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October 18, 2009

Green Thinking

Fisker gets federal loans to develop hybrid and Daimler unveils new green models

Fisker Karma

Fisker loans
Fisker Automotive, a California manufacturer of luxury electric vehicles, will receive more than $500 million in federal loans to develop a new plug-in hybrid vehicle to be built in the U.S. and finish development on its plug-in hybrid sports car, the Karma (right). The Karma is expected to be released in the summer of 2010 with a sticker price of nearly $90,000.

Mercedes SLS AMG

Daimler debuts
Daimler unveiled a number of new electric and hybrid cars at last month's Frankfurt Auto Show, including the Mercedes-Benz Vision S 500 plug-in hybrid, a spinoff of the S 400 Hybrid, and the B-Class F-Cell. Daimler said it will also develop a high-performance electric sports car, the Mercedes-Benz SLS AMG (right).

--Associated Press

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