Salinas Loses .5 Million Dollars From “Green Vehicles” Involvement

City governments need to stay out of private sector businesses.

A Salinas car manufacturing company that was expected to build environmentally friendly electric cars and create new jobs folded before almost any vehicles could run off the assembly line.

The city of Salinas had invested more than half a million dollars in Green Vehicles, an electric car start-up company.

All of that money is now gone, according to Green Vehicles President and Co-Founder Mike Ryan.

Thing is butt ugly, too.
Green Vehicles Closes
From the San Jose Mercury in 2010. Reads like a sham pitch full of eco-babble. No mention of true environmental progresses such as recyclable building materials or support for the vendors in China (!!) to improve their pollution output.

The first Triac prototypes were made in China, but the company moved manufacturing operations to California to lower its carbon footprint as soon as it got funding from the energy commission. Building the Triac in the state with the greatest market for electric vehicles will minimize the cost of transporting materials and vehicles, Ryan said.

Green Vehicles is also working on an online site that tracks the company’s greenhouse gas emissions and waste. “I want people to see these kinds of metrics,” Ryan said.

Salinas Loses .5 Million Dollars From “Green Vehicles” Involvement