http://www.energyefficiencynews.comAfion Media LtdFisker Automotive to build electric cars at former GM plant<p>US Vice President Joe Biden announced yesterday that California electric carmaker <a
rel="external"
href="http://www.fiskerautomotive.com/">Fisker Automotive</a> is to re-open a former General Motors plant in Wilmington, Delaware to produce plug-in hybrid vehicles.</p>
<p>Last month, Fisker received was awarded a $528.7 million loan from the Department of Energy to start development on two lines of plug-in hybrid vehicles.</p>
<p>A $359 million portion of that loan will now be devoted to reviving manufacturing at the GM Boxwood plant. By 2014, Fisker estimates that it will be building 75,000-100,000 mass-market plug-in hybrid sedans at the plant.</p>
<p>The plug-in hybrid sedans will be powered by a lithium-ion battery and a generator powered by an efficient gasoline engine. The combined range will be around 300 miles and the battery will be rechargable overnight.</p>
<p>“Thanks to a real commitment by this Administration, loans from the Department of Energy, the creativity of US companies and the tenacity of great state partners like Delaware – we’re on our way to helping America’s auto industry reclaim its top position in the global market,” said Vice President Biden.</p>
<p>For further information:<br />
<a
rel="external"
href="http://www.fiskerautomotive.com/">www.fiskerautomotive.com/</a></p>
<p>Related stories:<br />
<a
rel="external"
href="http://www.energyefficiencynews.com/i/2437/">Electric carmaker Fisker receives $528 million government loan (28-Sept)</a><br />
<a
rel="external"
href="http://www.energyefficiencynews.com/i/2411/">US Government loans Ford $5.9 billion to produce fuel efficient cars (18-Sept)</a><br />
<a
rel="external"
href="http://www.energyefficiencynews.com/i/2204/">US Government loans $8 billion to Ford, Nissan and Tesla for advanced vehicles (25-Jun)</a></p>
http://www.energyefficiencynews.com/policy/i/2529/
2009-10-28T00:00:00-00:00Transport, road, fuels, US policy, Fisker Automotive, plug-in hybrid electric vehicles, electric cars, PHEV