
Per the press release linked below, Quantum Fuel Systems Technologies Worldwide, Inc. announced today that it has entered into a letter of intent with Fisker Automotive that outlines the terms of a production and licensing agreement for the Fisker Karma Program. Under the supply arrangement, Quantum will be the exclusive supplier of the Q-Drive™ hybrid control systems including the hybrid controller and Quantum's proprietary hybrid control software, the inverters and Quantum's proprietary motor control software, on-board charger and control systems, the DC-DC converter and the solar roof module, subject to Quantum meeting the required price, performance, quality and delivery specifications. Quantum would also receive a royalty payment on each Karma sold that incorporates Quantum's Q-Drive. The definitive supply agreement, once finalized, is subject to approval by the Department of Energy.
The supply agreement will also provide Quantum with the opportunity to supply components and systems for future Fisker Automotive vehicle programs, upon Quantum meeting the automaker's performance, cost and delivery requirements.
The Q-Drive control and software system has evolved over five years of innovation and development at Quantum. Quantum's Q-Drive system takes full advantage of the performance potential of electric drive systems while achieving high fuel mileage and low emissions through its integrated plug-in hybrid electric design. Benefits of Quantum's drive system include optimized fuel efficiency and superior performance, unchanged gas station infrastructure, and convenient battery recharging with any 110-volt outlet, 220/240-volt fast-charging, or using Quantum's solar energy powered re-charging station.
Quantum is continuing its integration of Quantum's Q-Drive system, under a funded development program with Fisker Automotive, into a unique chassis that will enable optimizing the performance and vehicle dynamics for the Fisker Karma. Additional efforts are anticipated for Quantum to complete the development, testing, and validation of the integrated Q-Drive system to meet all automotive industry, safety, and emissions standards to be able to put the Fisker high-performance luxury sedan into the hands of consumers.
"We are gearing up for the Karma production phase and are excited about bringing our innovative Q-Drive PHEV control systems to market. Fisker has announced that production will begin as early as the 3rd calendar quarter of this year," said Alan P. Niedzwiecki, the President and CEO of Quantum.
As we near production of the Fisker Karma, announcements of various contracts and other formalities will ensue. The announcement of Quantum sourcing their Q-drive to Fisker Automotive was a foregone conclusion, but the word "exclusive" caught my eye. The LOI seems to state that Quantum is the only supplier of the Q-drive, which is obvious, and it may be inferred that Fisker Automotive isn't sourcing any other vendor's propulsion system for the Fisker Karma. My next question is: Per these agreements, is Quantum allowed to supply their Q-drive to any other automakers beyond Fisker Automotive? I would like to think that they could, as I believe plug-in series hybrids will be an important configuration for the next couple decades. Per a related story, they may be used for conversion of the US Postal Service fleet.
[Source: Press Release]
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By Chris O Posted: 1/20/2010 12:57pm PST
By Jason M. Hendler Posted: 1/20/2010 1:40pm PST
I do believe fuel cost increases and economies of scale will allow EREV's to stay viable for decades.
By Chris O Posted: 1/20/2010 2:52pm PST
By Jason M. Hendler Posted: 1/20/2010 3:49pm PST
Yes, Lutz spoke about an evolution of the Volt to a BEV, but that was always part of the plan, just as a plug-in fuel cell variant has been.
As I said in the previous comment, battery manufacturers aren't working to make batteries cheaper, but more energy dense, so automakers can increase range in BEV's. Only GM plans to use more energy dense batteries to reduce pack size and cost by holding range to 40 miles.
By Noel Park Posted: 1/20/2010 4:43pm PST
And it's not 20K anyway, at least for the 1st 250K units. And, I doubt if you will be able to get a Cruze with the same equipment level as a Volt for 20K.
By Noel Park Posted: 1/20/2010 4:46pm PST
By Eric E Posted: 1/20/2010 7:47pm PST
A serial hybrid is simpler than a standard gas ICE and FAR simpler than a standard parallel hybrid like the Prius.
So if you are right about the cost being related to the sum of it's parts, then the EREV could be an excellent interim technology until BEVs become more practical with the cost/range ratio.
By Chris O Posted: 1/21/2010 1:50am PST
Eric: how is a series hybrid simpler than a standard ICE vehicle if in fact it has all the components of an ICE vehicle except that it has it's tranny replaced by a generator ánd a complete BEV drivetrain added to it minus 30% of the batterypack?
Noel: I think the Fisker Karma is a fantastic car with a great chance to succeed if the whole "eco-chique"thing catches on in a market segment in which the extra cost of the PHEV drivetrain can be absorbed by the price relatively easy. For the same reason I think a Caddy Converj makes more sense than a Chevy Volt BTW.
By Noel Park Posted: 1/21/2010 3:02pm PST
Well my marketing expertise and $1.70 will get you a cup of coffee down at Starbucks, LOL. I'm sure that we will all be watching the trajectory of Fisker with great interest. Maybe we can touch base in about a year and see what has happened.
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