Business
Biden's home state gets federally supported electric car plant
Delaware gets Fisker auto factory.
![zd-defaultauthor-harry-fuller.jpg](https://www.zdnet.com/a/img/resize/7141b714f78c8c276dba8bf35ac047b97e9d354e/2014/12/04/ee3bf37f-7b67-11e4-9a74-d4ae52e95e57/zd-defaultauthor-harry-fuller.jpg?auto=webp&fit=crop&frame=1&height=192&width=192)
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.