Two DOE electric car loans, two different paths

By Ronnie Greene

As Fisker Automotive struggles to stay afloat, Tesla Motors pays off its Energy Department loan.

Excerpts from this story referencing "Fisker Automotive":

"… wing boards to showrooms. But this week, the fortunes of Tesla Motors and Fisker Automotive took sharply divergent turns. On Wednesday, the Energy Department announc …"

"… citing Fisker’s loan. Yet reality collided with those projections, and Fisker Automotive has not come close to meeting its goals. The company began drawing down o …"

"… another recipient of DOE funding — stopped manufacturing batteries. “Fisker Automotive had to cease production of the Karma,” Fisker said. “We explored optio …"

"… t he told the committee the company’s technology earned honors, and said Fisker Automotive “still has the potential to build on these achievements” if it can sec …"

Energy Department auto loan program sputters

By Ronnie Greene

A $25 billion Department of Energy loan program has not closed a loan in two years amid the specter of Solyndra.

Excerpts from this story referencing "Fisker Automotive":

"… build fuel-efficient vehicles, and cutting-edge upstarts Tesla Motors and Fisker Automotive develop electric cars and plug-in hybrids. A smaller loan went to a Miami …"

Another green energy company stumbles: Fisker announces layoffs

By Ronnie Greene and Matthew Mosk

Electric car maker Fisker lays off workers, while asking the federal government for continued support

Excerpts from this story referencing "Finland":

"… itting from U.S. taxpayer support, Fisker signed a contract with a firm in Finland to assemble its first generation electric vehicle, a flashy $97,000 sports …"

"… atement.In October, the company acknowledged outsourcing Karma assembly to Finland, but said the bulk of its government funds would be used to launch the sec …"