ACT Expo 2018

Bright Bows Out, Blasts Chu

March 9, 2012 in Electric Drive, EVs by Rich Piellisch  |  No Comments

Of particular interest at the Work Truck Show because it was an Indiana company, Bright Automotive shut down at the end of February, and blamed the federal government’s failure to deliver on a promised loan for its demise.

The top executives of Bright, which designed an all-new battery electric work truck and had development and production contacts with GM and AM General, told DoE boss Steven Chu that they would have been better off seeking money in China.

“The ineffectiveness of the DoE to execute its [Advanced Technology Vehicles Manufacturing] program harms commercial enterprise as it not only interfered with the capital markets; it placed American companies at the whim of approval by a group of bureaucrats,” wrote Bright CEO Reuben Munger and COO Mike Donoughe. Citing the staggering expense of imported oil, they told Chu, “…having in hand a tremendous tool for progress in this critically strategic battle – a tool that drew the country’s best to your door – you failed not only in the deployment of funds from ATVM but in dissipating these efforts against not just false hope, but false words.”

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