Sponsored by George Fox University
Home Must Reads Ecotality could file for bankruptcy

Ecotality could file for bankruptcy

| Print |  Email
Must Reads
Thursday, August 15, 2013

Electric vehicle charger maker Ecotality is considering bankruptcy amid disappointing sales. The company consolidated its Portland sales force earlier this year.

Ecotality had received more than $90 milliion in funding through the recently ended federal stimulus program.

What’s more, the company will face an investigation from a shareholder and consumer rights litigation firm.

Read more at Sustainable Business Oregon.

 

Comments   

 
Guest
+2 #1 What? Another governemtn failure?Guest 2013-08-15 18:23:37
For some reason I'm not surprised at this announcement. When will people understand that the government is not equipped with the right people to start businesses? How many billions of dollars have been flushed down the drain; money used to line the wallets of donors to the current regime?
Good grief, wake up and smell the roses!
Quote | Report to administrator
 
 
Guest
+1 #2 Stimulating LossesGuest 2013-08-15 18:32:44
Yet another waste of taxpayer money as the great "stimulus" plan by Obama results in yet another "green" company bleeding red ink until it's bankrupt. Why does anyone in government think they know which companies are viable? If these companies were so attractive they would get PRIVATE investment. While our veterans' benefits are being reduced and Meals on Wheels funds are declining and the American people are locked out of their house because of the Sequestration, we are daily reminded of the previous moronic decisions by the government.
Quote | Report to administrator
 

More Articles

Creating a culture of compliance

Business tips
Thursday, June 19, 2014
DataBY MONICA ENAND | GUEST CONTRIBUTOR

Nine tips for building habits among employees to respond when needed.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


Read more...

The business of running a food cart

News
Thursday, June 05, 2014
OBM1BY HANNAH WALLACE | OB BLOGGER

What does it take to launch and run one of these mobile food businesses?  


Read more...

EPA Standards: A breath of fresh air for the region

News
Thursday, June 12, 2014
EPABY ANDREA DURBIN | OB GUEST BLOGGER

Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

OB Video: Dress for Success

News
Wednesday, July 02, 2014
DFSOBY JESSICA RIDGWAY | OB WEB EDITOR

Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS