(WBBM NEWSRADIO) — Layoffs are coming again to the Joliet plant that had been celebrated as the one of the largest commercial EV manufacturing facilities in the country.
Lion Electric announced after disappointing sales it’s laying off almost one-third of its employees. We don’t know how many of the 300 job cuts will be in Joliet, where it makes electric school buses.
The Canadian-based company’s only U.S. factory celebrated its official opening a year ago at ribbon-cutting with Gov. Pritzker and promises of 1,400 jobs coming to the site. This is the third set of layoffs since then.
CEO and Founder Marc Bedard said in a statement announcing a massive decline in revenues and vehicle production that “Transition to electric is taking longer than initially expected, but transportation electrification is here to stay.”
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