DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs
Green Car Congress
SEPTEMBER 22, 2009
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. While the final assembly of the Karma will be done overseas, more than 65% (based on cost) of the parts required for Karma will come from US suppliers. The second stage includes a $359.36-million
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