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US: Fisker Automotive secures new funding

Fisker Automotive has secured access to an additional US$115.3m in private equity funding, which will be used to develop plug-in hybrid cars. The OEM notes that raising the additional equity was a condition of access to a US$528.7m loan from the US Department of Energy. "Raising US$115m in these times speaks Subscribe to Automotive World … Continued

Fisker Automotive has secured access to an additional US$115.3m in private equity funding, which will be used to develop plug-in hybrid cars. The OEM notes that raising the additional equity was a condition of access to a US$528.7m loan from the US Department of Energy.

"Raising US$115m in these times speaks

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https://www.automotiveworld.com/articles/80409-us-fisker-automotive-secures-new-funding/

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