within Quebec. After the new investors took over, they met with school bus operators. "We arrived following a period of turbulence, at a time when operators were — quite rightly — concerned," Luc Sabbatini, shareholder and chairman of the board at LION, siad. "We listened to them, and what they told us has guided every single one of our decisions."

Production at the Saint-Jérôme plant is now fully back in swing, the company said, with nearly 200 employees actively contributing to the recovery. Nearly 550 buses have been sold since last May, over a hundred of which have already been delivered. In addition, several clients have reserved buses for the next two years.

About 1,400 LION electric school buses are currently on the road in Quebec.

New Company Priorities

The operators its investors talked with were clear that the industry needs a bus that is safe, reliable, and easy to maintain. LION has built its relaunch strategy around these expectations, it said. The company said it's focused on continuous improvement of its buses.

LION also said that service operations have been redesigned to maximize bus uptime. LION entered into agreements with eight regional school bus operators — already users of its vehicles — enabling them to act as regional service centers for their respective territories, complete with trained mechanics and rapid access to parts. Additional agreements are under discussion to expand this network across Quebec.

Ad Loading...

The company is also offering training programs to operators' mechanics throughout the province. Since last summer, new technological tools have been made available to them.

"The initial results of our relaunch demonstrate that there is a real and sustainable market for electric school buses in Quebec," Sabbatini said, "The electrification of school transportation represents an opportunity to combine economic development, industrial innovation, and collective responsibility — and we are proud to make a tangible contribution to this effort. In the current geopolitical and commercial climate, establishing such industrial capacity within Quebec is not merely a competitive advantage; it is a strategic asset."

Editor's Note: This post is based on a press release in French. School Bus Fleet used Google Translate to view it in English and apologizes for any errors in translation.

More Management

A close-up side view of a yellow Switzer-CARTY school bus parked in a bus yard, with the contractor's name displayed on the side panel and additional school buses visible in the background.
Managementby News/Media ReleaseAugust 7, 2026

Switzer-CARTY Enters the U.S. with New Acquisition

The Canadian contractor’s acquisition of Minnesota-based Agnes Corporation marks its first cross-border expansion into the United States and adds 350 vehicles.

Read More →
Students wearing backpacks line up to board a yellow school bus, each holding an NFC-enabled student ID card to scan as they enter. The image illustrates student ridership tracking technology that records boarding activity in real time.
Managementby News/Media ReleaseAugust 6, 2026

BusRight Adds New Rider Tracking Technology

Safety Pass is an NFC-based student ridership tracking solution that provides real-time boarding and drop-off data to improve school bus safety and family communication.

Read More →
A red and white image of someone holding a cell phone with text reading "EverDriven Launches RideAware App With Student Ride Visibility."
Managementby Staff and News ReportsAugust 5, 2026

EverDriven Launches RideAware App With Real-Time Student Ride Visibility

The updated platform’s new features improve communication among caregivers, districts, and drivers while streamlining trip updates.

Read More →
Ad Loading...
Students boarding a school bus with text reading "New Riders, Strong Starts. Help every student feel confident on day one."
Managementby Elora HaynesAugust 5, 2026

How School Transportation Departments Can Help Acclimate New Riders to the Bus

Here's how transportation departments can turn first-day jitters into confidence for students and parents alike.

Read More →
Multiple generations of the Kobussen family posing in front of a school bus.
ManagementAugust 3, 2026

Neighbors Helping Neighbors: Nearly 90 Years of Safely Transporting Wisconsin Students

From one farmer's act of service to a fourth-generation family business, Kobussen Buses reflects on nearly 90 years of earning the trust of Wisconsin families.

Read More →
Graphic for School Bus Fleet's "Changing Lanes" July 2026 personnel roundup featuring headshots of six industry professionals: Jamie Smith (AMF Buns), Dan Strock (Pro-Vision), Kyndra Webb (HopSkipDrive Council), Jared Schnader (CALSTART), Alycia Gilde (CALSTART), and Micah Enterz (Kooner Fleet Management Solutions), displayed on an orange geometric background.
Managementby StaffJuly 31, 2026

Changing Lanes: AMF Bruns, Pro-Vision, CALSTART, HopSkipDrive, & Kooner

Check out who's been hired, promoted, and appointed to leadership positions at various school transportation industry suppliers and nonprofits.

Read More →
Ad Loading...
Promo graphic for the 18th National Congress on School Transportation, featuring a conference audience background and text reading “May 4–6, 2029, St. Louis, Missouri,” alongside the NCST logo.
Managementby Staff and News ReportsJuly 29, 2026

NCST Announces 18th Congress Event Dates, New Committees

The National Congress on School Transportation moves to St. Louis in May 2029, convening delegates and industry representatives to discuss new best practice recommendations. Now, the new committee chairs have been named.

Read More →
Two school buses parked in front of the Wings Over the Rockies Air & Space Museum in Denver.
Managementby Amanda HuggettJuly 28, 2026

Key Moments from the 2026 NSTA Annual Meeting in the Mile High City

From federal policy updates and OEM presentations to speed networking and industry awards, see photos and highlights from the contractor association’s summer conference in Denver.

Read More →
A HopSkipDrive caregiver waits by an open car door in front of a house.
Managementby Elora HaynesJuly 27, 2026

HopSkipDrive Launches Spanish-Language App Update, Plans Additional Language Support

The update aims to improve communication with multilingual families by offering ride tracking, notifications, and support in Spanish, with more languages planned for the 2026-2027 school year.

Read More →
Ad Loading...
A yellow school bus is parked outside a school beneath a large oak tree with blooming white blossoms, framed by white buildings and a bright blue spring sky.
Managementby Amanda HuggettJuly 27, 2026

Where the Yellow Bus Takes Us: School Bus Fleet's 2026 Photo of the Year Winners

See the winning photos from School Bus Fleet's 2026 Photo of the Year contest, featuring stunning school bus images from across the U.S., from scenic landscapes to everyday moments.

Read More →