New Electric Vehicle Maker Startups Getting Infusion of Cash

Thanks to Tesla’s hype and high stock market prices, new electric vehicle maker startups are getting an infusion of cash.

One such firm, Fisker Inc. a Southern California-based company, just received $50 million dollars in funding and is rumored to be heading toward a public stock offering.

For more on this windfall for electric vehicle companies, KCBS Radio’s Jeff Bell and Patti Reising spoke with Tim Higgins, Tech and Auto Reporter for the Wall Street Journal.

Source : kcbsradio