Browsing the "green loans" Tag

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How Fisker Burned Through $1.3 Billion

With Fisker Automotive on the brink of bankruptcy, there are those of us left wondering how this small niche automaker managed to spend $1.3 billion of public and private investments in just a few short years. A new report lays out in detail how Fisker Automotive blew through a billion dollars, while developing and delivering just over 2,000 vehicles, becoming possibly the biggest venture capital blunder in history.

April 19th

Did Fisker Push The Karma Hybrid To Market Before It Was Ready?

The Department of Energy green loans program has come under a lot of fire, ever since solar panel-maker Solyndra filed for bankruptcy last year. Deficit hawks have targeted numerous green energy companies like Ener1 and Th!nk who were recipients of these low-interest government loans. The latest company to come under scrutiny is Fisker, whose $100,000 […]

March 14th