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Fisker Secures $115.3M in Private Equity Funding; Necessary to Access $528.7M DOE Loan

Green Car Congress

million in private equity funding to develop plug-in hybrid cars. million US Department of Energy conditional loan that will, in part, help speed completion of the Fisker Karma, the company’s first plug-in hybrid. Fisker Automotive last week secured access to an additional $115.3 Earlier post.). Earlier post.).

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DOE Closes $465M Loan to Tesla Motors

Green Car Congress

It will help build a customer base and begin laying the foundation for American leadership in the growing electric vehicles industry. This is part of a sustained effort to develop and commercialize technologies that will be broadly deployed throughout the American auto industry. Earlier post.). Energy Secretary Steven Chu.

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

About CalCars Plug-In Hybrids FAQ How to Get a PHEV Where PHEVs are Car-Makers Say. Until then, we also recommend you look at the FAQ at the Climate Progress Blog and the FAQ by Hybrids-Plus , an after-market converter of hybrid cars, for answers to many questions! What Are Plug-In Hybrids (PHEVs)?

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

Two German investors, Ingo Voigt and Fritz Nol, announced their intent to buy Fisker Automotive, the failing plug-in hybrid car company, on 11 September. The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new auto industry jobs in the United States.

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