- Moderator
- #21
We've seen this time and time again, the government subsidizing companies that piss away all the money and go belly up. It's almost like they're a money laundering scheme.
Biden electric school buses go belly up.
- Thread starter Delldude
- Start date
Edgetho
Diamond Member
- Mar 27, 2012
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Thank You for that Info. Music to my ears.
I love the smell of diesel fumes in the morning
Edgetho
Diamond Member
- Mar 27, 2012
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Seems to be a lop-sided event, party wise
Sherlock Holmes
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Says someone who has lots of Tesla stock.
SassyIrishLass
Diamond Member
- Mar 31, 2009
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- #25
Sherlock Holmes
Gold Member
- Jul 1, 2024
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Sure, I believe you...but you should, Tesla share holders have been subsidized by the government...it's know as the welfare state for the rich, never heard of it?
Welfare for the wealthy
Half of all business meal expenses are tax deductible. This puts SNAP cuts in helpful...
www.christiancentury.org
SassyIrishLass
Diamond Member
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- #27
You sure like annoying people. If you want Tesla stock go buy it and STFU
Sherlock Holmes
Gold Member
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They should give me some, given that my taxes have helped subsidize it as they are about to subsidize Intel, can't have the rich paying their own way.
SassyIrishLass
Diamond Member
- Mar 31, 2009
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- #29
Typical leech leftist asshole, gimme gimme gimme
Wasting hundreds of billions of dollars and even trillions over the years is disgraceful. For the money invested there should be much more to see then what we have.
Toddsterpatriot
Diamond Member
leftwinger
Diamond Member
Todays news: God awful Americans need to haul Granny and the babies and run over the little man in a Civic. Selfish scum don't care about the plane much either apparently. Europeans they all take the bus or drive 2cyl Cluesoea cars.****
- Ford saw big growth in August in sales of its three-row Expedition SUV.
- The most popular Expedition models start at around $74,000. The vehicle is gas-powered, signaling that even as demand for electric vehicles has risen, consumers are still interested in big, traditional models.
- While the Expedition only made up about 5% of sales in August, Ford’s profit engine for decades has been large trucks and SUVs.
Missourian
Diamond Member
Pacific Trucks stopped building semis in 1991, and STILL provide customer support for 50 year old diesel semis and dump trucks...
excalibur
Diamond Member
- Mar 19, 2015
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This was always a scam.
It was always a money laundering affair for Democrats.
Schools are returning to diesel buses because electric bus companies are going out of business and cannot service the vehicles that they had manufactured. Canadian electric bus maker Lion Electric, which received $159 million in federal funds to manufacture 435 school buses between 2022 and 2024, has filed for bankruptcy. The company failed to deliver $95 million worth of electric buses and told school districts that it could not service their electric buses, which are under warranty. The $95 million worth of electric buses it pledged to produce is part of the Biden administration’s $5 billion Clean School Bus program.
According to the Washington Free Beacon, during bankruptcy proceedings, Lion was sold for just $6 million after being valued at $4.7 billion in June of 2021. The company also permanently closed multiple manufacturing plants, fired the majority of its employees, and told consumers that it could no longer honor warranties and purchase orders in the United States.
As the Free Beacon explains, electric buses are extremely expensive, costing more than $350,000 on average, whereas new diesel-powered buses typically cost around $100,000. They also require school districts to invest in high-powered charging infrastructure and new training for drivers. The Free Beacon cites a report from Clean Trucking, which discusses some of the issues schools found with electric buses, including that they were not of comparable quality to diesel buses in that they would not heat up in cold weather, lost steering and braking ability at times, had defective frames, and regularly displayed error messages that forced drivers to reset the vehicles. In one school district, a bus lost its brakes and ran into a snowbank during its first year in operation. The districts also found that they needed repair after operating for a month or less. The electric school buses have spent months in repair shops, faced parts recalls, and failed state inspections.
Lion sold about 3,400 electric buses in the United States — buses that had warranties. In July, its new investors notified school districts that they would no longer honor warranties. School districts with Lion electric buses now have no recourse for repairs — which are needed as the buses start failing after two weeks of operation — just as the new school year starts. Some other bus companies are offering to service the vehicles, but at an extra cost.
