Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
Government

Submission + - Gov't Funded Electric Car Co. Goes Out of Business (allcarselectric.com)

thecarchik writes: Consider today's collapse of electric car company Green Vehicles an object lesson in why it's a bad idea for cities to invest in the risky business of start-up car companies--perhaps especially start-up electric car companies. Even start up car companies with a viable product have seen their fair share of financial troubles , but Green Vehicles did not even have a product to sell off at a fire sale. The city of Salinas, California learned that lesson today as Green Vehicles shut its doors, costing the city more than $500,000.
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Gov't Funded Electric Car Co. Goes Out of Business

Comments Filter:

I have never seen anything fill up a vacuum so fast and still suck. -- Rob Pike, on X.

Working...