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more about #departmentofenergy more comments → MaWeiTao: I thought Fisker was a Finnish company. Why aren't they providing the loan? But then I see Fisker is based in California, no doubt to benefit from US... more » HoonThatFerrari: I like the lines of the Panamerikarma... wonder how their electro-box will look? I'm not a big fan of their proposed price tag, though - nor that of t... more » NiceNurseRatched: A half-billion dollars - ARE YOU FUCKING KIDDING ME??? I pay six figures a year in taxes for this bullshit!!! The assholes in Washington are taking ... more » jodark: Might as well call this company Associated Steel run by Orren Boyle. What a fucking waste. more » Captain Liverspots: If you people think $39,900 is expensive, wait 'til you see the price tags on projects PINTA and SANTA MARIA. more » Timtoolman, sporadically speaking: Friggin' money pit. How about giving it to GE or someone with a history of success? more » VeeArrrSix: Where the fuck does all this govt. money come from? Where will the electricity come from? Who the fuck will pay 40k for a golf cart? /facepalm more » PowerTryp, Starless wonder.: $39,900? Low cost? Maybe for his usual clients. more » koolykool44: Hopefully this wont be like GT5 where it looks stunning....but never comes out more » akirachan: This is a loan, not a give-away, correct? So in what way is Fisker supposed to pay the loan back? If it's like the record industry, you will never rec... more » Big McLargehuge: I like how they consider 39,900 to be 'low cost'. Further evidence that the government may as well be on another planet. Totally disconnected from the... more » Maxichamp: I'm a tax-and-spend liberal AND a greenie and even I find this disgusting. more » superbadd75, now I remember why I left...: I love to see my tax money being pissed into a hole, never to be seen again. I swear to anyone that listens, I will not vote for one damn incumbent fo... more » lilwillie: $528 Mil? DAAAAAAMMMMMN. Did I ever tell you guys that I planned on making a Edsel hybrid for mass production? Where do I sign up for the tax payer mo... more » sos10: It is only fair to help all companies and not just the few. Just wait and see, soon, Ford will need money too. more » -
#industrynews
Fisker Granted $528 Million Loan By Feds To Develop “Low-Cost” Plug-In Hybrid
The DoE just gave Fisker a $528 million loan, part of which will bring the Fisker Karma to market in 2010, while most will go to Project NINA, a $39,900 (after tax credits) plug-in hybrid. [Fisker] -
#ifeelgassy
Tesla Gets Full $465 Million In Federal Loans
The Department of Energy just announced electric automaker Tesla will get the full $465 million in Federal loans it asked for. Ford will receive $5.9 billion and Nissan will get $1.6 billion. America will get three I.O.U.'s. [AP]

