article thumbnail

Fisker secures $100+ M in initial closing of new equity financing

Green Car Congress

Fisker Automotive has completed the initial closing of its current equity financing, representing in excess of $100 million of new funding. This initial closing will provide the company with funding for continued product development, market expansion and a new global marketing campaign for the Fisker Karma extended range electric vehicle.

Fisker 225
article thumbnail

Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

Green Car Congress

The EVer (Electric Vehicle extended range) powertrain of the Fisker Karma. The company, which began deliveries of the Fisker Karma luxury four-door extended range electric sedan in December 2011, also said that it has delivered 1,000 vehicles to customers in the US and Europe. Click to enlarge.

Fisker 277
article thumbnail

GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

This rate is substantially below the 15 to 17 million annual vehicle sales rates recorded from 1995 through 2007. GM will launch the Chevrolet Volt extended range electric vehicle in 2010, expects to have 14 hybrid models in production by 2012, and will have 65% of vehicles alternative-fuel capable by 2014. Earlier post.)

GM 150