DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs
Green Car Congress
SEPTEMBER 22, 2009
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. The US Department of Energy is awarding a $528.7-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.