Chinese businessman's plan produces few cars, jobs

In October 2009, GreenTech Automotive Inc.'s owner, Chinese businessman Xiaolin "Charles" Wang, unveiled four prototype cars during a flashy ceremony and promised to build a $2 billon plant in Mississippi, the poorest state ...

Electric car maker misses debt payment to Mississippi

Electric car maker GreenTech Automotive, which once planned to build 250,000 cars a year and invest $2 billion in an impoverished corner of Mississippi's Delta region, has missed a debt payment to the state of Mississippi.