Thursday, March 1, 2012

And the parade rolls on

EV Companies Pull Plug In EV State

Yet another hopeful maker of electric vehicles called it quits in Indiana. Bright Automotive of Anderson, Ind., announced this week that it will wind down operations after withdrawing an application for a DOE loan. This is the latest in a series of EV companies that went belly-up in Indiana, where Gov. Mitch Daniels had vowed in January 2010 to make the state “the electric vehicle state.”The Chicago Tribune lists the failed companies:

  • Last year, Think, an electric vehicle manufacturer in Elkhart propped up by government incentives, filed for bankruptcy.
  • A month ago, Ener1, the battery-maker that was to supply the Think vehicle from three manufacturing facilities in Indiana, filed for bankruptcy reorganization.
  • An unrelated plug-in manufacturer the state tried to nurture has yet to get off the ground.

1 comment:

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