Troubled California-Based ECOtality Eyes Bankruptcy

By: Associated Press Email
By: Associated Press Email

PHOENIX (AP) - An electric car-charging company that operates more than 600 charging stations in Arizona may be on the verge of shutting down.

KPHO-TV reports that the San Francisco-based ECOtality recently disclosed a myriad of problems with the SEC. The company says it may need to file for bankruptcy because it has had trouble finding additional funding.

It has also had to pay $855,000 in back wages and damages to settle U.S. Labor Department claims that it violated the Fair Labor Standards Act and Davis-Bacon Act.

ECOtality says it installed more than 13,000 home and commercial charging units.

A company spokesman says no final decision on its future has been decided, but that could happen in the next 10 days.

ECOtality was based in Arizona until 2010.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 223761401 -
Gray Television, Inc.