GreenTech Automotive Files for Bankruptcy

GreenTech Automotive Files for Bankruptcy Electric car venture once led by Democratic hopeful Terry McAuliffe runs out of juice By Becky Yerak Updated Feb. 27, 2018 7:11 p.m. ET GreenTech Automotive Inc., an electric car maker co-founded by former Virginia Gov. Terry McAuliffe, has filed for bankruptcy, seeking protection from creditors after having raised $141.5 million from hundreds of investors under a program allowing immigrants to qualify for permanent U.S. residency. The car maker, which had a manufacturing plant in Mississippi but was based in northern Virginia, filed for chapter 11 protection Monday in U.S. Bankruptcy Court in Alexandria, Va. … Copyright ©2018 Dow Jones & Company , Inc. All Rights Reserved. <path d=”M18.2 17.2c-.7 0-.7-.2-1-1.4L14.5 4.2h-.2l-2.7 11.3c-.3 1-.4 1.5-.7 1.7h-.4c-1 0-1-.2-1.3-2L5.6 0h-.3L1.7 14.8C1.2 17 1.2 17 0 17.2v.4h4v-.4h-.4c-1.6 0-1.6-.3-1-2.6L3 12h3.2l.8 3.4c.3 1.4.4 1.6-1 1.7h-.4v.5H13v-.3H13c-1.3 0-1.3-.2-1-2l.4-1.4H15l.5 2c.2 1.2.3 1.4-.8 1.4h-.3v.3h4v-.3h-.2zm-15-6l1.5-6 1.3 6H3.3zm9.4 1.7l1-4.8L15 13h-2.

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