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Fisker Automotive files $90M claim for A123 battery contract
Question of the Day
Founded in 2007, Fisker won a $528.7 million loan from the Energy Department’s advanced-technology vehicle manufacturing loan program two years later. Its current chief executive, Tony Posawatz, is a former executive at General Motors Co., where he was line director in charge of the Chevrolet Volt.
Fisker’s trouble landed the company some unwanted attention during the presidential campaign last year when Republican candidate Mitt Romney called it a “loser” during his first debate with President Obama.
At the time, a company spokesman told Wired magazine that Fisker didn’t consider itself a loser, noting that Fisker had sold 1,500 cars, raised $1.2 billion in private equity and was expanding export markets overseas.
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