Proterra, the electric bus company repeatedly celebrated by the White House, filed for bankruptcy Monday, citing market headwinds as the cause of its financial struggles.
Fox News White House correspondent Jacqui Heinrich has the latest on President Biden's controversial energy agenda on 'Special Report.', filed for bankruptcy Monday, blaming various market"headwinds" for its financial struggles.under the U.S. Bankruptcy Code in the District of Delaware to"strengthen its financial position.
"While our best-in-class EV and battery technologies have set an industry standard, we have faced various market and macroeconomic headwinds, that have impacted our ability to efficiently scale all of our opportunities simultaneously," he added.
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