Canada’s Advanced Lithium Power signs Battery Deal with Fisker
March 13, 2009 by admin · Leave a Comment
The LA Times is reporting that Fisker Automotive has signed a deal with Vancouver-based Advanced Lithium Power Inc. On top of ordering (hopefully) thousands of 22.6-kilowatt-hour lithium-ion batteries for the Karma from ALP, Fisker will also make a “sizable” cash investment in the company. Fisker spokesman Russel Datz told the LA Times that two seats on the ALP board will go to Fisker. The exact number and cost of the batteries was not disclosed. Read more
Fisker Signs Up With Large Dealer Network
February 3, 2009 by admin · Leave a Comment
One of America’s largest auto dealer groups has been signed by Fisker Automotive to carry their sedan and hardtop convertible Karma plug-in hybrid models.
Automotive News has reported that the dealer group is the influential Ron Tonkin Automotive Group, which owns 15 dealerships in and around the Portland, OR area. AN says the group has 2007 sales of almost 23,000 new, used and fleet cars and trucks for a combined value of $466 million. Tonkin will be Fisker’s exclusive Oregon state dealership. Read more
Henrik Fisker discusses his new plug-in hybrid Karma
January 18, 2009 by admin · Leave a Comment
After the unveiling of the production version of the Fisker Karma and the Karma Sunset concept at the Detroit Auto Show, Henrik Fisker talked about the company he has founded.
He talked about some of the technical details and we now know that the battery supplier will be Advanced Lithium Power. Fisker has exclusive access to batteries from ALP after recently taking an equity stake in the company. Video after the jump. Read more
Fisker Karma Has A Starting Price Of $87,900
December 3, 2008 by admin · Leave a Comment
Here is a low-resolution peek at the Fisker ahead of an official reveal at the 2009 Detroit Auto Show. Again we see the production car is almost identical to the concept car, except the grille is revised for a much sexier look. Read more
Fisker to Produce Cars in Finland
November 14, 2008 by admin · Leave a Comment
Fisker just opened a Michigan engineering facility a few days ago and the hybrid carmaker has now finalized its deal to manufacture the Karma in Finland. Valmet Automotive will be responsible for building the bodies and doing final assembly. With a succesful funding round in Spetember that generated $65 million in investment coming from the Qatar Investment Authority with extra funds coming from Kleiner Perkins and Palo Alto Investors, Tesla Motor executive’s must be getting slightly worried about all this success.
A new welding line will be installed at the Valmet factory and about 500 people are expected to be employed in the build process. Fisker is still targeting a production start in late 2009 with cars coming to the U.S. first followed by European deliveries in 2010. The Fisker Karma is expected to debut in production form at the Detroit Auto Show in January.
It would be surprising if they do manage to meet all their targets, but judging by the success they have enjoyed lately I wouldn’t bet against them. That being said dealmaking is one thing, car production is quite another.
