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Lion Electric Company reduces workforce in Canada due to Zero-Emission Transit Fund delays

The Lion Electric Company is reducing its workforce, combined with other cost-cutting measures, aimed at further reducing its operating expenses and aligning its cost structure to current market dynamics, the company said. The workforce reduction affects approximately 120 employees, mostly those based in Canada in overhead and product development functions. The company said this measure…

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Green Li-ion launches recycled lithium-ion battery materials plant

Green Li-ion, a lithium-ion battery recycling technology company, launched its first commercial-scale installation to produce sustainable, battery-grade materials, the first of its kind in North America, it said. The plant, located within an existing recycling facility, will produce battery-grade cathode and anode materials from concentrated components of spent batteries using Green Li-ion’s patented multi-cathode-producing “Green-hydrorejuvenation”…

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Yoshi Mobility plans to expand into EV charging, preventative maintenance, virtual inspections

Yoshi Mobility recently closed its $26 million Series C funding round. The round includes strategic investors General Motors Ventures and Bridgestone Americas, as well as international investors Universal Motors Agencies and Shikra Limited. Launched out of Y Combinator in 2016, the company is also backed by ExxonMobil, DN Automotive, NBA All-Star Kevin Durant, and NFL…

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MoveEV introduces new CTO

MoveEV introduced Lindsey Bleimes as its new CTO. Bleimes will oversee the technological advancement and expansion of the company’s flagship product, ReimburseEV, a SaaS product that delivers expense management and IRS-compliant employee reimbursement solutions for charging electric fleet vehicles at home. “Lindsey’s deep experience with software technology, product development, integrations and team management are unparalleled,”…

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