Fisker, Gore, Finland, Oh my. All these Rumors sure do Fly. Let’s start with the most highly publicized article on the topic. In the Wall Street Journal…
Just as one EV automaker has announced the loan that will be the life blood of it’s new product line. Yet another has chosen to concede before they even really got started. Yesterday, Canadian EV automaker Zenn announced that plans for a new “high-speed” EV have been canceled. There is even talk that production of [...]
Fisker Automotive has received a conditional loan of $527M to build affordable, fuel-efficient plug-in hybrid cars. Pictured here is the company’s first car, the Fisker Karma.
- Funds awarded to develop affordable plug-in hybrids made in USA
- At least 5,000 direct and indirect US jobs to be created or saved
- An estimated 821 million gallons of gasoline will be saved and 8 million tons of CO2 offset from sales of Fisker plug-in hybrids through 2016
Fisker Automotive’s Russell Datz, explains why after so many years of ineffective attempts by American start-up car manufacturers to compete against the big three, that this time it’s different.
The latest reports from both the AlwaysOn Going Green conference in Sausalito, Calif. and from the Frankfurt Motor Show confirm that Fisker Automotive is targeting a sub $40,000 hybrid by 2012.
At the AlwaysOn Going Green conference Ray Lane of Kleiner Perkins investor, and former President of Oracle, hinted that one of their clients is developing a new [...]