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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. million ATVM loan for engineering integration costs as it works with primarily US suppliers to complete the company’s first vehicle, the Fisker Karma. Earlier post.) Earlier post.).

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Are You Plugged In?

Revenge of the Electric Car

Answer: Tesla already is making the fully electric sports luxury Roadster; Nissan will manufacture the five-passenger all-electric Leaf from late 2010; Fisker will make the first deliveries of its luxury Karma later this year; and GM’s Chevrolet Volt is a four-passenger hatchback due at some dealerships later this year. General Motors.

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