Jump-Start Electric Car Market Via Buyers, not Automakers: View
This article is for subscribers only.
Much has been made about the U.S. government’s botched $535 million in loan guarantees to Solyndra LLC, the California solar-panel maker whose business imploded, leaving taxpayers burned.
Less known is that the government, in its quest to spur investment in environmentally friendly vehicles, has been handing out essentially free money to well-known companies that don’t seem to need cheap credit.