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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. million ATVM loan for engineering integration costs as it works with primarily US suppliers to complete the company’s first vehicle, the Fisker Karma. Earlier post.)

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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 Karma—an extended-range electric vehicle—is scheduled to be launched in late 2010. A123’s technology will ensure the Karma delivers.

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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.