Counselor706
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https://www.breitbart.com/politics/...by-biden-administration-files-for-bankruptcy/Proterra, an electric bus company that received heavy backing from President Joe Biden’s administration, filed for bankruptcy on Monday.
The Burlingame, California-based EV company has been a source of controversy for the Biden administration because Biden’s Energy Secretary Jennifer Granholm hyped the company in her official capacity despite the fact that she previously served on Proterra’s board and held over a million dollars worth of stock in the company even after she was confirmed as the head of Biden’s Energy Department.
Biden has heavily promoted Proterra throughout his presidency, at one point saying the company would help America own “the future” if it kept on track. Three months into his presidency, Biden held a virtual tour of the electric bus company’s South Carolina factory to promote his $1.9 trillion infrastructure plan.
Further, Vice President Kamala Harris and Transportation Secretary Pete Buttigieg teamed up in December 2021 to promote Proterra at an event where the company’s buses were used as a backdrop.