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Fisker Auto Lands $529M Gov't Loan For Electric Vehicle

Saturday, September 26, 2009


As we have commented before, we think the Fisker Automotive is the real deal, while Tesla is a pretender in the electric auto biz. So we are stoked to see that Fisker got a $529M U.S. government loan to help build a hybrid sports car. Tesla had seen a $465M government loan.

Fisker said most of its DOE loan will be used to finance U.S. production of a $40K family sedan that has yet to be designe...


Original article from http://www.pheedcontent.com/click.phdo?i=cdb23af47ae09772f07deb8bae6e1079
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