RCMP Raid Electric Bus Manufacturer

The Royal Canadian Mounted Police raid a company over investor fraud allegations. Police raid Saint-Jérôme, Que., headquarters of EV manufacturer Lion Electric

The Royal Canadian Mounted Police conducted a search at Lion Electric's headquarters in Saint-Jérôme on Wednesday.

The search is part of an investment fraud probe that started more than a year ago, according to RCMP Sgt. Erique Gasse.

For more info, see the video embedded below. During the height of the EV mania, Quebec, and few US states, mandated that all new school buses had to be electric. The Quebec government invested more than $100 million Canadian in the company. It was sold later for $6 million, and the province dropped its all-electric mandate. Not sure if the US states did likewise. The company filed for the Canadian version of bankruptcy in early 2025.

As part of the bankruptcy they went through, they voided all warranties outside of Quebec. US school districts that own Lion Electric buses are mostly not able to drive them because they cannot get parts anywhere. This doesn't even deal with the issues the buses had in cold weather.

Why should you care? The US government gave Lion Electric about $150 million US, through grants to school districts to buy electric buses. A lot of which were never delivered, and bunch of the ones delivered do not work. That is a horrible record, and why the company was accused of deceiving investors about the health of the company.

Here is a post from September noting that a lot of money disappeared in the form of buses paid for but not delivered. Fewer than 4 in 10 were delivered, though they were not all Lion Electric buses. The Mystery of the Disappearing EV Grants.

In another post from September, a Lion Electric bus catches fire. If an Electric Bus Catches Fire Is It Still a Zero Emission Vehicle?

This is the StacheD Training video Police Raid Lion Electric: Investment Fraud Investigation. Pat gets the hat tip.

I've covered Lion Electric a number of times on this channel. Bus fires, quality problems, and recalls. Lion actually sent me a cease and desist back in January 2025.