The Google backed hybrid delivery truck manufacturer is closing up shop very soon. After getting shot down by Department of Energy for a loan to produce its green delivery vehicles, Bright has decided that it cannot make it without the funds. Many say that the administration is skittish after the Solyndra debacle and is making potential companies jump through several hoops before ok’ing the funds. Bright has been trying to secure the loan for 4 years and despite the Dept. of energy never really saying they couldn’t have the money, Bright is crying uncle and calling it quits.
Source: Huffington Post

