The Department of Energy will be auctioning off its loan to Fisker Automotive.
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The Fisker Atlantic debuted last night in Big Apple ahead of the 2012 New York Auto Show, carrying with it the promise that it might be the first car the green automaker will produce en masse in the U.S.
Battery supplier A123 Systems has announced there's "substantial doubt" over its long-term viability, as it has reported mounting losses throughout the first half of 2012.
The electric car has gotten a bad rap recently.