Electric-Car Firm That Received Biden Visit and $118M in Stimulus Funds Files for Bankruptcy
By Fred Lucas
(CNSNews.com) – Ener1–a company that manufactures batteries for electric cars, and that received $118.5 million in federal stimulus money, and that Vice President Joe Biden visited last year the day after President Obama’s State of the Union Address—announced today that it has filed for Chapter 11 bankruptcy protection.
Another Obama-Biden failure in the Green Energy field.