Daily Archives: February 18, 2012

MIT’s Folding Concept Car, the Hiriko

Researchers at the Massachusetts Institute of Technology (MIT) have designed a new urban commuter car that “folds” up for storage, making it much easier to park out of the way, taking up about the same horizontal space as a bicycle.  The car, called the Hiriko, has a chance of actually getting built and tested in …
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Fisker Automotive Renegotiates DOE Loan, Lays Off Workers

Fisker Automotive has announced layoffs of about 25% of its work force, mostly at the company’s California headquarters, but also at its in-progress Delaware manufacturing facility, after failing to meet benchmarks for Department of Energy low-interest loans. Fisker has made marks with its Karma luxury range-extended hybrid, currently in production, but delayed progress in Delaware …
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