Startup Electric Car Company Accuses Energy Department Of Corruption
21st November 2012
San Francisco-based startup XP Technology is building a lawsuit against the Department of Energy, charging it with “corruption and negligence” in the way it has handled the approval of applications for loans meant to support the production of fuel-efficient automobiles.
Unexplained: Why the government is passing out money for boondoggles like this. Or, indeed, what business the Federal government has with electric cars at all.