Lee Zeldin calls out EPA for $160M gift to Canadian EV bus company- Full Charge: EPA Sent $160 Million to now Bankrupt Canadian Electric Bus Company

[shockedcanadian]

This grift is standard in Canada, as standard here as the rampant nepotism.

Thanks for the cash I guess. I'm sure the important people in Canada took their piece of the pie...

Lion Electric expects bankruptcy filing amid EV pushback

Electric bus and truck maker Lion Electric Co. expects to seek creditor protection due to slower EV adoption by the car market. Read more

financialpost.com

There is considerable buzz in Washington about the disclosures of Administrator for the Environmental Protection Agency (EPA), Lee Zeldin on controversial grants by the Biden Administration, including the $50 million environmental justice grant to an organization that believes “climate justice travels through a Free Palestine.” However, one item was particularly notable: $160 million to a Canadian electric bus manufacturer which later announced bankruptcy without fulfilling the contract.

.........................................


These projects often start with photo ops and virtue signaling that costs taxpayers billions in losses. What is missing is a modicum of economic and administrative judgment.


The Canadian electric bus company Lion Electric is such an example. Figures like Vice President Kamala Harris did repeated photo ops with electric buses as a defining issue. However, the company struggled from the start and the Biden Administration failed to take the most basic steps to protect taxpayer money. Rather than break up payments in segments based on actual production, Biden officials just sent the $160 million to the company.


The company is now shutting down without supplying $95 million in bus orders. The money is gone. Poof! and the company could vanish with the “Lion’s share” of U.S. public funds.


At the same time, the Administration pushed local and state governments to buy electric vehicles. Many blue cities went all-in but then had to spend more money to deal with the failures. Cities like Asheville, North Carolina, spent millions to buy more expensive electric buses only to find that they had to be recharged every 70 miles. Three out of five buses quickly broke down and could not be repaired because the company, Proterra, also filed for bankruptcy.

 

[Jroc]

Who got the the kickbacks?

 

[shockedcanadian]

Who got the the kickbacks?

Sure as hell wasn't me. Musk and Big Ballz will clean this up, it's long overdue

 

[justoffal]

This grift is standard in Canada, as standard here as the rampant nepotism.

Thanks for the cash I guess. I'm sure the important people in Canada took their piece of the pie...

Lion Electric expects bankruptcy filing amid EV pushback

Electric bus and truck maker Lion Electric Co. expects to seek creditor protection due to slower EV adoption by the car market. Read more

financialpost.com

There is considerable buzz in Washington about the disclosures of Administrator for the Environmental Protection Agency (EPA), Lee Zeldin on controversial grants by the Biden Administration, including the $50 million environmental justice grant to an organization that believes “climate justice travels through a Free Palestine.” However, one item was particularly notable: $160 million to a Canadian electric bus manufacturer which later announced bankruptcy without fulfilling the contract.

.........................................


These projects often start with photo ops and virtue signaling that costs taxpayers billions in losses. What is missing is a modicum of economic and administrative judgment.


The Canadian electric bus company Lion Electric is such an example. Figures like Vice President Kamala Harris did repeated photo ops with electric buses as a defining issue. However, the company struggled from the start and the Biden Administration failed to take the most basic steps to protect taxpayer money. Rather than break up payments in segments based on actual production, Biden officials just sent the $160 million to the company.


The company is now shutting down without supplying $95 million in bus orders. The money is gone. Poof! and the company could vanish with the “Lion’s share” of U.S. public funds.


At the same time, the Administration pushed local and state governments to buy electric vehicles. Many blue cities went all-in but then had to spend more money to deal with the failures. Cities like Asheville, North Carolina, spent millions to buy more expensive electric buses only to find that they had to be recharged every 70 miles. Three out of five buses quickly broke down and could not be repaired because the company, Proterra, also filed for bankruptcy.

No wonder Trudeau changed his mind about resigning. Too profitable to stay where he is.

 

[Jroc]

No wonder Trudeau changed his mind about resigning. Too profitable to stay where he is.

Couple weeks he'll gone

 

[feduptaxpayer]

This grift is standard in Canada, as standard here as the rampant nepotism.

Thanks for the cash I guess. I'm sure the important people in Canada took their piece of the pie...

Lion Electric expects bankruptcy filing amid EV pushback

Electric bus and truck maker Lion Electric Co. expects to seek creditor protection due to slower EV adoption by the car market. Read more

financialpost.com

There is considerable buzz in Washington about the disclosures of Administrator for the Environmental Protection Agency (EPA), Lee Zeldin on controversial grants by the Biden Administration, including the $50 million environmental justice grant to an organization that believes “climate justice travels through a Free Palestine.” However, one item was particularly notable: $160 million to a Canadian electric bus manufacturer which later announced bankruptcy without fulfilling the contract.

.........................................


These projects often start with photo ops and virtue signaling that costs taxpayers billions in losses. What is missing is a modicum of economic and administrative judgment.


The Canadian electric bus company Lion Electric is such an example. Figures like Vice President Kamala Harris did repeated photo ops with electric buses as a defining issue. However, the company struggled from the start and the Biden Administration failed to take the most basic steps to protect taxpayer money. Rather than break up payments in segments based on actual production, Biden officials just sent the $160 million to the company.


The company is now shutting down without supplying $95 million in bus orders. The money is gone. Poof! and the company could vanish with the “Lion’s share” of U.S. public funds.


At the same time, the Administration pushed local and state governments to buy electric vehicles. Many blue cities went all-in but then had to spend more money to deal with the failures. Cities like Asheville, North Carolina, spent millions to buy more expensive electric buses only to find that they had to be recharged every 70 miles. Three out of five buses quickly broke down and could not be repaired because the company, Proterra, also filed for bankruptcy.

DOGE is already finding hundreds of billions of taxpayers tax dollars that are being blown and are going to the radical woke commies in America. Now only if we had a Elon Musk here in Canada who would do the same thing. But that will only happen of the conservative party gets elected in the coming election here in Marxist Canada and puts an Elon to do that job. I will wait and see.

 

[justoffal]

DOGE is already finding hundreds of billions of taxpayers tax dollars that are being blown and are going to the radical woke commies in America. Now only if we had a Elon Musk here in Canada who would do the same thing. But that will only happen of the conservative party gets elected in the coming election here in Marxist Canada and puts an Elon to do that job. I will wait and see.

These bankruptcies are actually planned.
Once the money is dumped in the company can go bankrupt and launder the money out to the officers in pieces..... They set it up ahead of time and it works out better for the officers if the company goes bankrupt instead of trying to stay in business blowing all the money on a failing effort. Obama did the same thing with solyndra only bigger. Solyndra was about 450 million.

 

[wamose]

They should outlaw gifts to foreign countries. That's like mail in voting. Too hard to keep track of.

 

[feduptaxpayer]

These bankruptcies are actually planned.
Once the money is dumped in the company can go bankrupt and launder the money out to the officers in pieces..... They set it up ahead of time and it works out better for the officers if the company goes bankrupt instead of trying to stay in business blowing all the money on a failing effort. Obama did the same thing with solyndra only bigger. Solyndra was about 450 million.

All the crap that is going on today is pretty much all planned.