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...