26 Oct '12, 5pm

Fisker Not A Loser?: Filed under: Transportation News AlternativeTransport

Fisker Not A Loser?: Filed under: Transportation News AlternativeTransport

Electric vehicle manufactures (EVs) have come out against Romney’s statements in the past . However, Fisker has become a favorite target and for good reason . Fisker took a low interest Department of Energy loan of $529 million. The goal of the loan was to help in the development of an EV and have the EV built in a revamped GM factory. Gas free vehicles and American jobs in the automotive sector – sounds good . Unfortunately, after pulling $193 million of the loan funds Fisker was cut off failing to meet stipulations connect to the loan. Because of this Fisker is labeled as a failed green energy loan program.

Full article: http://gas2.org/2012/10/26/fisker-not-a-loser/

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