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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. In the first stage of the program, Fisker Automotive will use a $169.3 Fisker estimates production of up to 75,000-100,000 of these plug-ins in the US per year beginning in late 2012.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Partnering with Alcoa, Duke Energy, Google.org, Johnson Controls Indiana startup plans to unveil vehicle May 2009 at EVS-24 in Norway; mass production in 2012. Fisker $80,000 Karma series luxury 50-mile range series PHEV, S Sunset convertible version.Partnering with Quantum Technologies. Ford Escape PHEV-40 around 2012.

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