The Presidential debate was prescient when Mitt told Obummer that he only had a track record of picking failures in the energy field. And now, “another one bites the dust”, to quote a rather old song.
Obama and Co. have been pimping (I did choose that word) Green Energy and Electric Cars since day one. To date, all have been rather colossal failures, wiping out $ Billions in our (taxpayer) money. Here is a new one, with a new twist. A battery maker for electric cars has gone under, along with $400 M of federal and state subsidies. The Twist? It is being taken over by a Chinese investor. I only hope that they do as well with it as we did.
Read the Fox News article here.