stimulus

Electric Car Battery Company Files Bankruptcy
4:28 pm
Thu January 26, 2012

Indiana-Based Electric Car Battery Manufacturer Files for Bankruptcy

Ener1, an Indianapolis-based company that received millions of dollars in federal stimulus funding, wants a Federal Bankruptcy Court in New York to approve a debt-restructuring plan. The company develops batteries for use in electric vehicles, but has reportedly faced major financial problems in recent months.

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