DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs
Green Car Congress
SEPTEMBER 22, 2009
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.