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8:47 am
Wed December 4, 2013

Fisker Bankruptcy Costs Delaware Taxpayers $7.4 Million

Credit Fisker logo

Fisker Automotive’s failed Boxwood Road plant has cost Delaware taxpayers $7.4 million.

The plug-in hybrid automaker wanted to reopen the former General Motors facility with the federal and state financial assistance.

The state’s economic development director Alan Levin said that Delaware put up $5 million for Fisker’s electricity bill and $2.4 million for the company’s natural gas service.

There’s $1.5 million left in the utilities funds although the last two months have not been counted up.

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