Middle Eastern State to fund Fisker hybrid
Funded by US oil dependenceThe State of Qatar, a nation made rich via foreign oil and gas, will invest $65 million in the Fisker Karma plug-in hybrid according to Cars.com.
Perhaps, soon, the same countries that we buy our foreign oil from can sell us the plug-in hybrid cars that end our foreign oil dependence, or least the licenses for such technology.
Wouldn't that be hilariously ironic?
Labels: plug-in hybrid vehicles, quantum fisker plug-in hybrid



3 Comments:
A hybrid vehicle is a vehicle that uses two or more distinct power sources to propel the vehicle. Human powered bicycle with electric motor or gas engine assist.
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Sandy
Used Cars
You bet it's ironic. Hybrid fever seems to be spreading everywhere and real fast. It appears that even the oil-rich middle east doesn't want to miss out on the shifting demand towards hybrids.
Fred
I think that's enough link-spamming for 1 one day sandy/susan.
Fred,
There are many against giving any money to the Big 3, if they are about to fail. Instead, some, such as Nadar, have called for socialization or private equity to intervene.
Imagine of GM collapses and a few princes in Saudi Arabia buy GM for the Volt division. They have the money. We gave it to them.
Highly unlikely, but still, little things that make you go hummmh.
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