Remember all of the Obama green energy companies that went bankrupt and sold to the Chinese? Same shit, same president.
Remember all of the Obama green energy companies that went bankrupt and sold to the Chinese? Same shit, same president.
Biden-backed Proterra canceled repair negotiations with city's transportation agency following bankruptcy
Philadelphia's public transportation authority could lose the $24 million it spent to acquire a fleet of Proterra electric buses after the Biden-backed green energy company declared bankruptcy.
The Southeastern Pennsylvania Transportation Authority (SEPTA), which manages Philadelphia's public transportation system, in 2016 purchased 25 Proterra electric buses for nearly $1 million each. The fleet faced an array of issues—one even burst into flames last year—prompting SEPTA to sideline the buses and negotiate with Proterra to repair them. But after Proterra declared bankruptcy in August, the green energy company abruptly canceled the repair negotiations, SEPTA told the Philadelphia Inquirer. As a result, SEPTA does not know when the buses will be back on Philadelphia's streets, and it could lose the $24 million it spent on the buses.
[Source.](https://freebeacon.com/energy/philly-bet-big-on-bidens-favorite-electric-bus-company-now-it-stands-to-lose-millions/)
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*Biden-backed Proterra canceled repair negotiations with city's transportation agency following bankruptcy*
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Philadelphia's public transportation authority could lose the $24 million it spent to acquire a fleet of Proterra electric buses after the Biden-backed green energy company declared bankruptcy.
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The Southeastern Pennsylvania Transportation Authority (SEPTA), which manages Philadelphia's public transportation system, in 2016 purchased 25 Proterra electric buses for nearly $1 million each. The fleet faced an array of issues—one even burst into flames last year—prompting SEPTA to sideline the buses and negotiate with Proterra to repair them. But after Proterra declared bankruptcy in August, the green energy company abruptly canceled the repair negotiations, SEPTA told the Philadelphia Inquirer. As a result, SEPTA does not know when the buses will be back on Philadelphia's streets, and it could lose the $24 million it spent on the buses.
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