DOE Completes $529 Million Loan to Fisker

Fisker Automotive secured a key $528.7 million federal loan for the development and production of two lines of plug-in hybrid electric vehicles. The loan will support the Karma, a full-size, four-door sports sedan, and a line of family oriented models being developed under the company’s Project NINA program. The California-based will use $169.3 million to […]