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Fisker Secures $115.3M in Private Equity Funding; Necessary to Access $528.7M DOE Loan

Green Car Congress

million US 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. Earlier post.). Earlier post.).

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

The purchase funds for Fisker would in theory go directly to the DOE since the government agency loaned the auto company a large sum of money before it stopped production more than a year ago. Delays in production and last-minute design changes drove the price to build a Karma much higher than the company could sell them for.

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Intel claims it can simplify EVs, boost range—with help from Karma

Baua Electric

Could consolidate 50+ ECUs typical in new EVs to just a few Nets a 3-5% gain in efficiency and range, faster charging Simplifies assembly, cuts weight, extends reach of OTA updates Karma Kaveya EV arriving in 2026 is built on Intel architecture The idea of the software-defined vehicle is, it seems, a billion-dollar buzzword in todays auto industry.

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Nissan Leaf – Taking Reservations

Revenge of the Electric Car

Funny that this article cites “a shortage of public charging stations&# as the sole reason for auto makers scrapping electric vehicles in the 1990s. Others include the Fisker Karma, the Aptera 2e, the Coda sedan, Chevy’s Volt and Tesla’s Model S. By Dana Hull for the San Jose Mercury News.

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Bright’s Plug-In Car: Aerodynamics Are Key

Revenge of the Electric Car

To date, the relatively high cost of batteries has kept electric and plug-in vehicles at the fringes of the auto industry. Many of the other executives have years of experience in the auto business. The Chevy Volt is based around a series hybrid design and so is the Karma coming later this year from Fisker Automotive.

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As EV Sales Stall, Plug-In Hybrids Get a Reboot

Cars That Think

Its almost been a religion that its EVs or bust, so lets not fool around with hybrids or hydrogen, says Michael Dunne , CEO of Dunne Insights , a leading analyst of Chinas auto industry. The short-lived 2012 Fisker Karma took a similar approach. Big players, including Geely Auto and SAIC Motor Corp. ,

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News: 2023 Fisker Ocean Introduced

Clean Fleet Report

The production-ready 2023 Fisker Ocean debuted at the 2021 Los Angeles Auto Show to an interested group of industry insiders and journalists. Company CEO and founder Henrik Fisker has had a hand in designing the BMW Z8, the Aston Martin DB9 and the V8 Vantage, and the Fisker Karma. Swimming with the Big Boys.

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