Well today should be entertaining, I'm not sure if it's particularly relevant that I decided to register here and begin blogging the day after Ecotality has filed for bankruptcy. Sadly it appears that this government funded effort is more or less going to be a complete "Fail" - rumors (although well founded) have been running rampant in regards to the poor quality of the charging stations - that they basically do not work. In the bankruptcy what assets there are will be auctioned off and sold. Knowing some of the people involved in the company and where the units were actually made, it seems in all likelihood the company is probably worth zero, although it might be interesting if they could auction off the "shell" public company of ECTY.
What also got me was the announcement I read over at Yahoo finance that the Fisker loan was being put up for sale. Fisker is the poster child for chaos - these guys have been promising cars for how many years and only delivered a handful.
Past 24 hours has basically been a "one two" punch in the face for anyone following the EV business in Greentech.
C'est la vie.
