The California based Fisker Automotive corporation has just been granted a sizable loan from the U.S. Government that will rapidly facilitate the automaker’s full scale production of plug-in hybrid electric vehicles. The U.S. Department of Energy has signed off on and agreed to the terms of a conditional totaling over half a billion dollars so that Henrik Fisker’s car company can create affordable, fuel efficient hybrid electric vehicles that are made right here in the U.S.A. The $528,000,000 loan will also allow Fisker Automotive CEO, Henrik Fisker to create at least 5,000 jobs for autoworkers right here in the U.S.
If only General Motors and Chrysler had lineups as desirable as Henrik Fisker’s then perhaps the U.S. Government would have been a bit more eager to step in and help out with their financial needs. It is no doubt that fuel efficient gas electric hybrids are going to be the next generation of personal transportation and it is confidence inspiring that there is an automaker who not only believes in the future, but also believes that we don’t have to sacrifice fun in order to save fuel.