$529M Gov't Loan To Develop $89,000 Hybrid Sports Car

theodp writes "The WSJ reports that a tiny car company backed by former VP Al Gore has just gotten a $529M US government loan to help build an $89,000 hybrid sports car in Finland. The award this week to California startup Fisker Automotive follows an earlier $465M government loan to Tesla Motors, purveyors of a $109,000 British-built electric Roadster. Fisker's other investors (PDF) include the Al Gharaffa Investment Co., a Cayman Islands corporation."

Re:Hybrid car

[LordKronos]

But why can't we just build hydroelectric dams or fission reactors right into the car itself? Or better yet...wind powered cars. Just think how fast a wind turbine would spin on top of a car going 80MPH. The thing would practically power itself.

What's that you say???

[Slugster]

Al Gore, saviour of Gaia, is going to pocket huge amounts of money in a Us government-funded foreign-business deal to build a hybrid Camaro?

Well, color me a retarded limp-dicked tofu-eating socialist.
I never would have guessed this would happen...
~

Re:Hybrid car

[Chris Burke]

But why can't we just build hydroelectric dams or fission reactors right into the car itself? Or better yet...wind powered cars. Just think how fast a wind turbine would spin on top of a car going 80MPH. The thing would practically power itself.

Don't be daft.

You have to build the hydroelectric dams into boats.