Green energy company Biden hosted at White House files for bankruptcy

📆 8/9/2023 12:05 PM
📰 FoxNews

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 87%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Proterra, the electric bus company repeatedly celebrated by the White House, filed for bankruptcy Monday, citing market headwinds as the cause of its financial struggles.

Fox News White House correspondent Jacqui Heinrich has the latest on President Biden's controversial energy agenda on 'Special Report.', filed for bankruptcy Monday, blaming various market"headwinds" for its financial struggles.under the U.S. Bankruptcy Code in the District of Delaware to"strengthen its financial position.

"While our best-in-class EV and battery technologies have set an industry standard, we have faced various market and macroeconomic headwinds, that have impacted our ability to efficiently scale all of our opportunities simultaneously," he added.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden's Approval Rating on Climate Change Negative Despite White House PushA recent poll reveals that President Joe Biden's handling of climate change is disapproved by 57% of adults, despite the White House's continuous efforts on climate initiatives.
Source: dcexaminer - 🏆 6. / 94 Read more »