Electric-Car Firm That Got Biden Visit, $118M in Stimulus, Files for Bankruptcy

January 26, 2012 - 7:40 PM
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Ener1--a company that manufactures batteries for electric cars, and that received $118.5 million in federal stimulus money, and that Vice President Joe Biden visited last year the day after President Obama’s State of the Union Address—announced today that it has filed for Chapter 11 bankruptcy protection.