Fisker was founded in the summer of 2007, and many people have been eagerly anticipating the Karma. And why not? The car is undeniably attractive, with a compelling environmental story and (at least on paper) rip-roaring high performance. Henrik Fisker, the chief executive, is also a charismatic figure. But just months from the car’s debut, very few people outside the company have driven it. (The crown prince of Denmark got a Karma ride to a climate conference.)
Popular Science wrote about the Karma in its May issue, calling Fisker’s secrecy “worrisome.” The magazine also posed questions and noted that the company “is on its third battery supplier in three years.” In the positive column, the article cited “a highly respected founder, attractive prototypes and a half-billion-dollar loan.”

Karma on Showroom Floor

Another big time article for Fisker, just after the spread in Popular Science now the New York Times has picked up the story.

Fisker was founded in the summer of 2007, and many people have been eagerly anticipating the Karma. And why not? The car is undeniably attractive, with a compelling environmental story and (at least on paper) rip-roaring high performance. Henrik Fisker, the chief executive, is also a charismatic figure. But just months from the car’s debut, very few people outside the company have driven it. (The crown prince of Denmark got a Karma ride to a climate conference.)

Popular Science wrote about the Karma in its May issue, calling Fisker’s secrecy “worrisome.” The magazine also posed questions and noted that the company “is on its third battery supplier in three years.” In the positive column, the article cited “a highly respected founder, attractive prototypes and a half-billion-dollar loan.”

[Source: The New York Times]

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Koehler in Delaware

Fisker Automotive’s COO Bernard Koehler spoke at a manufacturing conference hosted by the Delaware State Chamber of Commerce.  He spoke with great confidence of the pending sales and subsequent renovation of the Boxwood plant.

Fisker plans to produce two lines of luxury plug-in hybrid cars at the factory, where it expects to eventually employ 2,000 workers.

Koehler was the keynote speaker at the chamber’s manufacturing conference, held in the morning at the Sheraton Hotel on U.S. 13, and shared the stage at a legislative brunch with Delaware Gov. Jack Markell in the afternoon. In both addresses, Koehler committed to working with local suppliers at the plant, and said the company will hold an event as early as May for suppliers to meet Fisker executives and push their wares.

He also spoke Wednesday about choosing Delaware — among many states that were courting the company — as its manufacturing hub.

“It’s a great location,” Koehler said. “The equipment is still in place. We have the work force here. Why not Delaware?”

[Source: delawareonline]

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Fisker Karma Space Frame

The advanced aluminum space frame underpinning the Fisker Karma incorporates new levels of rigidity and strength that will give the world’s first premium plug-in hybrid electric vehicle world-class ride and handling characteristics. It will debut at the Geneva Motor Show March 2-14, 2010.  Fisker Automotive’s talented and experienced engineering team designed the Karma’s space frame around the car’s unique Q-DRIVE® series-hybrid powertrain, filing for multiple patents in the process. Q-DRIVE® consists of a 2.0-liter turbocharged ECOTEC® engine/generator set, a lithium-ion battery pack from A123 Systems, and a rear-mounted 403hp traction motor assembly.

Though it forms the foundation of a large sedan the Karma space frame’s rigidity is exceptional even when compared to today’s sports cars. By utilizing 5,000- and 6,000-series aluminum alloys and a unique extrusion-intensive architecture, the Fisker engineering team achieved the best balance between weight and size.  “Our top priorities when we designed the Karma’s aluminum space frame were that it have extremely high torsional rigidity and could be easily modified to accept Karma model variants,” explained Henrik Fisker, CEO, Fisker Automotive. “We benchmarked some of the world’s best cars to create an all-new space frame that will deliver an exhilarating experience behind the wheel.  A super-structural tunnel running down the car’s centerline acts as the Karma’s backbone. It not only houses the battery pack but acts as a torque tube connecting front and rear sections. For optimal strength the Karma’s space frame is joined with 79 meters of precision CMT MIG welds and 1,058 self-piercing rivets. Each technique is used independently only where necessary to ensure top quality and durability.  The result is an industry-leading space frame that provides a solid foundation for the Karma. Few cars match its statistics: Static torsional rigidity – the amount the space frame resists twisting forces when entering a ramp at an angle, for example –measures more than 33,000 Newton-meters per degree (Nm/deg). Static bending rigidity – the amount the space frame resists flexing forces as the car enters a ramp straight on, for example – measures more than 23,000 N/mm. Dynamic stiffness – the space frame’s resistance to resonant vibrations like those felt when driving over a sharp bump or rough road surfaces—is also world class.

