Another one bites the dust

[Lovebears65]

Electric Car Battery Maker A123 Systems Files Bankruptcy - Bloomberg



Electric Car Battery Maker A123 Systems Files Bankruptcy... Obama has the bankruptsy touch lol

 

[TNHarley]

His stimulus was such a good plan! Kinda like how he saved G.M.

 

[blastoff]

Sure hope this doesn't affect the GM golf carts, especially after Barry spent all that money putting the charging stations in at some embassy, where he' obviously planned to visit and shoot a round or two while in town.

 

[Vel]

To go along with this one.

Plant that got $150M in taxpayer money to make Volt batteries furloughs workers | Fox News

President Obama touted it in 2010 as evidence "manufacturing jobs are coming back to the United States,” but two years later, a Michigan hybrid battery plant built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced.
The facility, which was opened in July 2010 with a groundbreaking attended by Obama, has yet to produce a single battery for the Chevrolet Volt, the troubled electric car from General Motors. The plant's batteries also were intended to be used in Ford's electric Focus.

 

[JWBooth]

More evidence to buttress the belief that if there was actually a market for the product, govt. subsidy would not be necessary to start/maintain any business.

 

[Katzndogz]

Sure hope this doesn't affect the GM golf carts, especially after Barry spent all that money putting the charging stations in at some embassy, where he' obviously planned to visit and shoot a round or two while in town.

That was the Paris embassy. The one that got funding for Volts and charging stations leaving "no funding" for security in Libya.