The new CEO of Fisker Automotive says November could be a key month for a mid-sized Fisker plug-in automobile, according to Forbes. The company will not revisit the issue of a federal loan until after the election. Republican nominee Mitt Romney has frequently criticized the decision to lend money to the start-up.
Tony Posawatz told Business Week the company still wants to build the Atlantic in Delaware and has resolved issues with the federal government.
The Fisker Atlantic had been targeted for production at the former GM Boxwood plant west of Wilmington. The plant is now in mothballs after the loan was suspended because of the company’s Fisker Karma not meeting financial targets. Hopes for producing the Atlantic in Delaware have been fading as reports of problems with the Karma continue to make their way into the media.
Posawatz, who guided production of the Chevrolet Volt hybrid for General Motors, said problems with the Karma, a luxury sedan with a $100,000 price tag are being resolved. The Atlantic is expected to cost around half that price.
The company would still prefer to build the Atlantic in Delaware, but does not rule out building the vehicle elsewhere.
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via Doubts Aside, Fisker Presses On With Plans For Second Plug-In Car – Forbes.
