Fisker to announce new North American plant in two weeks, will build new mid-size sedan

Fisker Karma

Fisker Automotive said that in two weeks it plans to announce which plant in North America will assemble a new mid-size plug-in hybrid sedan in 2012. CEO Henrik Fisker said today that the plant has been chosen but the purchase has not yet been completed.

Sources told The Delaware News Journal that one factory could be General Motors’ Wilmington, Delaware plant, which used to build the Pontiac Solstice, Saturn Sky and the Opel GT. GM has apparently left the specialized production equipment at the plant to increase the appeal for a potential sale, reports Automotive News.

“We have looked at many different plants all over the U.S.,” Fisker said. “We have made our decision.”

Fisker plans to use some of the $528 million loan it received from the U.S. Department of Energy to prepare the plant for production. Fisker plans on producing 100,000 units of the mid-size sedan, which is expected to be priced at $40,000.

– By: Kap Shah