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.

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.

Electric car company Think rises from bankruptcy, again

Just how many times can a company emerge from the ashes of bankruptcy? For Norwegian electric car maker Think Automotive, it plans to rise from at least its third bankruptcy after announcing that Russian investor Boris Zingarevich has bought the assets of the company.