Steve R.
Retired
- Local time
- Today, 05:59
- Joined
- Jul 5, 2006
- Messages
- 5,473
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Top Biden EV Bus Maker Nears Bankruptcy, Leaving School Districts and Tens of Millions of Taxpayer Dollars in Limbo
The Biden administration awarded Canadian electric bus company Lion Electric nearly $160 million to manufacture hundreds of battery-powered buses for school districts nationwide as part of its sweeping climate agenda. In recent weeks, Lion has initiated bankruptcy proceedings, laid off all...
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The situation puts a renewed spotlight on the Biden administration's behemoth climate programs, raising questions about whether the recipients of billions of dollars in green spending were properly vetted—or whether federal officials looked the other way when doling out funds to Lion, which had financially struggled for years.
A Wikipedia summary of the Solyndra scandal.
The USAID scandal has also raised the question of grants actually being a money laundering scam rather than actually resulting in a real product.
See the DOGE thread.
Below is another program that has the look and feel of a money laundering scam.
Transportation Department suspends $5 billion EV charger program
Seems that the article above left out the fact that only 8 EV charging stations actually built. I wonder how much of that money will be clawed back by the Trump administration?
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