$96 Million to Nowhere: The Predictable Failure of Subsidized Electric Buses

Paying one group to produce and another to consume does not guarantee usefulness. It guarantees activity.

Biden-backed electric vehicle company files for bankruptcy

Bay Area-based electric bus and battery maker Proterra filed for Chapter 11, with CEO Gareth Joyce citing “various market and macroeconomic headwinds that have impacted our ability to efficiently scale.”