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Leaked images show Fisker's Atlantic plug-in EV

Called Project Nina, Fisker Automotive's Atlantic plug-in electric sedan is set for a formal debut tomorrow at a time of questions over how the company will finance manufacturing of the car.

Martin LaMonica Former Staff writer, CNET News
Martin LaMonica is a senior writer covering green tech and cutting-edge technologies. He joined CNET in 2002 to cover enterprise IT and Web development and was previously executive editor of IT publication InfoWorld.
Martin LaMonica
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Fisker Automotive's Atlantic plug-in electric car, known as Project Nina, will be revealed tomorrow night in New York.
Fisker Automotive's Atlantic plug-in electric car, known as Project Nina, will be revealed tomorrow night in New York. Car Magazine

Photos of Fisker Automotive's Atlantic luxury plug-in electric are online a day before the company officially unveils the car in New York.

Called Project Nina, the four-door sedan is expected to have the same powertrain as the Fisker Karma (and Chevy Volt) -- the car is driven by an electric motor and a gas engine kicks in to maintain sufficient charge on longer rides.

Fisker is hosting a "reveal" event for the Atlantic tomorrow night in New York, where there will certainly be questions about the company's future.

The company suffered delays in bringing out the Karma luxury sports car and it will need to recall some of them because a battery defect from supplier A123 Systems. The Atlantic is also a luxury car, but is designed to be less expensive than the $100,000 Karma, reportedly in the range of $40,000 after a $7,500 federal tax credit.

How the company will make the Atlantic is not totally clear at this point. Fisker received a Department of Energy loan guarantee to purchase a former General Motors factory in Delaware to make the Atlantic. But after Fisker failed to meet milestones for the plant project, the DOE stopped dispersing loan money.

The company had tapped $193 million of the $528 million Energy Department loan guarantee, which it is currently renegotiating. Fisker could also raise money from other sources to complete the plant.

CNET will be live at the Fisker's event in New York City to bring you all the news.

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