Another Green Energy Company Stumbles: Fisker Announces Layoffs

[link to abcnews.go.com]

Fisker was one of a handful of auto companies to receive sizeable federal loans to help support the birth of an electric car industry in the United States. As ABC News reported in October, Fisker's efforts have been beset by delays. And despite benefitting from U.S. taxpayer support, the company had signed a contract with a firm in Finland to assemble its first generation electric vehicle, a flashy $97,000 sports coupe called the Karma.