Less than a year ago, Vehicle Production Group seemed a success: The startup maker had built 2,500 MV-1 handicapped vans in a year, about one-quarter of them powered by natural gas. But this past April, VPG shut down due to a cash crunch that meant it couldn't make payroll. Now, its $50 million... read more
DoE Fear After Fisker Fiasco Caused Death Of VPG, Ex-CEO Says
VPG Shuts Down; Startup Van Maker Was Backed By DoE Loans
Which Auto Startup Has Built 2,500 Cars Over The Last Year?