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DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

Green Car Congress

SEPTEMBER 22, 2009

million conditional loan to Fisker Automotive for the development of two lines of plug-in hybrids—the Karma and the new Project Nina vehicle—by 2016. million ATVM loan for Fisker’s Project Nina—the design, engineering and assembly of Fisker Automotive’s next-generation plug-in hybrids, starting at about $39,900 after tax credits.

Fisker 199
Fisker Karma PHEV Columbus 199
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Fisker receives huge funding boost

Green Cars News

SEPTEMBER 22, 2009

Both cars must be delivered by 2016. The second stage of the project will see $369.5million go towards Fisker’s Project Nina – this is the design, engineering and assembly of the company’s next generation plug-in hybrids which will start at around $39,900 after tax credits. Here is how the loan will work.

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Fisker Karma Columbus Tax Credit 32
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