You are here[HOT] Two competitor hybrid car plants EB-5 projects in the works in Alabama and Mississippi?

[HOT] Two competitor hybrid car plants EB-5 projects in the works in Alabama and Mississippi?


By eb5attorney - Posted on 03 October 2009

The plant project in Alabama:

http://www.fox10tv.com/dpp/news/local_news/baldwin_county/big_day_for_hk...

http://www.google.com/hostednews/ap/article/ALeqM5iyjeSFKQLRI4fOTYyF_rvA...

http://www.wkrg.com/alabama/article/will-the-hk-plant-really-be-built/38...

http://www.wkrg.com/alabama/article/hybrid-plant-coming-to-sweet-home-al...

A competitor plant project in Mississippi

http://www.wmgta.com/press.html

http://earth2tech.com/2009/10/06/after-a-bitter-feud-hybrid-car-startup-...

It appears the two Chinese businessmen who are competitors are planning similar hybrid car projects.

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Will the above EB-5 projects really be able to take place based on EB-5 investors' funds? We do not have all the facts to comment, but if it does take place, it surely will be the largest EB-5 projects so far. One thing is probable: only one company will survive.