Fisker Automotive is awarded $528 Million loan from the U.S. Department of Energy to build plug-in hybrid vehicles
September 22nd, 2009 admin
Posted on 09.22.2009 15:30 by Terence Keon Filed under: Fisker | hybrid cars | industry news | government | video | sports cars | cool fast cars The California based Fisker Automotive corporation has just been granted a sizable loan from the U.S. Government that will rapidly facilitate the automaker’s full scale production of plug-in hybrid electric vehicles
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The Obama administration will loan Fisker Automotive more than half a billion dollars to bring the super-luxe Karma plug-in hybrid to market and develop an “affordable” plug-in that could be on the road as early as 2012. The California startup said most of the $528.7 million low-interest loan will help finance project Nina, a four-door,...
The world may have just gotten one very big step closer to viable, affordable electric cars . Fisker Automotive and the U.S. Department of Energy have agreed to loan terms for $528.7 million to bring an affordable electric car to the mass market
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Fisker Automotive says it has selected a site in the United States for the factory that will produce the $39,900 plug-in hybrid codenamed Nina. Founder and CEO Henrik Fisker said the company has reached a deal to build as many as 100,000 of the cars annually and he will announce the specific location of the factory “soon.” Fisker...
Last week, Fisker Automotive co-founder and CEO, Henrik Fisker, said that his company would very shortly be announcing where project Nina—the company’s upcoming $48,000 plug-in hybrid—would be built. The statement led to all sorts of rumors, but speculation had been growing that the chosen manufacturing spot was a closed GM plant in...
Fisker Automotive is one of the electric car hopefuls that has won many of us over with their sleek, sexy visions of what an electric car should look like. The company has received hundreds of millions in government funding , and recently acquired an old GM plant in Delaware which they are retooling to produce their Karma plug-in sedan and an...
It’s official — Uncle Sam is lending Fisker Automotive $528.7 million to help build the super-luxe Karma plug-in hybrid and a more affordable model dubbed Project Nina. The Department of Energy announced today that it has closed a loan made through the Advanced Technology Vehicle Manufacturing Program . That’s the same program...
Last September, when the US Department of Energy announced Fisker would be getting a half billion dollars in stimulus loans to bring their vision of a plug-in future to reality, both DOE and Fisker said that the company’s first electric car — the plug-in hybrid Karma supercar — would be hitting showrooms this summer. But even with a...
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BMW Concept Gran Coupe is unveiled in Beijing, Fisker gets a massive loan from the government, Race of Champions is heading to Germany, and Volkswagen is having a contest at http://app-my-ride.volkswagen.com. Hosted by Derek DeAngelis.
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Toyota Motor Corporation in Japan has today confirmed the introduction of the Prius Plug-in Hybrid, a plug-in version of the third-generation Prius… [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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