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    Report: Hybrid Tech just made $65 million from bankrupt Fisker loan
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    We can now see at least one possible reason for why Hybrid Tech Holdings LLC bought the US Department of Energy's loan to Fisker Automotive last year for $25 million. The purchase is apparently worth $90 million today. The number is part of a settlement agreement that has come out of the ...

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    Official: DOE ready for more AVTMP loans, now focusing on suppliers
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    The Department of Energy handed out four big loans in the Advanced Technology Vehicle Manufacturing loan program (ATVM): Fisker got $528.7 million (then went bankrupt) Nissan got $1.4 billion, Ford got $5.9 billion (both are repaying on schedule, as far as anyone knows) and Tesla got $465 milion, ...

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    Report: Hybrid Technologies LLC increases Fisker bid to $55 million
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    Will more money equal more Karma? In the continuing fight over the assets of extended-range plug-in vehicle maker Fisker Automotive, a Hong Kong-based investor is ready to up the stakes. Hybrid Tech Holdings has announced it will increase its bid for the maker of the Karma to $55 million. A ...

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    Read This: An in-depth look at how Envia failed to bring its new battery tech to GM
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    Not long ago, Envia Systems' innovative battery looked like it would break barriers. The "High Capacity Manganese Rich (HCMR)" technology was supposed to provide General Motors with an affordable battery that could power the next-generation Chevy Volt and move other, pure EVs at least 200 miles ...

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    Read This: Taking a look at government-supported Elon Musk's supposed libertarian politics
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    To read Josh Harkinson take on things, Tesla Motors CEO Elon Musk is your typical Silicon Valley entrepreneur, spouting Libertarian ideas while being more than willing to take federal grants. Harkinson wrote a lengthy profile of Musk for Mother Jones and it's well worth your time if you're at all ...

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    Report: DOE auctioning off Fisker's $168-million loan
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    If you've ever wanted to buy Fisker Automotive – not just a Karma, but the whole company – the opportunity is coming. The federal government is looking for a buyer for the automaker's $168 million Department of Energy debt note. That number comes from the original loan commitment of ...

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    Breaking: Ecotality files for bankruptcy as Nissan steps in with $1.25m in support
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    As expected, Ecotality is bowing out. The electric vehicle charging station maker just filed for bankruptcy protection and plans to auction off its assets next month. Ecotality and five affiliates filed for Chapter 11 protection Monday at the US bankruptcy court in Phoenix, AZ. The charging ...

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    Report: Germans investors Fritz Nols AG officially submits Fisker bid to DOE
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    Fisker Automotive may have an investor that could pull the struggling extended range Karma-maker off life support. Two German investors have made an offer that's been signed and "on the table," according to a Facebook post by Ingo Voigt, one of the two investors. "I am proud to tell you that we ...

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    Report: DOE restarting ATVM loan program famous for backing Tesla, Fisker
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    There have been some very public successes and failures from the Department of Energy's Advanced Technology Vehicle Manufacturing loan program, most notably Tesla and Fisker, but the US government is not yet finished. It's been a while – no ATVM loans have been given out since 2011 – ...

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    Read This: Vehicle Production Group's bad DOE loan put up for auction
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    The US Department of Energy (DOE) is trying out a new solution to loans that have flopped – auctioning them off. A $50-million loan previously award to Vehicle Production Group LLC (VPG) through the Advanced Technology Vehicles Manufacturing loan program (ATVMP) has gone unpaid. VPG, a ...

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    Report: Fisker bankruptcy likely, says once-positive Delaware Governor
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    Delaware Governor Jack Markell gave business leaders a decidedly negative take on two possible futures for Fisker Automotive: bankruptcy or a negotiated settlement to pay off the $170 million it owes in federal loans at a reduced rate. Neither sounds very good for the governor of the state that ...

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    Read This: Tesla loan payoff opens up takeover scenario, is Google interested? [w/video]
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    'Tesla needs to prove success is sustainable and that it is based on a solid financial foundation. If they do, they should be an appealing takeover target.' Buried in the loan agreement text between Tesla Motors and the US Department of Energy were restrictions on the automaker's ability to ...

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    Video: Following Tesla's good news, Fox conveniently forgets government loan
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    It's been a while since we've paid attention to Fox News attacking electric cars, but has it really been long enough for them to forget some pretty salient details? Looks like it has, according to a new video from Media Matters, which splices together clips from before Tesla Motors made its big ...

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    Video: What $20 million means to both Tesla and Fisker
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    When is $20 million not equal to $20 million? When, for some, it's an interest payment and, for others, it's all someone else thinks they're worth. Here's how that one number means two totally different things to two different green car companies. Speaking to Bloomberg Television about the early ...

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    Official: Tesla pays back $465M DOE loan, Musk says 'I hope we did you proud'
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    We're willing to bet there are bottles of champagne popping all the way from Washington, DC to Palo Alto, CA today with the announcement that Tesla Motors has, as suspected, paid off the entirety of its $465-million Department of Energy loan. "I hope we did you proud" - Elon Musk As far back ...

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    Report: Tesla raises $1 billion as stock climbs; predictions have it at $200 (or $37) *UPDATE
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    Despite the company's recent string of successes, there's still a lot of skepticism about Tesla out there. Some of the negativity focuses on the lack of recharging infrastructure, some on the company's expensive cars and how it'll be difficult to make a mass-market car. And when it comes to the ...

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    Report: Tesla selling new stock, debt worth $830m in order to pay off DOE loan
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    Anyone paying attention to the electric vehicle scene for the last few weeks knows that the stock value of Tesla Motors has been climbing faster than a SpaceX rocket. As of this writing, TSLA is sitting pretty at $92 a share. Three weeks ago, it was at a then-record-high of $53. In light of all ...

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    Report: Fisker execs will be questioned today over DOE loan, repayments
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    As we get ready for a Congressional hearing later today, news of money that Fisker Automotive owes to the US government is on the mind of regulators and the public. Therefore, the US Department of Energy has announced that it did recently collect $21 million from the struggling automaker. The DOE ...

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    Report: Fisker furloughs workers for one week, says it's 'common practice' in industry
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    The tea leaves are getting somewhat clearer over at Fisker Automotive with a new report saying the struggling automaker is furloughing its US workers this week, a month before a payment on the company's $529-million Department of Energy loan is due. Fisker never got the full amount, taking only ...

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    Report: Tesla involved in federal probe? News to us, says Tesla
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    A recent report indicates that there's a dark and shadowy secret just waiting to wreck havoc on Tesla Motors: a federal probe into whether, as the conservative Washington Times puts it, "the automaker was using foreign instead of American parts in manufacturing their electric vehicles." Tesla has ...

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