News and Commentary

Biden Champions Electric Vehicle Company That Energy Sec Has Millions In

Hank Berrien
Biden Champions Electric Vehicle Company That Energy Sec Has Millions In
Jim Watson-Pool/Getty Images

While President Joe Biden and Vice President Kamala Harris push their climate agenda, their effort to drum up support for electric vehicles has raised ethical questions vis-à-vis Energy Secretary Jennifer Granholm, who holds millions of dollars in vested stock options in Proterra, the leading U.S. manufacturer of electric buses and the manufacturer of a myriad of products related to electric vehicles.

On April 20, Biden took a virtual tour of Proterra, where Granholm had served on the board. He told Proterra’s CEO, Jack Allen, “Chairman, let me say something quickly to you. The fact is you’re making me look good. I used to have a friend that said it’s always great to do well and do good — you’re doing both pal. You really are.”

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