Electric Car Maker Folds, Salinas Loses $500,000 - Who'ed have thought that could happen?

I ride Moose, he is one horsepower, efficient, fast, has long endurance, goes where no car can, fueled on forage. He can be difficult to handle sometimes, however.

Sounds like they needed a Moose more like mine.

Green is now code for government scam and bilking the taxpayers.

Electric Car Maker Folds, Salinas Loses $500,000 - The Central Coast News Story - KSBW The Central Coast

[excerpt read more at the link]

The start-up company promised city leaders that it would create 70 new jobs and pay $700,000 in taxes a year to Salinas.

Green Vehicles was supposed to be up and running by March 2010 inside their 80,000 square-foot space at Firestone Business Park off of Abbot Street.

Ryan had lofty goals, listing his company's mission as: "To make the best clean commuter vehicles in the world; To manufacture with a radical sense of responsibility; To engage in deep transparency as an inspiration for new ways of doing business."

Green Vehicles designed two vehicles, the TRIAC 2.0 and the MOOSE, which it planned to manufacture.

On July 12, Ryan wrote a blog post announcing that his company was closing.
Read more: http://www.ksbw.com/money/28586219/detail.html#ixzz1SUnTn3Sj