Report: Fisker Expected to Build New Affordable Plug-In Hybrids at Former GM Plant in Delaware

Report: Fisker Expected to Build New Affordable Plug-In Hybrids at Former GM Plant in Delaware
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Having recently been awarded a $500 million loan by the U.S. government to build affordable pug-in hybrids, Fisker Automotive is expected to build those cars at a shuttered General Motors plant in Delaware. Vice President Joe Biden is expected to announce tomorrow that the California-based Fisker company will revive the Boxwood Road facility in Wilmington…. Continue Reading...

Report: Fisker Secures $500M Loan From U.S Government to Build Affordable Plug-In Hybrids

Report: Fisker Secures $500M Loan From U.S Government to Build Affordable Plug-In Hybrids
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Fisker Automotive, the company that beat both General Motors and Toyota to market with a plug-in hybrid, has been awarded a $527 million loan from the U.S. Department of Energy to develop affordable plug-in hybrids. The majority of the loan will go towards building a new generation of plug-in hybrid electric vehicles (PHEVs) that will… Continue Reading...
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