The Indiana-based plug-in hybrid light commercial vehicle start-up Bright Automotive is reported to have confirmed on 28 February that it will wind down its operations, following its failure, after three years of trying, to secure a US Department of Energy loan on which its manufacturing launch depended. Bright Automotive Subscribe to Automotive World to continue … Continued
The Indiana-based plug-in hybrid light commercial vehicle start-up Bright Automotive is reported to have confirmed on 28 February that it will wind down its operations, following its failure, after three years of trying, to secure a US Department of Energy loan on which its manufacturing launch depended.
Bright Automotive
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/92303-us-revised-doe-loan-terms-close-bright-automotive/
Join our LinkedIn Group
Let us help you understand the future of mobility