Fisker opened a GM Factory in Delaware to produce hybrid cars image

U.S. Vice President Joe Biden plans on Tuesday to visit a closed General Motors plant in Wilmington, Del., for an announcement, according to the White House.

GM’s Wilmington unit is nearly 52 years old and has been non functional for some time. Fisker has every plan to use this unit to build its much speculated and touted $48,000 Project NINA hybrid cars, production of which, if things go as planned, will start in 2012.

The plant is expected to employ around 1,500 workers and manufacture up to 100,000 cars annually. The family hybrid by Fisker, which is yet to be formally christened, but is currently known by the code name NINA, will be the company’s second hybrid to hit the American market, the first being Karma, a luxury sports car priced at $89,000. Fisker plans to start delivering Karma to US c

The Fisker Karma PHEV with solar panel roof, s...Image via Wikipedia

ustomers next summer.

The automaker will spend $175 million to retool the GM plant with the funding coming from the $528.7 million Department of Energy loan awarded to Fisker in September. Currently, Fisker only offers its electric sports car, the Karma. The Wilmington plant was recently retooled to produce GM’s Pontiac Solstice, Saturn Sky and Opal GT roadsters and coupes.