Electric car maker Bright Automotive to shut down

According to local reports, Bright Automotive, which was a spinoff from the not-for-profit think tank Rocky Mountain Institute, and which had been developing a plug-in hybrid car called the IDEA for commercial fleets, plans to close shop.

Electric car maker Aptera shuts down

Electric car maker Aptera has officially shut its doors after years developing three and four-wheeled electric cars and coming close to receiving a $150 million DOE loan.

The danger of politicians backing high risk startups

In light of the news that Republican Representative Darrell Issa once called for Department of Energy support for now-struggling electric car maker Aptera, I’m resurfacing my essay on the danger of politicians backing high risk startups.

Are there more Solyndras out there?

Are there other Solyndras waiting in the wings that could one day lose over a billion in funds to failed green technologies? Well, there are a couple of other green startups that have raised similarly massive private funds and DOE support.