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Fisker Lands Additional $85M for Karma Plug-in

Green Car Congress

has entered into definitive agreements to receive an additional $85 million in venture capital funding for the development and manufacturing of its Karma plug-in hybrid automobiles. Early production vehicles of the 2010 Fisker Karma are slated to come off the assembly line late this year. Fisker Automotive, Inc.

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2011 Fisker Karma Countdown: Visits to Dealers, Not Reviewers

Green Car Reports

The 2011 Fisker Karma will be the world's first plug-in hybrid luxury sports sedan. At a price of $87,400 before tax credits, it's not surprising that the company wants to get the car exactly right before exposing it to the glare of publicity.

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

Green Car Congress

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. million ATVM loan for engineering integration costs as it works with primarily US suppliers to complete the company’s first vehicle, the Fisker Karma. Earlier post.)

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

The US Department of Energy (DOE) has released One Million Electric Vehicles by 2015 , a short status report on advances in deployment and progress to date in meeting President Obama’s goal of putting one million plug-in electric vehicles (PEV) on the road by 2015. Fisker Karma EREV. Estimated US supply of PEVs from 2011-2015.

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Tesla changes, EPA updates, tax credits, Kia Soul EV review: The Week in Reverse

Green Car Reports

state may regain the title of lithium-mining capital? What model will Tesla quit selling online? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 12, 2019. Tesla shook up its lineup again on Friday, announcing leases for the Model 3 and dropping the base $35,000 from its.

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What's it gonna take?

Plugs and Cars

Sales of plug-in cars are steady, but not overwhelming. Fisker is delivering the Karma, but not without glitches and its DOE loan is being questioned. If we want to see more and more varied plug-in models offered, we’ve got to ensure that demand for plug-ins always exceeds supply. It just might be up to us. Give rides!

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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.