Heh!:)
that operates more than 600 charging stations in Arizona, may be about to close its door.Last month, the company disclosed a myriad of problems with the SEC. In that filing, ECOtality released the following statement:
"Although the Company is
currently exploring options for a restructuring or sale of the entire
business and/or assets of the Company, the Company may need to file a
petition commencing a case under the United States Bankruptcy Code as
part of any such process or otherwise in the very near future."
ECOtality was heavily involved in the federal
government's EV Project, sponsored by the Department of Energy. The goal
of that program was to install charging stations and electric vehicle
infrastructure throughout the United States.
More with video @ CBS
In 2009 they received 99.9 million dollars from the American Recovery and Reinvestment Act. How many more companies are now bankrupt from using our tax money on "clean" useless energy?
ReplyDeleteA hell of a lot, Ma'am, a hell of a lot.
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