By Kenric Ward | Watchdog.org Virginia Bureau
RICHMOND — Trailing Watchdog.org, the Associated Press confirmed over the weekend that an electric car company headed by Democratic gubernatorial hopeful Terry McAuliffe failed to provide a viable business plan to Virginia economic development officials.
Watchdog’s Virginia Bureau reported on Dec. 3 that GreenTech Automotive approached the Virginia Economic Development Partnership in 2009 about the possibility of locating an assembly plant in the state.
Watchdog found that VEDP was never able to get a concrete business plan from the fledgling company.
Ironically, GreenTech’s inquiry came while Tim Kaine was governor. Though both Kaine and McAuliffe are Democrats — with McAuliffe, a McLean, Va., resident, formerly chairing the Democratic National Committee — his company ended up in Mississippi, where Republican Gov. Haley Barbour brokered a multimillion-dollar incentive package for GreenTech.
Four days after Watchdog’s exclusive, ABC News and other media outlets quoted McAuliffe as suggesting that Virginia officials dropped the ball.
“They decided they didn’t want to bid on it. That’s their choice,” McAuliffe asserted.
Yet, as Watchdog originally reported and AP reiterated 12 days later, GreenTech brought no formal business proposal to either Kaine or his Republican successor, Gov. Bob McDonnell.
According to the AP story, VEDP officials expressed doubts about GreenTech’s prospects, noting that the company lacked brand recognition, had not demonstrated vehicle performance, had no federal safety or fuel-economy certification, no emissions approved from the Environmental Protection Agency, no distribution network and “no demonstrated automotive industry experience within the executive management team.”
Contact Kenric Ward at email@example.com or at (571) 319-9824. @Kenricward
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