EV developer finds bank partner (Silicon Valley)

Robert Garzee’s mission through his company, Synergy EV Inc., and the consortium called the Electronic Transportation Development Center has been aimed at making San Jose, California, a leader in advanced transportation technology.

But a Union Bank lawsuit and the start of a banking relationship with Wells Fargo Bank made the difference for Garzee between going under altogether and finding a new home where he can continue to champion the development of green vehicles and alternative fuels.

Read more about the saga and about Garzee's efforts to land $4 million in grants from the California Energy Commission that would fund a variety of initiatives, including the development of electric-powered school buses and refuse trucks that would be built in San Jose, and a solar refueling station. Portfolio.com has the story.