Hong Kong tycoon likely to get Fisker Automotive

Oct. 21, 2013

U.S. Department of Energy picks Li's group following auction.

An investor group led by Hong Kong tycoon Richard Li is the likely winner of a government loan owed by Fisker Automotive, the now-dormant maker of plug-in hybrid sports cars, according to The Associated Press. Read about the winning bid for Fisker Automotive.

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