Posts Tagged ‘project nina’

Foot-In-Mouth Disease Reigns: Biden Reveals Fisker’s Future Business Plans

Swine Flu’s got nothing on our Vice President’s case of Foot-in-Mouth disease.

If only there was a vaccine.

Joe Biden is well-known for his goofball status of saying exactly the wrong thing at exactly the wrong time in, what we have to assume, is a genetic predisposition to unwittedness.

Take, for instance, yesterday’s announcement that Fisker Automotive would be purchasing a shuttered Delaware GM plant for the future production of Fisker’s upcoming Project Nina plug-in hybrid—the more reasonably priced sister car of Fisker’s flagship $80,000 Karma.

During that announcement Biden—who’s home state is Delaware—waxed on about how the plant will bring jobs back to the area and is exactly what we need to get our manufacturing sector back on line. But he just couldn’t hold himself back at the end of his speech, saying “imagine when this factory, when the floor we’re standing on right now is making 100,000 plug-in hybrid sedans, coupes and crossovers every single year.”

Biden to Announce Fisker Will Build Plug-Ins at Old Delaware GM Plant

Last week, Fisker Automotive co-founder and CEO, Henrik Fisker, said that his company would very shortly be announcing where project Nina—the company’s upcoming $48,000 plug-in hybrid—would be built. The statement led to all sorts of rumors, but speculation had been growing that the chosen manufacturing spot was a closed GM plant in Delaware.

Fisker Gets a Half Billion Dollar Stimulus Loan To Develop Affordable Plug-In Hybrids

The world may have just gotten one very big step closer to viable, affordable electric cars. Fisker Automotive and the U.S. Department of Energy have agreed to loan terms for $528.7 million to bring an affordable electric car to the mass market.

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