Greentech, the electric car company that shut down its plant in Mississippi last year, filed for Chapter 11 bankruptcy this week. Greentech Automotive, founded by former Va. Gov. Terry McAuliffe, lists among its debts $4.8 million owed to the state of Mississippi and Tunica County, which offered economic development incentives to entice the car company to locate its manufacturing facility here.

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Electric carmaker given incentives to locate in Tunica County files for bankruptcy

by Dennis Moore, Mississippi Today
February 28, 2018

<h1>Electric carmaker given incentives to locate in Tunica County files for bankruptcy</h1> <p class="byline">by Dennis Moore, Mississippi Today <br />February 28, 2018</p> <p>Greentech, the electric car company that shut down its plant in Mississippi last year, filed for Chapter 11 bankruptcy this week. Greentech Automotive, founded by former Va. Gov. Terry McAuliffe, lists among its debts $4.8 million owed to the state of Mississippi and Tunica County, which offered economic development incentives to entice the car company to locate its manufacturing facility here.</p> <p><a href="http://www.richmond.com/news/local/government-politics/greentech-the-electric-car-company-once-led-by-mcauliffe-files/article_bf83ede4-ae12-5561-ad3b-b0a29c2b0984.html">Read the complete story here.</a></p> <p>This <a target="_blank" href="https://mississippitoday.org/2018/02/28/electric-carmaker-given-incentives-locate-tunica-county-files-bankruptcy/">article</a> first appeared on <a target="_blank" href="https://mississippitoday.org">Mississippi Today</a> and is republished here under a Creative Commons license.<img id="republication-tracker-tool-source" src="https://mississippitoday.org/?republication-pixel=true&post=134432&ga=UA-75003810-1" style="max-width:200px"></p> Copy to Clipboard

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