What could possibly go wrong? Proterra Government Funding: Sources, Bankruptcy Claims, and Key Takeaways
When leading U.S. electric transit bus manufacturer Proterra filed for Chapter 11 bankruptcy in August 2023, it sparked widespread public scrutiny of the hundreds of millions in government funding the company had received over its 19-year history. For taxpayers, transit agencies, and policymakers, the collapse raised urgent questions: Where did all the public funding go?
Click thru for details. (Hat tip to Small Dead Animals: We Don’t Need No Flaming Sparky Buses.)
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