Ames Alexander for Floodlight
A startup promised 45,000 EV jobs to struggling towns. They’re still waiting.
They came with promises of transformation: thousands of jobs, surging salaries, and a foothold in the booming electric vehicle market.
Imola Automotive USA, a Boca Raton, Florida-based startup, pitched officials in small, struggling towns in Georgia, Oklahoma, and Arkansas on a bold vision. The company planned to build six EV plants, create 45,000 jobs — and help these impoverished communities secure a place in America’s green future, Floodlight reports.
But over 18 months later, the company hasn’t broken ground on a single site. And its top executive — whose background is in television and athletic shoes, not automotive manufacturing — has gone silent.
A Floodlight investigat