Fisker Automotive will soon announce the US site where it plans to build a US$48,000 family plug-in electric hybrid car, chief executive Henrik Fisker has said.

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The company has agreed a deal to build an estimated 100,000 cars a year of the unnamed model at a refurbished plant in the US, Fisker said at an entrepreneurs conference in Washington, according to Dow Jones.


The car is expected to go on sales in 2012 and would be the company’s second plug-in hybrid under existing plans. The Karma, an $89,000 luxury hybrid being built by Valmet in Finland, is expected to go on sale in the US next summer.


Fisker recently was awarded a $528m US department of energy loan to develop the two vehicles, the news agency noted.


However, Henrik Fisker didn’t reveal where the family hybrid would be built. An executive at an investment company that has provided capital to Fisker told Dow Jones Newswires recently that the company was looking at old plants in Delaware and California.

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