article thumbnail

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.

Karma 150
article thumbnail

Mustang Mach-E range, Karma vs. Lordstown, Nissan and Hercules: Today’s Car News

Green Car Reports

Karma calls foul on Lordstown. The most affordable versions of the Ford Mustang Mach-E arrive to actually undercut the Chevrolet Bolt EV for those who can claim the $7,500 EV tax. Nissan appears to be exploring electric-truck possibilities, too. And the Mustang Mach-E electric SUV gets EPA range ratings.

Karma 138
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.)

Fisker 199
article thumbnail

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.

Karma 90
article thumbnail

These 5 Plugin Vehicle Models Would Benefit Most From Proposed US EV Tax Credit Update (Chart)

CleanTechnica EVs

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

article thumbnail

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

Green Car Congress

Fisker Karma EREV. The Obama Administration is proposing a three-part strategy that supports electric vehicle manufacturing and adoption through improvements to tax credits in current law, investments in research and development (R&D), and a new competitive program to encourage communities to invest in electric vehicle infrastructure.

2015 210
article thumbnail

Nissan Leaf – Taking Reservations

Revenge of the Electric Car

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. Others include the Fisker Karma, the Aptera 2e, the Coda sedan, Chevy’s Volt and Tesla’s Model S. The Leaf’s suggested retail price of $32,780 drops to $25,280 after a $7,500 federal income tax credit.

Nissan 160