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

Green Car Congress

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. In the first stage of the program, Fisker Automotive will use a $169.3 The US Department of Energy is awarding a $528.7-million Earlier post.) The second stage includes a $359.36-million

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A123 Systems Signs Multi-Year Li-ion Battery System Supply Agreement With Fisker Automotive, Intends to Invest Up To $23M in Fisker

Green Car Congress

A123 Systems has entered a battery supply agreement with Fisker Automotive to supply battery systems for the Fisker Karma Plug-in Hybrid Electric Vehicle (PHEV). The multi-year agreement provides that A123 is the selected battery system supplier for the Fisker Karma. Project Nina is expected to launch in 2012. Investment.

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Update: Top 10 Electric Cars

Clean Fleet Report

for 2016, followed by the Model X. The roomy Model S luxury sedan now starts at about $90,000 with a 100 kWh battery pack and all-wheel drive, offering 405 miles of range. Take the Mach-E battery pack and drop it into the best-selling Ford Transit commercial vehicle and the E-Transit enters the last-mile delivery market.