High-end hybrid carmaker Fisker Automotive has stopped work at its Delaware Project Nina plant and laid off 66 workers, and is renegotiating its $529 million Department of Energy loan amidst news that it has been blocked from accessing the money since May.
It’s bad news for Fisker on top of bad news that’s been filtering out for months. The Anaheim, Calif.-based startup has continually delayed the sale of its Fisker Karma plug-in hybrid sports car.
Fisker Automotive has stopped work at a former General Motors auto plant in Delaware where it plans to build Project Nina, a family-size plug-in hybrid that is expected to sell for about $50,000. Read Post
The 2012 Fisker Karma plug-in hybrid (Credit: Fisker Automotive) Fisker Automotive has laid off workers as it tries to unlock more of the $529 million Department of Energy loan it's using to produce its vehicles. So far, Fisker has ... Read Post