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Electric Bus Company Biden Energy Secretary Once Had Stake In Goes Belly Up
Daily Caller ^ | August 07, 2023 7:58 PM ET | NICK POPE

Posted on 08/08/2023 6:06:47 AM PDT by Red Badger

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1 posted on 08/08/2023 6:06:47 AM PDT by Red Badger
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To: Red Badger

"The Bimbo of Energy"


2 posted on 08/08/2023 6:08:55 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: Red Badger
Granholm eventually closed her position in the firm late in May 2021, and netted capital gains amounting to about $1.6 million.

Another Swamp grifter dances out the door with a wad of cash...

3 posted on 08/08/2023 6:10:37 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

C’mon man—why she knows as much about energy as Hunter Biden.


4 posted on 08/08/2023 6:12:16 AM PDT by DaBroasta ("An armed society is a polite society" Heinlein)
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To: Red Badger

I get the feeling some of these “green energy” companies are created just to transfer money from the tax-payers to certain favored groups or politicians. Then, when someone starts shining the spotlight on the business’s viability or practices the company suddenly goes belly-up and files bankruptcy. Then later the same players pop up again in another such venture and the entire process plays out once more.

Much like Obama’s Solyndra.

https://www.forbes.com/sites/adamandrzejewski/2021/04/12/remembering-solyndra—how-many-570m-green-energy-failures-are-hidden-inside-bidens-instructure-proposal/


5 posted on 08/08/2023 6:14:41 AM PDT by CFW (I will not comply!)
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To: Red Badger

Reminds me of Obama and his $500+ “loan” to Solyndra in 2009 and they went belly up in 2011.


6 posted on 08/08/2023 6:17:52 AM PDT by antidemoncrat
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To: CFW

I wonder IF this is the company that the city of Boston bought a bunch of electric buses from. When mayor Wu was elected a couple years ago the city bought a bunch of electric buses. I only think that they have delivered a few.


7 posted on 08/08/2023 6:20:32 AM PDT by woodbutcher1963
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To: antidemoncrat

STILL-—The best “INVESTMENT” is Hillary’s $1000 in “Cattle Futures” on Monday and a $100,000 payoff 5 days later on Friday———


8 posted on 08/08/2023 6:34:21 AM PDT by ridesthemiles
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To: Red Badger

Isn’t it amazing AND DISGUSTING that these are “Ho Hum” revelations from DC agency heads? Talk about DEPLORABLE!!!!


9 posted on 08/08/2023 6:36:10 AM PDT by Thank You Rush
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To: CFW

Solyndra is never mentioned today and it should be a shouted question at Biden anytime/every time he shows his face! As well to EVERY other democrat!!!


10 posted on 08/08/2023 6:38:12 AM PDT by Thank You Rush
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To: Red Badger

Heaven forbid, but can you imagine if an electric bus full of people malfunctions and catches on fire and folks can’t get out? Zowie! Gas fires are bad enough, but fires caused are downright nasty.


11 posted on 08/08/2023 6:48:26 AM PDT by Bob434
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To: Thank You Rush

....as I believe Hillary Clinton once said, nothing will come of this........these people lie, cheat and scheme and nothing ever happens to them....I believe I read somewhere else that Granholm secretly had contacts with her Chinese masters before our own strategic oil reserves were depleted again...


12 posted on 08/08/2023 6:51:32 AM PDT by TokarevM57
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To: Red Badger

You’d think electric city buses, like local delivery vehicles, would be a good use of the battery-based power train.

The article doesn’t say why the company failed. Must be because bus buyers saw them as more expensive over their lifetime than diesel-powered alternatives.

Amazon is supposed to be converting to electric delivery vehicles. Has anyone seen one yet?


13 posted on 08/08/2023 7:00:23 AM PDT by cymbeline
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To: cymbeline

Nope.
Nor the Post Office.
Or UPS.
Or FedEx.
Or DHL.
Or Old Dominion...............................


14 posted on 08/08/2023 7:02:53 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

Pay your self huge salary

Sub contact to another Corp you own also

Gut the equity

Stash the cash

Declare bankruptcy

/\

Grab your grifter trophy

Rinse and repeat


15 posted on 08/08/2023 7:05:27 AM PDT by cuz1961 (USCGR Veteran )
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To: Red Badger

Toooooo Heavy for bridges ?


16 posted on 08/08/2023 7:10:02 AM PDT by butlerweave
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To: Red Badger
Belly up! Send more money! Send more money! Worked for Solyndra! Worked for A123 Systems! Worked for Brightsource! --- Oh, wait. That didn't work....

Obama said Solyndra was the "future." He was correct. A bankrupt-laden future.

And the grift goes on.

17 posted on 08/08/2023 7:10:33 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: Red Badger

Jennifer Granholm = Kumalot Harris

Bats all over the place


18 posted on 08/08/2023 7:35:10 AM PDT by Vaduz (....)
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To: Red Badger

“Nope.”

Good information. This should be an embarrassment to the EV boosters.


19 posted on 08/08/2023 7:57:24 AM PDT by cymbeline
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To: Red Badger

Granholm is corrupt and stupid.


20 posted on 08/08/2023 8:07:50 AM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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