Old GM plant gears up to produce electric cars

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Eco-mobility
30/07/2010 17:12

By Nick Rolan

On July 20, a federal bankruptcy judge approved the sale of a former General Motors Corp. plant in Wilmington, Del., to Fisker Automotive Inc.
Fisker, a California-based plug-in electric vehicle start-up will pay $20 million for the 3.2 million-square foot plant. Fisker intends to use a $529 million low-cost government loan to assemble 100,000 vehicles per year. Production is scheduled to start in 2012. The Wilmington plant first began operations in 1947 and produced 8,561,451 motor vehicles over a 52-year run.

http://www.just-auto.com/news/fisker-completes-purchase-of-former-gm-plant_id105163.aspx