Solyndra Critic Support Fails to Win U.S. Loan for Carmaker
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The support of House Energy and Commerce Committee Chairman Fred Upton, a critic of U.S. Energy Department lending, failed to win the startup carmaker Carbon Motors Corp. a loan to develop fuel-efficient police cars.
Upton, a Michigan Republican who is investigating U.S. financing for failed solar-panel maker Solyndra LLC, hosted a forum last year to connect his state’s suppliers with Connersville, Indiana-based Carbon Motors after talking with one of its engineers at a wedding.