EV Charging Station Maker Ecotality Files For Ch. 11 Bankruptcy, Potential Asset Sale

EV charging system maker Ecotality has filed for Chapter 11 bankruptcy protection from its creditors, saying that it wants to sell its assets in an auction. The Associated Press is reporting that Ecotality might be forced to sell or file for bankruptcy after the U.S. government suspended payments as part of the Department of Energy EV Project. Ecotality, based in San Francisco, makes charging and power-storage systems for electric vehicles under the Blink and Minit Charger. It also makes charging stations for Nissan’s Leaf brands, and provides testing services for government agencies, auto makers and utilities. The company now says that it would prefer to sell its assets through a court approved bankruptcy auction.

Read more
  • Jalop1991 This is easy. The CX-5 is gawdawful uncomfortable.
  • Aaron This is literally my junkyard for my 2001 Chevy Tracker, 1998 Volvo S70, and 2002 Toyota Camry. Glad you could visit!
  • Lou_BC Let me see. Humans are fallible. They can be very greedy. Politicians sell to the highest bidder. What could go wrong?
  • SPPPP Vibrant color 9 times out of 10 for me. There may be a few shapes that look just right in metallic gray, for example. There are a few nices ones out there. And I like VW "White Silver". But I'd usually prefer a deep red or a vibrant metallic green. Or a bright blue.
  • 28-Cars-Later Say it ain't so, so reboot #6* isn't going to change anything?[list=1][*]V4-6-8 and High "Tech" 4100.[/*][*]Front wheel drive sooooo modern.[/*][*]NOrthSTARt.[/*][*]Catera wooooo.[/*][*]ATS all the things.[/*][*]We're *are* your daddy's Tesla. [/*][/list=1]