More Plug-in Cars From Fisker Automotive

The U.S. Department of Energy has granted a loan of $528 Million to Fisker Automotive to build plug-in hybrid cars.

The loan will facilitate Fisker Automotive’s full scale production of plug-in hybrid electric cars.

The US Department of Energy has signed and agreed to the terms of a conditional totaling over half a billion dollars so that Henrik Fisker’s car company can create affordable, fuel efficient hybrid electric cars. The $528,000,000 loan will also allow Fisker Automotive CEO, Henrik Fisker to create at least 5,000 jobs for autoworkers in the country.

Fisker Automotive is a joint venture between Fisker Coachbuild and Quantum Technologies and the company is based at in Irvine, California.

The company’s sole existing product, the Fisker Karma is a plug-in hybrid luxury sports car.

Fisker intends to sell its Karma PHEV in late 2009 in the US and in the second quarter of 2010 in Europe. The Fisker Karma was revealed on 14 January 2008. The Karma features the Q-Drive technology and is powered by an innovative petrol engine/electric motors combination.

The Fisker Karma can be fitted with a solar paneled roof not only to aid in the recharging of its Lithium-Ion batteries but also to aid the cabin climate control system.

Fisker Automotive have suggested that the Karma will be capable of running 100 km for 2.4 litre. Despite it’s eco-friendly background the Karma features a 201 km/h top speed and is capable of reaching 100 km/h from a standstill in 5.8 seconds.

It is no doubt that fuel efficient electrichybrid cars are going to be the next generation of personal transportation.
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