karma-car.jpg Upstart carmaker Fisker Automotive on Tuesday said it will purchase a used General Motors auto plant in Wilmington, Del., to begin producing a plug-in hybrid sedan.

Starting in late 2012, the facility will be used to manufacture a plug-in hybrid that the company expects will cost almost $40,000 after federal tax credits. U.S. Vice President Joe Biden and Delaware Gov. Jack Markell were scheduled to speak at an announcement ceremony this morning.

(Continue reading the Green Tech blog at CNet)

Image, right,  shows Fisker sports car, the Karma