Ecotality selling assets for $4.3 million
October 16, 2013 Leave a comment
Ecotality, the bankrupt electric car-charging company, has said it will sell its assets to a trio of buyers for $4.3 million.
AZCentral reports the company, which received more than $100 million in federal stimulus funds to install electric-car charging stations in a number of states, drew three bids in an auction for its assets such as the network of those charging stations. Ecotality started in Phoenix before it moved its headquarters to San Francisco in 2010. (Phoenix Business Journal)