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Ecotality Warns of Bankruptcy

August 13, 2013 in Companies, EVs by Rich Piellisch  |  No Comments

Financial and Technical Problems Prompt SEC Filing

San Francisco-based Ecotality, bemoaning the wind-down of the U.S. DoE-based EV Project, a lack of revenue after it failed to being a new Minit Charger to market, quality problems with existing Blink electric vehicle charging installations, and labor difficulties, advised the federal Securities and Exchange Commission Monday that it may have to file for bankruptcy protection.
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