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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. This is the fourth conditional loan commitment the Department of Energy has entered into under the Advanced Technology Vehicles Manufacturing (ATVM) Loan program. Earlier post.)

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A123 Systems Signs Multi-Year Li-ion Battery System Supply Agreement With Fisker Automotive, Intends to Invest Up To $23M in Fisker

Green Car Congress

A123 Systems has entered a battery supply agreement with Fisker Automotive to supply battery systems for the Fisker Karma Plug-in Hybrid Electric Vehicle (PHEV). The multi-year agreement provides that A123 is the selected battery system supplier for the Fisker Karma. facility with production slated to commence later this year.

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China EV maker Seres adjusts U.S. plan to fit reality

China EV

It aims to be both a contract manufacturer at its U.S. Seres is the new name – and brand name, it seems — for the vehicles produced by SF Motors, which is a subsidiary of Sokon Industrial Group, a large privately-owned manufacturer in China. vehicle manufacturing for the time being. “We is on hold for now, he says.

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Update: Top 10 Electric Cars

Clean Fleet Report

Tesla is described as disruptive technology, but in reality the company has done what auto companies have done for a little more than a century—build great cars and match them up with owners who appreciate them. for 2016, followed by the Model X. Henrik Fisker has vowed to return with his own California-themed model under his own name.

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Next pickup for Nissan and Mitsubishi may get PHEV, EV versions

Baua Electric

Nissan and Mitsubishi have been corporate allies since 2016, and the current-generation Nissan Rogue and Mitsubishi Outlander crossovers use a common platform. This latest news comes just after Fisker confirmed a partnership, allegedly with Nissan, to manufacture and share its Alaska electric pickup has dissolved.