• richard avatar Richard Posted: 3/25/2010 9:47am PDT

    @Carlo: as much fun as conspiracy theories are to promulgate, they usually end up making the theorist sound crazy and/or bitter. Rather than accuse you of being either, I'll just say this: I've had waaaaay too much experience dealing with grants and granting agencies on local, state, and federal levels. And as annoying and bureaucratic and Kafka-esque as they can all seem, there's one thing that most agencies do right: they award grants based on the merit of applications, not on the fact that they have a pot of money that needs to be disbursed.
    .
    V-Vehicle's case is exemplary: the DOE rejected the company's application because they said that they didn't think V-Vehicle is viable. Rather than hand over $320 million to a doomed enterprise, they've held onto it. Eventually, that money will go toward a company with a stronger application, or it'll go back into a general fund. Doesn't that sound more responsible?
    .
    And you can't really argue that "independent" companies didn't get any of the DOE money. I mean, Tesla and Fisker are both start-ups, and both fit the indie bill.

  • carlo Posted: 3/25/2010 7:54am PDT

    There was enough money to help every single one of the car companies that applied. The administrators applied their interpretations of the law in order to benefit the large lobby group-related firms and avoided every one of the “politically unconnected “independent American companies. The companies staff that felt that Matt Rogers, Lachland Seward and the ATVM people lied to them include: Aptera Motors, Bannon, BioTrike, Brammo, Bright Auto, VVC, Eco Motors, Electric Motors, ElectroRides, Electrovaya, ETS, EV Innovations, Futuris, Limnia, Magna, Pheonix, Revolution, Smart Earth, Vextrix, Wrightspeed, XP, Zap and a group of others currently seeking a class action law firm.

  • carlo Posted: 3/25/2010 7:53am PDT

    (Please re-post this as a community service)
    Less than 20 car companies (The ATVM people say there were tons of applications but only a handful were car companies) applied for $25 BILLION DOLLARS in taxpayer money managed by a certain smug group of people at DOE in order to get loans to make green cars for Americans. This was not all of DOE that did bad things, just a private cadre of men led by Lachland Seward and Matt Rogers and his McKinsey “Partner” who flew back and forth to their homes in Silicon Valley every weekend on the taxpayer dime.