Virginia voters have swept Terry McAuliffe into the dustbin of political history, so one might reasonably ask if there is any point in re-hashing more of the GreenTech Automotive story than Bacon’s Rebellion has already detailed in a recent five-part series. The answer is yes. One part of the tale is still worth retelling — how employees of the Virginia Economic Development Partnership (VEDP) acquitted themselves when confronted by the GreenTech Puffery machine. — JAB
by Carol J. Bova
Terry McAuliffe’s proposal in 2009 to build an electric-vehicle manufacturing facility in Virginia did not come through normal economic-development channels. The idea landed first in Governor Tim Kaine’s policy shop, which forwarded it to the state’s economic-development professionals at VEDP.
McAuliffe was spinning his plan to build hybrid and electric vehicles as a potentially multibillion-dollar economic-development opportunity. While approaching Virginia, however, GreenTech officials also were engaged in talks with Mississippi about locating an electric-vehicle manufacturing plant in the Magnolia state. The apparent goal was to get the two states into a bidding war over incentives. Continue reading