The sad long story of Fisker Automotive, ‘the largest VC-backed debacle in U.S. history’

"Fisker spent a stunning $900,000 for each vehicle it produced," PrivCo chief executive Sam Hamadeh told me. "Then they sold them to dealers for an invoice price of just $70,000."

U.S.-backed electric car maker Fisker misses early goals, delays production

Government-backed electric car company Fisker Automotive is delaying plans for production after missing its early manufacturing goals. According to a report by the Washington Post, the delays are being blamed on regulatory issues, and the company is brushing off any …

John Doerr: Cleantech will suffer unless U.S. can “put partisan bulls–t behind us”

A wave of anti-science sentiment in the U.S. government — through the lens of ignoring global warming and a reliance on fossil fuels — could hamper  innovation in the clean technology space, Kleiner Perkins Caufield & Byers partner John Doerr …

Plunging solar panel prices claim first victim: Solyndra files for bankruptcy

A glut of photovoltaic solar panels on the market has caused solar cell manufacturer Solyndra to go under. The company filed for bankruptcy and laid off 1,100 workers this morning.

The company makes cylindrical solar rooftop systems and is a …