Thu March 1, 2012
Delaware State Official Blames Feds for Delay at Fisker Automotive Plan
Delaware state economic development chief Alan Levin is blaming the federal government for stalling Fisker Automotive's plans to build hybrid-electric sedans at a former General Motors assembly plant near Newport.
He told a legislative committee in Dover this week…that Delaware taxpayers already have more than $17 million invested in the project.
The U.S. Department of Energy has blocked Fisker's access to more than $300 million in loan funds after the company failed to reach certain benchmarks.
The Wilmington News Journal reports that Fisker has halted work to restore production lines at the Boxwood Road facility and laid off 26 workers there.