Quebec renews subsidy program for electric school buses

MONTREAL — The Quebec government is renewing a subsidy program for electric school buses that expired in March.The program will now offer subsidies of $240,000 for each purchase of an electric school bus, up from a maximum of $175,000.The news comes a week after a group of investors submitted a revised offer to buy Quebec vehicle-maker Lion Electric.Their offer was contingent on the government renewing the subsidy program, which was a key to Lion’s success in Quebec.Quebec is aiming