Priority: Safety

Thanks to intelligent engineering solutions the Karma’s space frame also provides the utmost in occupant safety and exceeds global crash protection standards.  Front impact protection starts with a patent-pending, multi-cell tempered aluminum crush box that displaces high-impact energy away from passengers. Its unique design allows it to be easily replaced, reducing repair costs that could lower insurance premiums. Dual Phase 600-Series steel reinforced components in the doors and Bpillars provide substantial side impact protection. And the lithium-ion battery’s location in the center of the car puts it farthest from impact areas.  Valmet Automotive will assemble the space frames at its state-of-the-art facility in Uusikaupunki, Finland.

[Source: Fisker Automotive; Image: TheMotorReport]

Fisker Automotive HQ

Fisker Automotive, developer of the world’s first premium plug-in hybrid, is expanding to accelerate development of its next generation plug-in hybrids, code named Project NINA.

Beginning March 1 Fisker Automotive’s global headquarters in Irvine, California will house all design, engineering, sales, marketing, and administrative operations. All positions from the company’s Pontiac, Michigan facility will be transferred, and the company expects the number of new hires to expand dramatically.

The consolidation will not affect Fisker Automotive’s partnerships with several dozen Michigan-based engineering firms and parts supply companies.

“Having our entire team in California ensures greater efficiency and speeds up development of our new plug-in hybrids,” said Henrik Fisker, CEO. “We are expanding quickly to work on both Karma and Project NINA programs at the same time.”

Fisker Automotive’s recent $115 million round of private equity funding has made the changes possible ahead of schedule.

Project NINA, already in progress, will result in a line of family-oriented plug-in hybrids expected to start at $39,900 after a $7,500 federal tax credit. State and local incentives could effectively lower the price further. Fisker Automotive plans to start production in 2012 at a factory in Wilmington, Delaware formerly owned by General Motors.

The program is expected to save or create up to 5,000 direct and indirect U.S. jobs and reach an anticipated volume of 100,000 plug-in hybrids per year in 2013.

Fisker Automotive created the premium green car segment when it unveiled its Karma plug-in hybrid in 2008. Since then several major manufacturers have announced their intent to compete.

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New American carmaker Fisker Automotive has secured access to an additional $115.3 million in private equity funding to develop plug-in hybrid cars.

This funding is necessary for Fisker Automotive (www.fiskerautomotive.com) to access a $528.7 million U.S. Department of Energy conditional loan that will, in part, help speed completion of the Fisker Karma, the company’s first plug-in hybrid.

The raise comes at a time when capital is scarce, the auto industry is struggling and the global economy is just beginning to rebound.

Starting at $87,900 the Karma paves the way for development of lower-cost plug-in hybrid technology for a second, family-oriented car code named Project NINA. Project NINA is expected to be built in Wilmington, Delaware at a former General Motors assembly plant starting in 2012.

“Raising $115 million in these times speaks volumes about the value of our business model and the vast potential of plug-in hybrids,” said Henrik Fisker, CEO.

Investors include A123 Systems, Ace Investments and Kleiner Perkins Caufield & Byers.

Fisker Automotive earlier this week signed a multi-year supply agreement with A123 Systems for the lithium-ion batteries that will power the Karma.

“Fisker Automotive selected A123 because of the company’s ability to meet our performance needs and rapidly scale to our production volume,” said Fisker. “We are committed to developing environmentally friendly cars that don’t sacrifice style or performance. A123’s technology will ensure the Karma delivers.”

Designed and engineered in the U.S., the four-door Karma proves eco-friendly cars can still have style and power. The Karma can reach 60mph in six seconds and top 125mph, yet runs cleaner and more efficiently than today’s most popular hybrids.

[Source: Fisker Automotive]

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