One school district found that its electric buses were operational for a total of one month over two years. These failures limit the district’s options to selling the buses, trading them in, or working with another service provider and repairing the buses, which involves higher maintenance costs.
School districts that obtained their electric buses through a grant from the Environmental Protection Agency (EPA) are required to keep and maintain the buses for five years, which means that they will incur higher maintenance costs unless the EPA waives the requirement. They also want the EPA to tell them how to dispose of their buses.
Proterra, an electric bus manufacturing company promoted by former President Biden, former Vice President Harris, and former Transportation Secretary Buttigieg, and heavily invested in by Biden’s Energy Secretary Granholm, filed for bankruptcy protection in 2023. Proterra had sold more than 1,300 electric buses to public transit systems in the United States and Canada. The company sold pricey electric buses and had poor performance reviews from a number of U.S. cities.
...
www.instituteforenergyresearch.org
It was always a money laundering affair for Democrats.
Schools are returning to diesel buses because electric bus companies are going out of business and cannot service the vehicles that they had manufactured. Canadian electric bus maker Lion Electric, which received $159 million in federal funds to manufacture 435 school buses between 2022 and 2024, has filed for bankruptcy. The company failed to deliver $95 million worth of electric buses and told school districts that it could not service their electric buses, which are under warranty. The $95 million worth of electric buses it pledged to produce is part of the Biden administration’s $5 billion Clean School Bus program.
According to the Washington Free Beacon, during bankruptcy proceedings, Lion was sold for just $6 million after being valued at $4.7 billion in June of 2021. The company also permanently closed multiple manufacturing plants, fired the majority of its employees, and told consumers that it could no longer honor warranties and purchase orders in the United States.
As the Free Beacon explains, electric buses are extremely expensive, costing more than $350,000 on average, whereas new diesel-powered buses typically cost around $100,000. They also require school districts to invest in high-powered charging infrastructure and new training for drivers. The Free Beacon cites a report from Clean Trucking, which discusses some of the issues schools found with electric buses, including that they were not of comparable quality to diesel buses in that they would not heat up in cold weather, lost steering and braking ability at times, had defective frames, and regularly displayed error messages that forced drivers to reset the vehicles. In one school district, a bus lost its brakes and ran into a snowbank during its first year in operation. The districts also found that they needed repair after operating for a month or less. The electric school buses have spent months in repair shops, faced parts recalls, and failed state inspections.
Lion sold about 3,400 electric buses in the United States — buses that had warranties. In July, its new investors notified school districts that they would no longer honor warranties. School districts with Lion electric buses now have no recourse for repairs — which are needed as the buses start failing after two weeks of operation — just as the new school year starts. Some other bus companies are offering to service the vehicles, but at an extra cost.
One school district found that its electric buses were operational for a total of one month over two years. These failures limit the district’s options to selling the buses, trading them in, or working with another service provider and repairing the buses, which involves higher maintenance costs.
School districts that obtained their electric buses through a grant from the Environmental Protection Agency (EPA) are required to keep and maintain the buses for five years, which means that they will incur higher maintenance costs unless the EPA waives the requirement. They also want the EPA to tell them how to dispose of their buses.
Proterra, an electric bus manufacturing company promoted by former President Biden, former Vice President Harris, and former Transportation Secretary Buttigieg, and heavily invested in by Biden’s Energy Secretary Granholm, filed for bankruptcy protection in 2023. Proterra had sold more than 1,300 electric buses to public transit systems in the United States and Canada. The company sold pricey electric buses and had poor performance reviews from a number of U.S. cities.
...
School Districts Revert to Diesel Buses as Poor Performance Restricts Electric Bus Usage and Bankruptcies Affect Service
Schools are returning to diesel buses because electric bus companies are going out of business and cannot service the vehicles…
www.instituteforenergyresearch.org
Manonthestreet
Diamond Member
- May 20, 2014
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Good thing Joe got his cut
DukeU
Diamond Member
lg325
Diamond Member
The idea of electric buses is good. Failure is due to incompetent management or corruption.
August West
Platinum Member
- Sep 5, 2014
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August West
Platinum Member
- Sep 5, 2014
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How much money was pissed away in our search for WMDs that we KNEW didn`t exist?
RoshawnMarkwees
Assimilationist
Probably very little since it was UN inspectors who were responsible for their detection.
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