Photo: Michael Graham Richard
Big News for Plug-In Hybrid Maker Fisker Automotive
First, Tesla got a low-interest loan ($465 million) from the Department of Energy (DOE), and now it’s Fisker’s turn. Energy Secretary Steven Chu announced a $528.7 million (!) conditional loan for the development of two lines of plug-in hybrids. The DOE says that “the project will result in approximately 5,000 jobs created or saved for domestic parts suppliers and thousands more to manufacture … Read the full story on TreeHugger