Posted on 02/06/2012 2:54:45 PM PST by Oldeconomybuyer
Fisker Automotive, the maker of an exotic electric sports car that is being built with help from a $529 million federal government loan guarantee, has announced layoffs at its Delaware plant as it tries to persuade the Department of Energy to send it more public funds.
The company says 26 Fisker employees have been let go from the Delaware factory where renowned automotive engineer Henrik Fisker promised to one day begin producing affordable electric sedans. A Delaware newspaper also reported that subcontractors working on the car venture have been let go.
Fisker was one of a handful of auto companies to receive sizeable federal loans to help support the birth of an electric car industry in the United States.
Accompanying the layoffs was an announcement that Fisker has approached the Department of Energy about revising the targets it had to meet in order to continue drawing money from the federal loan.
(Excerpt) Read more at abcnews.go.com ...
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Rest In Peace, old friend, your work is finished.....
That project is another criminal fiasco brought to you with the support and dirty little fat fingers of algore in the pot.
FUBO & FAD
No bankruptcies will be allowed until after the election!!
How much of their bailout will be funneled back to the Obama campaign?
From the article:
“Fisker has delivered between 250 and 300 Fisker Karmas”
Great, over a million a unit, and they need more money?
“a major investor in Fisker is a venture capital firm that lists former Vice President Al Gore as a partner”
I’m shocked.
“Affordable electric sedan” is an oxymoron. There have been ongoing attempts for over a hundred years to produce such a critter, and it has never happened. Range is too short, far too heavy for the proposed purpose, which costs the vehicle dearly in terms of performance, and the infrastructure to support the repowering of the vehicle is done at the expense of more efficient uses of the resources available. Apparently only very exotic materials will provide the concentrated energy necessary to propel the vehicle, and with the exotic elements, comes great price and unreliable sources in the future.
Now, turbo-Diesel power plants fueled with compressed natural gas, are both more economical of existing resources, and provide a degree of flexibility that NO electric vehicle that relies on batteries for power storage could possibly match. If the fixation on batteries were discarded once and for all, and a really efficient fuel cell were developed that could run on compressed natural gas, for example, we might be talking about a new revolution in vehicular transport.
I don’t follow your cartoon. You do know that Diesel is looked upon as being as yucky as gasoline, if not more.
For normal people, we know we could decrease our vehicle fuel consumption overnight if people drove those diesels.
And how much money went from Fisker to the DNC? Can anyone here say money laundry? I knew you could!
In a perfect world, the entire Demonrat Party would be prosecuted under RICO statutes. The Seven Families never had it this good.
The turbo diesel is “greener” than any hybrid or electric car, due to better efficiency. But then, it works, therefore it is evil, according to the Party.
I often wonder why more auto companies don’t copy VW’s tdi models that get 50 mpg.
The old 1990's era Chevy GEOs got 40 to 50 mpg. Some get over 50 MPG.
They sell for high dollars on the used car market. A low mileage cream puff can sell for more than the original MSRP.
“The turbo diesel is “greener” than any hybrid or electric car, due to better efficiency. But then, it works, therefore it is evil, according to the Party.”
But Diesel is ‘dirty’. LOL.
Just to be clear, a typical Fisker goes for more than $112,000.
Let’s see, how many does that make now?
How many startups have succeeded and how many have bellied-up?
You have to consider fuel cost, initial cost, and maintenance cost.
Diesel fuel is currently 15% more than gas
Diesel cars cost more - a quick look at the VW website looks like about a $5000 premium for the TDI
The 2012 VW TDI is EPA rated at 30/42, not 50 mpg and there are a number of gas cars rated similarly including the Mazda 3, Chevy Cruze, Ford Focus, and Honda Civic.
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