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Business

Biden's home state gets federally supported electric car plant

Delaware gets Fisker auto factory.
Written by Harry Fuller, Contributor on

Fisker is an electric car company based in Irvine. They recently announced plans to buy a former GM plant in Delaware to make mid-priced plug-in hybrids. Production is supposed to begin in 2012.

Fisker will use the retooled plant to build their Project Nina cars which are to sell for under $50,000. The Fuskwer Karma sports car costs close to $90,000. Fisker is being aided with over a half billion dollars line of credit from the Department of Energy. Probably didn't hurt little Delaware to have local favorite Joe Biden in the Vice Presidency.

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