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East Central Reporter

Thursday, December 12, 2024

Lion Electric suspends Joliet plant operations amid financial struggles

Lion Electric has announced a suspension of operations at its Joliet plant as the company continues to face financial challenges and job cuts. The decision reflects ongoing difficulties in the electric vehicle (EV) production sector within Illinois.

In related news, State Farm Insurance is taking steps to remove electric vehicle charging stations from its parking decks due to concerns over fire risks. This action will affect both the Corporate and Corporate South headquarters in Bloomington, as well as other hubs across the country, with all charging stations set to be removed by October 28.

The developments highlight broader issues within the EV industry and related infrastructure as companies reassess their strategies amidst safety concerns and market demands.

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