Despite taxpayer subsidies, electric vehicle company championed by Biden files for bankruptcy

By Editor Two on August 9, 2023   Exclusives, Rest of The Best, Swamp Watch, Top Stories, U.S., World Links, World Tribune  

by WorldTribune Staff, August 9, 2023 An electric vehicle company which received millions in taxpayer subsidies and was championed by Joe Biden has filed for bankruptcy. Proterra announced on Monday that it had filed for Chapter 11 protection. “We have faced various market and macroeconomic headwinds that have impacted our ability to efficiently scale,” CEO […]