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Fisker Automotive to Buy Shuttered GM Assembly Plant for Project NINA Production

Green Car Congress

Fisker Automotive has selected the GM Wilmington Assembly plant in Wilmington, Delaware for production for Project NINA, the development and build of a family-oriented plug-in hybrid sedan costing about $39,900 after federal tax credits. Fisker Automotive has signed a letter of intent with Motors Liquidation Co. Earlier post.).

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DOE Closes $529M Loan to Fisker Automotive

Green Car Congress

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. The DOE had awarded a conditional $528.7-million million loan to Fisker in September 2009. The Karma is scheduled to appear in showrooms in late 2010.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

Around the same time, however, General Motors and other automakers were in the process of decommissioning their battery EV fleets, the key component of V2G. The pair made major contributions to the propulsion system for the Impact , a battery-powered concept car that AeroVironment built under contract for General Motors.

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

Green Car Congress

The purchase funds for Fisker would in theory go directly to the DOE since the government agency loaned the auto company a large sum of money before it stopped production more than a year ago. However, the stipulation is an issue that’s caused other buyers to pull out of purchasing the company.

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