Tuesday, October 27, 2009

A maker of electric cars plans to use old GM plant in Delaware

expected to create 2,000 jobs and will likely be operational by 2011. Administration officials said the deal will indirectly create another 3,000 jobs once the plant is fully operational, expected in 2014.

Fisker, which will pay the old GM $18 million for the facility and equipment, is getting tax incentives from the state of Delaware,

The car is expected to cost about $39,900 after tax incentives.

Fisker, which was started two years ago, recently received a $528 million loan from the Department of Energy and will use some of those funds to make the Delaware plant operational. Fisker is producing another electric vehicle, called the Karma, that is expected to come out in the summer and will cost about $80,400

Click on the following for the rest of the story:  A maker of electric cars plans to use old GM plant in Delaware - washingtonpost.com

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