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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. The Department plans to make additional loans under this program over the coming months to large and small auto manufacturers and parts suppliers up and down the production supply chain.

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