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The Carbon Motors E-7 police pursuit vehicle (autoblog)
The only Carbon Motors police pursuit vehicle ever built will go to the auction block in January. The proceeds will go to the liquidated company's creditors according to USA Today.

The E-7 was to be the first purpose-built police cruiser. Featuring technology such as an automatic license plate recognition system, touchscreen computers and shotgun mounts the E-7 was touted as the ultimate crime fighting machine. Carbon claimed to have taken orders for more than 23,000 of the cars from over 600 agencies.

There were high hopes for the company as recently as a year ago when, In December 2012, they announced plans to build the supercar police cruisers in an empty eastern Indiana auto-parts plant.

Then the delays began. The company failed to obtain a grant worth $310 million from the energy department to build the biodiesel cars. The Indiana Economic Development Corporation stepped in with $2 million in grant money, along with the city of Connersville, Ind., which chipped in another $5 million. It was too late.

Six months later, Carbon Motors announce bankruptcy, with more than $21 million in debt and a mere $18,976 in assets. The 1,300 jobs promised by Carbon for the struggling Midwestern town failed to materialize. While Key Auctioneers are very hopeful the rare car will sell well, the municipal grant monies awarded to Carbon Motors are gone for good.

Carbon Motors E7 Police Cruiser: TRANSLOGIC 128

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    • 1 Second Ago
      • 1 Year Ago
      The grant from dept of energy probably stalled out when it was becoming front page news about Solyndra, Fisker, the other green companies and the train wreck called obummercare was trying to leave the train station and it was known the administration was going to take the blame, FINALLY for one of the many things they have failed at and didn't want to have another potential skeleton on their back. Probably a good thing they didn't give them the money but not sure why they wouldn't have, they give it to everyone else they like. Guess they weren't buddies with these people or maybe the people buidling these cars didn't donate to mr O's campaign.
      • 1 Year Ago
      Every failed venture spurns three !....fact !
      • 1 Year Ago
      Root cause? There was no money for the Government Grant because it had already been squandered: 1. July 2011: The Administration touts Hybrid battery maker A123 Systems and provides $249M in loan guarantees. 10/16/12 They file for bankruptcy. 2. Fisker Automotive, granted a $529M loan grant, for vehicles scheduled to be built OUTSIDE THE UNITED STATES. They eventually went under. Luckily, someone in the US Gov't had the brains to freeze the loan funds after just under $200M were wasted. 3. Battery maker ENER1 blew through half of a $118M Gov't loan before declaring bankruptcy. The assets of the company were scooped up by a Russian Tycoon. 4. Do I need to ever detail Solyndra? 5. Here's a bunch more of bankrupted companies provided taxpayer funds by the current Administration: Solar Trust of America, Bright Source, LSP Energy, Abound Solar, Sun Power, Beacon Power, Ecotality, UniSolar, Azure Dynamics, Evergreen Solar and others. Yet here was company with 10s of 1000s of contracts to build vehicles HERE in the US for our LE agencies to use and there was no money available?
        • 1 Year Ago
        As to your last paragraph, there was no money available for any venture that could be successful.
      Ron Wizard
      • 1 Year Ago
      Its time to wake up! The liberal Democrats aren't interested in spending taxpayer money wisely. And they aren't interested in solving any of the nation's problems with sensable legislation. The name of the game is to steal as much taxpayer dollars before they lose their positions in office or congress. By setting up bogus programs and ventures that can be easily used (by appointed Zars-to-Cronies in government) to fleece tax dollars by declaing bankrupcy or the need for bailout funds. This is the chicago mobster way (on steroids under Obama) and no one gets arested, fired, jailed or impeached. Which means there is a lot of new Liberal millionaires out there, who earned their money to old fashion way, "they stole it". And they will use those dollars during the next election cycle against you, to make sure they can steal some more taxpayer dollars if Hillary gets elected. So its not surprising this new police vehicle project and taxpayer dollars has gone up in smoke.
      • 1 Year Ago
      Only the super-rich will be getting this vehicle.
      • 1 Year Ago
      The big dogs of the automotive world made sure they didnt lose the police contracts and crushed them.
      • 1 Year Ago
      CAR 54...WHERE ARE YOU..?
      Anthony Robbin
      • 1 Year Ago
      we can make it in India or China for less
      Hello there Beth
      • 1 Year Ago
      I agree that we can probably thank the Big Three for this. Oh, and of course, the Feds.
        • 1 Year Ago
        @Hello there Beth
        Likely it was the Feds following the instructions of the Banksters.
      Ted Smith
      • 1 Year Ago
      • 1 Year Ago
      once again,,, we get to see how the idiots that are elected to office,,, love to waste the taxpayers money,,,
      • 1 Year Ago
      Always said there should be something like this instead of a family car beefed up.
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