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

Detox fashion

June 2014
Thursday, May 29, 2014
BY LINDA BAKER

Remember mood rings? A team of scientists at Oregon State University has designed what might be considered a 21st-century analog of the ’70s jewelry fad: a bracelet that reveals one’s exposure to pollutants.


Read more...

100 Best Green Companies Keynote Speech

News
Friday, May 30, 2014

green2014-069Watch the 2014 100 Best Green Companies keynote speech by Eric Friedenwald-Fishman.


Read more...

Oversight? Or gaming the system?

News
Monday, July 14, 2014
AmazonBY VIVIAN MCINERNY | OB BLOGGER

Some people think Amazon’s winking eye logo is starting to look like a hoodwink.


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...

Hipsters gone wild

June 2014
Thursday, May 29, 2014
BY JON BELL

A new generation of outdoor apparel companies targets the young and the urban.


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...

Blips and trends in the housing market

News
Thursday, June 26, 2014
062614 thumb realestateBY ERIC FRUTS | OB BLOGGER

Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?


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