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DOE Closes $529M Loan to Fisker Automotive

Green Car Congress

The loan will support the Karma, a full-size, four-door sports sedan, and a line of family oriented models being developed under the company’s Project NINA program. Fisker, a startup based in southern California, expects to manufacture the Karma and Project NINA lines at a recently shuttered General Motors factory in Wilmington, Delaware.

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Update: Top 10 Electric Cars

Clean Fleet Report

General Motors has done something remarkable, enough so that we were tempted to jump them up to the top of this chart until they stumbled recently. Coda Automotive , with its warmed-over Chinese sedan, has departed, but Fisker (now Karma) Automotive has revived its high-end plug-in hybrid under new Chinese ownership.

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Fisker Karma to make public debut

Green Cars News

It is one of the most exciting and innovative green car concepts around and now the Fisker Karma Plug-in Hybrid will make its public driving debut. The vehicle will line-up during the Rolex Monterey Historic Automobile Races on August 15, some 19 months after it was initially unveiled as a concept.

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Comedy CAFE Clowns Crack Me Up

Creative Greenius

Bird Cage Liners article this morning: Asking carmakers to comply with California’s rules would be tantamount to forcing a cancer patient to “finish chemo and then go run the Boston Marathon,&# General Motors Corp. spokesman Greg Martin said. That’s priceless, Greg “I’m Not Funny Like Steve&# Martin!

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Several dozen prototypes on 15-passenger van since 2004; now in second generation development; no production plans. Fisker $80,000 Karma series luxury 50-mile range series PHEV, S Sunset convertible version.Partnering with Quantum Technologies. The electrification of the automobile is inevitable." 10/31/07 [General Motors Corp.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

" In other words, General Motors is going to lose its shirt until the Volt establishes itself in the marketplace. General Motors has sought $10.3 Wired Home Subscribe Sections Cars 2.0 "The Volt is a case study. And that means it doesnt necessarily pay the rent. It actually consumes rent when its launched."

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