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. MORE

The report concludes that while the 1-million unit goal is ambitious, it is also achievable based on steps already taken as part of the Recovery Act along with proposed additional policy initiatives including improvements to existing consumer tax credits, programs to help cities prepare for the growing demand for electric vehicles, and strong support for research and development to continue reducing the cost of electric vehicles. Fisker Karma EREV. MORE

Fisker is delivering the Karma, but not without glitches and its DOE loan is being questioned. The least expensive, the Mitsu i, could be had in some places for less than $20,000 (with tax credits and rebates) while the Karma will set you back over $100K. It just might be up to us. Sales of plug-in cars are steady, but not overwhelming. The Volt has had to contend with the overblown battery fire incident and the production hiatus. MORE

The US Department of Energy is awarding a $528.7-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. The four-door Karma is scheduled to appear in showrooms in summer 2010. MORE

The US Department of Energy has awarded the California based manufacturer a conditional loan of $528.7million for the development of two lines of plug-in hybrids – the Karma and the new Project Nina vehicle. In its first stage, Fisker will use $169.3million for engineering integration costs as it works with US suppliers to complete the Fisker Karma. MORE

karma EPA plug-in cars The Week In Reverse lithium Andrew Wheeler EV tax creditWhich U.S. 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. MORE

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. Others include the Fisker Karma, the Aptera 2e, the Coda sedan, Chevy’s Volt and Tesla’s Model S. MORE

Karma plans to show off its GT by Pininfarina coupe at Monterey Car week this month. New federal tax credits in Canada have boosted EV sales in the country, the government says. California filed another lawsuit against the Trump administration over proposed fuel-economy rules, this time about fines. And a new study by Volvo hints at how much fuel. Today in Car News MORE

Karma. Answer: Tesla already is making the fully electric sports luxury Roadster; Nissan will manufacture the five-passenger all-electric Leaf from late 2010; Fisker will make the first deliveries of its luxury Karma later this year; and GM’s Chevrolet Volt is a four-passenger hatchback due at some dealerships later this year. All will qualify for a $7,500 federal tax credit. The Wall Street Journal assesses your EV readiness. Are You Plugged In? MORE

Frank probably doesn’t even know about the E-Box, the Fiscar Karma, the new Mitsubishi iMRV, the Mini Electric car, Nissan’s new EV line or any of the other electric cars I’ve been tracking for the past couple of years. MORE

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. But Fisker is taking an unusual tack: They're touring the car around to dealers, working to build MORE