Bright Automotive Can’t Get Federal Loan After Four Year Wait, Folds

 Michael Giberson In other transportation alternatives news, Bright Automotive is folding after spending $15 over four years in an effort to secure a $450 million low-interest loan from the U.S. Department of Energy through the Advanced Technology Vehicles Manufacturing Loan Program. The Advanced Technology Vehicles Manufacturing Loan Program was created in the Energy Independence and Security Act of …

Bright Automotive Can’t Get Federal Loan After Four Year Wait, Folds Read More »