$0.5bn gov loan missing for Fisker Hybrid car Factory US

Post date: Apr 15, 2012 5:14:22 PM

Update april-06-2013:

Tesla, Fisker, and what could have been:

A tale of two electric car startups

Tesla is successfully morphing into a profitable electric car maker, while Fisker is coming ever closer to stumbling, has lost its founder and hasn’t made a car since last Summer. How did these two end up in such different places?

Fisker on the other hand, seems to be nearing the final sunset of its life. Last week media reports said that Fisker had hired a law firm to advise it on bankruptcy options. It owes a loan repayment to the Department of Energy this month

source: gigaom.com

Update may-29-2012:

Fisker’s Luxury Plug-In Car Revenue Exceeds $100 Million

Fisker delivered 1,000 Karmas, priced from $103,000, in the U.S. and Europe since December, Fisker said in a statement today. Funds from private investors have reached more than $1 billion, including $174 million raised this year, Fisker said source: bloomberg.com

Fisker Karma on sale in 2012 Europe - made in EU not US fisker-monaco.com

Fisker Stops Work on Car

Factory After U.S. Blocks Loan

Fisker Automotive Inc. said it halted work on a Delaware auto factory to make plug-in sedans after the U.S. Energy Department blocked access to its federal loan, citing unmet milestones.

Fisker, behind schedule in selling its first car in the U.S., laid off 26 people in Wilmington, Delaware,

source: bloomberg.com

History: