Biden to Announce GM Plant Reopening

Vice President Joe Biden is expected to visit a closed General Motors plant in Wilmington, Delaware, on Tuesday, where he is expected to announce that same plant’s reopening. According to reports, Biden will also announce that the plant will focus on constructing plug-in hybrid electric cars instead of traditional vehicles.
Fisker Automotive Inc, a California-based venture capitalist firm, has decided to purchase the former GM assembly plant and renovate it so that it is capable of mass-producing hybrid vehicles. The information comes from a source that is reportedly close to the reasons surrounding Biden’s visit to the Wilmington plant.
Fisker’s chief executive …read more