Fisker raises equity, says to launch car soon

Newswire

* Sees production of plug-in hybrid by year-end * Closed $529 million loan with U.S. Energy Dept in April * Plans second, lower-cost rechargeable sedan for 2012 LOS ANGELES, May 29 (Reuters) - Fisker Automotive said on Saturday it has raised $35 million of private equity to close a $189 million funding round that will allow the company to launch its plug-in hybrid electric car. The total includes the $115 million Fisker said it had secured in January, when it cleared a key financing ...

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