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DOE Closes $529M Loan to Fisker Automotive

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million loan with Fisker Automotive for the development and production of two lines of plug-in hybrid electric vehicles (PHEV). million loan to Fisker in September 2009. When full production is reached in 2015, Fisker estimates annual sales at up to 115,000 vehicles. The US Department of Energy (DOE) closed a $528.7

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DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

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million conditional loan to Fisker Automotive for the development of two lines of plug-in hybrids—the Karma and the new Project Nina vehicle—by 2016. In the first stage of the program, Fisker Automotive will use a $169.3 Engineers will also design tools and equipment and develop manufacturing processes. Earlier post.)

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Safest EVs, VW ID.4 update, Honda fuel-cell PHEV, Fiat’s EV future: The Week in Reverse

Baua Electric

Which major automaker might be partnering with Fisker for an electric pickup? Fisker Alaska electric truck concept Fisker confirmed with an earnings report and update delivered Thursday that it’s in talks with an unnamed “large automaker” for EV platforms, investment, and North American manufacturing.

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A123 Systems Signs Multi-Year Li-ion Battery System Supply Agreement With Fisker Automotive, Intends to Invest Up To $23M in Fisker

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A123 Systems has entered a battery supply agreement with Fisker Automotive to supply battery systems for the Fisker Karma Plug-in Hybrid Electric Vehicle (PHEV). The multi-year agreement provides that A123 is the selected battery system supplier for the Fisker Karma. Project Nina is expected to launch in 2012. Investment.

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Fisker Karma Makes Public Driving Debut

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The Fisker Karma plug-in extended range electric vehicle ( earlier post ) made its public driving debut over the weekend, 19 months after being introduced as a concept. Behind the wheel was Fisker Automotive co-founder and COO Bernhard Koehler. Carbon emissions are also lower than today’s hybrids.

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Fisker Recruits First US Dealers for PHEVs; Appoints First Distributors for Europe

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Fisker Automotive has appointed its first group of 32 US retailers to market and service its luxury plug-in hybrid vehicles, beginning with the $87,900 Karma sedan later this year. Fisker Board member Vic Doolan has been instrumental in guiding development of the company’s retail network. The initial set includes: Click to enlarge.

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Quantum Signs $10.2 Million Phase III Plug-in Development Contract with Fisker Automotive

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million contract for Phase III development of plug-in hybrid powertrains for Fisker automobiles. Phase III includes the continuation of engineering development and completion of validation of the powertrain and consists of high altitude, durability, hot and cold weather testing. Quantum Fuel Systems Technologies Worldwide, Inc.

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