Energy Department Defends Loan to Company Building Electric …

10 Апр 2014 | Author: | Комментарии к записи Energy Department Defends Loan to Company Building Electric … отключены
Morgan Electric Cars

Energy Department Defends to Company Building Electric in Finland

Fisker Karma AP

The of Energy is standing by a $529 loan guarantee to a company an electric car line in Finland.

The response comes after ABC reported that the Obama gave the green light for the to move the manufacturing to Finland two after announcing the loan.

But Department spokesman Dan Leistikow none of the U.S. loan contributed to the production work in

The Department’s funding was only for the U.S. operations, Energy spokesman Dan Leistikow wrote. The could not be, and was not, spent on operations. The Karma also on an extensive network of hundreds of in more than a dozen states.

He said the first of the loan, $169 million, engineering work at Fisker’s facilities as the company developed the equipment and manufacturing processes for first vehicle — that work so far has not contributed to a line in the U.S.

But Leistikow said the rest of the is still supporting U.S. of another vehicle line the Nina.

Fisker is using funding to bring a shuttered Motors plant in Delaware to life and employing more 2,500 workers. Fisker was to this site in part by the to rehire some of the trained, workers who lost their when that plant Leistikow said. The department clarified that 120 workers been hired at the site to with the rest set to be hired by 2013.

For the Karma line, founder Fisker reportedly claimed the could not find a manufacturer in the for the job. So the production went to company Valmet Automotive, with 500 manufacturing jobs.

Morgan Electric Cars

A spokesman told Fisker had explored the possibility of the Karma in the U.S.

However, are no contract manufacturers like in the U.S. and none of the established automakers were willing to with Fisker to provide an option in the U.S. that work for the Karma program, the said.

The development comes amid scrutiny of the Obama administration’s programs for alternative energy and projects. The bankruptcy of government-backed panel firm Solyndra in touched off a frenzy of questions on Hill over whether taxpayer money is being wisely to prop up the industry.

The ABC report noted the political enjoyed by Fisker and another Tesla Motors, which received about $1 billion in Fisker reportedly is backed by a that counts ex-Vice Al Gore among its partners. The said just 40 of Fisker’s cars have been so far, and that Tesla is losing money.

But Leistikow said Tesla has 1,000 new jobs since the government support. He said companies’ loans were on the merits after extensive

They represent exactly the of cutting edge, innovative this program was intended to and are part of a large, robust of investments that are helping become more globally he said.

Morgan Electric Cars
Morgan Electric Cars
Morgan Electric Cars
Morgan Electric Cars
Morgan Electric Cars
Morgan Electric Cars
Morgan Electric Cars
Morgan Electric Cars

Interesting articles

Other articles of the category "Interesting":

Our partners
Follow us
Contact us
Our contacts


About this site

For all questions about advertising, please contact listed on the site.

Catalog ALL Electric Cars and hybrid/ News and Information about Electric Car and Electric Vehicle Technologies, batteries for vehicle catalog with specifications, pictures, ratings, reviews and discusssions about Electric and Hybrid cars - Green energy