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

Green Car Congress

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. billion for Ford Motor Company; $1.6 and $465 million to Tesla Motors. The second stage includes a $359.36-million Earlier post.).

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Fisker receives huge funding boost

Green Cars News

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. Fisker hopes to make 75,000-100,000 of these plug-in vehicles a year beginning in late 2012.

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