Two Republican senators are bashing the Energy Department for using taxpayer funds to support production of a luxury electric car that costs six figures.
Sens. Chuck Grassley (R-Iowa) and John Thune (R-S.D.) are the latest GOP lawmakers to raise questions about federal support for Fisker Automotive.
The company in 2010 won approval for up to $529 million in Energy Department (DOE) loans for two projects.
The smaller portion, $169 million, supported U.S. engineering and design work for the roughly $100,000 Fisker Karma, which is manufactured in Finland.
In a letter to Energy Secretary Steven Chu released Monday, the senators question whether a 2007 energy law that created the loan program for advanced vehicle manufacturing should support such a pricey ride.
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