Thursday, April 29, 2021

'Worse than Solyndra': Republicans Press for Information on Biden Admin's Favorite Electric Battery Company

Republican senators are working to make the electric battery company President Joe Biden toured to promote his $1.9 trillion infrastructure plan this administration's Solyndra.

Biden's promotion of electric battery and bus manufacturer Proterra has struck a nerve on Capitol Hill after the Washington Free Beacon.

Sen. Ted Cruz says the conflict of interest created by Biden's visit has the potential to be "Even worse than Solyndra," the solar panel company that went bankrupt after receiving hundreds of millions of dollars in government-backed loans from the Obama administration.

The overt promotion of Solyndra bears resemblance to the current treatment of Proterra, which in the first hundred days of the Biden administration won a visit by the president as well as a visit by Vice President Kamala Harris to one of its largest partners.

Biden predicted during his virtual visit that companies like Proterra were "Going to end up owning the future." Biden also promised the company he would return for an in-person visit in the near future.

Barrasso is asking for details on the status of Granholm's investment, as well as all information regarding the planning of both Biden's tour of Proterra and Harris's trip to Thomas Built Buses, the Proterra partner organization.

Brian Deese, whom Biden appointed director of the National Economic Council, joined the president on his tour of Proterra and said the infrastructure plan would direct money to the company, pointing to both the $45 billion set aside to make the country's buses electric and $32 million to boost electric battery manufacturers.

https://freebeacon.com/biden-administration/worse-than-solyndra-republicans-press-for-information-on-biden-admins-favorite-electric-battery-company/ 

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