Making yet another pun with Fisker and its Karma is easy. After all, the California based carmaker has faced several problems with its extended-range hybrid luxury sedan over the past couple of years. However, its latest issue is quite serious.
The U.S. Department of Energy (DOE) has frozen Fisker’s access to the federal loan it was awarded for engineering of the Karma (US$169 million) and production of the midsize Nina sedan (US$359 million), which will be priced much lower than the $100K Karma.
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