Posted on 08/08/2023 1:04:48 PM PDT by ChicagoConservative27
President Biden frequently extolled an electric vehicle company — in which his energy secretary heavily invested — before it declared bankruptcy on Monday.
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.”
The EV firm, which sold more than 1,300 electric buses to public transit systems in the US and Canada, was valued at $1.6 billion when Biden, 80, took office in January 2021 — but closed with a market value of $362 million, according to Reuters.
(Excerpt) Read more at nypost.com ...
TRANSLATION FROM HEARING IMPAIRED INTERPRETER: "Well, it is five minutes after five, which means it is time for a drink. I'll get tight, touch some girl's breasts, and maybe stroke her hair, but her father might yell at me and cut my hand off. Anyway, I don't have any idea who this Build Back Better company Proterra is."
Did there entire fleet of EV’s catch on fire ?
Dominos in action
Granholm eventually closed her position in the firm late in May 2021, and netted capital gains amounting to about $1.6 million.
The Swamp Grift is ALL ABOUT racking in the Score to your offshore accounts.
SHOCKING!!!!
🤣🤣🤣🤣🤣🤣🤣
🤣🤣🤣🤣👍🏻👍🏻👍🏻👍🏻
charging centers are not the problem. A problem sure, but down a ways on the list. Who wants to sit there like a sitting duck for two hours or more?
City bus operation is a tough duty cycle, and maintenance is typically done by unionized city employees who DGAS about things.
For what it's worth, I've never had to wait for a charger. But I live in Alabama and, thus, any road trip near enough to not fly (meaning road trips in the southeast) are in areas where most EV owners live in homes (charge at home). Thus, most people at road-side chargers within 600 or so miles of where I live are just the people on a trip (not people charging for local driving). We simply don't have a lot of apartment renters using up road-side chargers for local driving.
LOL, that is only the Build Back Better Pants On Fire subcategory of lie!
Instead of exposing and chastising Biden the media will cover it up. They need to be stripped of all media reporting responsibility. Just like they just did to White House journalists. Worthless propagandists.
Yeah my take on evs is if you use them like a golf cart, and charge at home, they will work just fine. When these rigs depreciate enough in the next couple years, I’ll grab one with weak battery and just use it as a local runabout, keeping the gas car for trips and such.
That’s one aspect I haven’t polled people on.
So far the only people to admit, seem to be people living
in homes with chargers though. I will admit that may be
the case because others don’t want to admit to strangers
they are renters. Who knows.
EVs are maybe good for short range within city limits.
It took an hour after the article posted for someone, you, to read it.
Just wow.
Terry McCauliffe from VA did the same thing in MS. There will be more.
A regular diesel bus would cost around $250k. An electric bus at least $500k.
And be 1/2 as productive and 1/4 the range.
It’s a real head scratcher alright.
Don’t worry Biden’s Puppeteer’s have many Billions of dollars ready to flush
Build back better.
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