Wednesday, September 23, 2009

Automaker Fisker Receives $528.7 Million Govt. Loan

The Energy Department will lend Fisker Automotive, a California firm that makes luxury electric vehicles, more than $500 million to develop a plug-in hybrid sports car and a new plug-in hybrid vehicle to be built in the United States.

DOE says the the Irvine, Calif., startup will be the fourth automaker to receive loans from from a $25 billion fund to develop fuel-efficient...

Visit Clean Skies for the full story.

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