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

Green Car Congress

The second stage includes a $359.36-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. Fisker says that Project Nina—inspired by the ship belonging to explorer Christopher Columbus—is symbolic of the automobile industry’s transition from old world to new.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

BYD BYD Automobile Company, Shenzhen, China (partially owned by Warren Buffets Mid-America Holdings) Plan F6DM $22,000 PHEV with 60-mile range for sale, starting in China in 2009, in the US around 2011 Chrysler ENVI division developing Town & Country minivan, 200C EV concept and Jeep Patriot and Jeep Wrangler Unlimited SUVs, EREVs (series hybrids) with 40-mile range One PHEV planned for sale in US by end of 2010, others by 2013. By partnering with these two industries.

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