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

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.

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

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.

Read more