Endorsed by Biden, EV bus manufacturer resorts to bankruptcy
The White House no doubt might be wondering about its endorsement of Proterra, the largest U.S. electric-bus maker. The California company filed for Chapter 11 bankruptcy protection late Monday and stunned the EV industry across the country.
The move also left others wondering about the future of electric vehicles. If Proterra can’t make it, can others in the industry survive?
Some Oklahoma leaders have questioned whether Canoo, the EV manufacturer with plants underway in Oklahoma City and Pryor, can survive.
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