U.S. government, Fisker grilled over loans to gree
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Posted On: 04/24/2013 7:00:06 PM
U.S. government, Fisker grilled over loans to green carmaker
By Ayesha Rascoe and Deepa Seetharaman (Reuters) - Taxpayer-backed funds kept flowing to electric carmaker Fisker Automotive months after the company failed to meet key production benchmarks, lawmakers said at a congressional hearing on Wednesday. Republican lawmakers on the House Oversight Committee cited Department of Energy documents as showing Fisker got $32 million in payments, even after it failed to launch its Karma vehicle in February of 2011. ...
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