An Interest In:
Web News this Week
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
- April 8, 2024
- April 7, 2024
- April 6, 2024
Some of Our Sources
- Joshua Blankenship
- Spoon Graphics
- Smashing Apps
- Six Revisions
- Fuel Your Creativity
- My Ink Blog
- Fudge Graphics
- Web Resource Source
- Android Dissected
- Willems Lab
Help Webnuz
Referal links:
July 20, 2011 12:05 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/CQ6S6RBoUZw/Govt-Funded-Electric-Car-Company-Goes-Out-of-Business
Gov't Funded Electric Car Company Goes Out of Business
thecarchik writes "Consider yesterday's collapse of electric car company Green Vehicles an object lesson in why it's a bad idea for cities to invest in the risky business of start-up car companies — perhaps especially start-up electric car companies. Even such companies with a viable product have seen their fair share of financial troubles, but Green Vehicles did not even have a product to sell off at a fire sale. The city of Salinas, California learned that lesson as Green Vehicles shut its doors, costing the city more than $500,000." 
Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/CQ6S6RBoUZw/Govt-Funded-Electric-Car-Company-Goes-Out-of-Business
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot