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Fisker Buys Mothballed GM Factory to Build $40,000 Plug-In Hybrid Cars

Fisker Automotive is buying the old General Motors factory in Wilmington, Delaware, to produce an affordable, family-oriented plug-in hybrid sedan to cost under $40,000 after federal tax credits. Fisker expects the production facility will create or support 2,000 factory jobs plus more than 3,000 jobs for vendors and suppliers when the factory goes on-line in [...]

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