Biden-backed electric vehicle company files for bankruptcy
President Biden frequently extolled an electric vehicle company — in which his energy secretary heavily invested — before it declared bankruptcy on Monday. Bay Area-based electric bus and battery maker Proterra filed for Chapter 11, with CEO Gareth Joyce citing “various market and macroeconomic…
#bayarea #proterra #chapter11 #garethjoyce #energy #jennifergranholm #washingtonfreebeacon #granholm #philadelphia #nationalpublicradio