RE:RE:Proterra Becomes Latest EV Innovator To File For BANKRUPTCYjx7000 wrote: What else is new? I lived in Van. BC in the early '90s and remember hearing about the magical and wonderful fuel-cell technology being developed by Ballard Power Systems back in the day.
We were all supposed to be riding around in fuel-cell powered cars by 2012, 2015 at the latest. Ballard received a ton of taxpayers' money, the company went bankrupt or almost did, and the CEO at that time walked away a multi-millionaire.
i think Ford and Mercedes Benz have also plowed money into ballard, and got nothing back.