The Department of Energy is standing by a $529 million loan guarantee to a company building an electric car line in Finland.
A department official, in a lengthy response posted on a government blog Thursday night, confirmed that the company Fisker is assembling its Karma electric car at its "overseas facility."
The response comes after ABC News reported that the Obama administration gave the green light for the company to move the manufacturing to Finland two years after announcing the loan.
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A department official, in a lengthy response posted on a government blog Thursday night, confirmed that the company Fisker is assembling its Karma electric car at its "overseas facility."
The response comes after ABC News reported that the Obama administration gave the green light for the company to move the manufacturing to Finland two years after announcing the loan.
More
This is some fine work coming from D.C. Half a billion to a solar company that was claiming bankrupcy,almost a billion to build solar panels in Mexico,and now a measley half a billion to build cars in Finland.And now we are supposed to be behind a jobs bill? When is this guy moving back to Chicago?
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