Biden
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Fisker Automotive may still be waiting for final certification from the EPA and other regulatory bodies for its 2012 Karma plug-in hybrid sports sedan, but that's not stopping it from moving forward with its next car line. The startup automaker announced today that it would source the range-extending engines for its 'Project Nina' premium midsize range from BMW. It will be a turbocharged four-cylinder engine, Fisker said, meaning that it's likely to be one of BMW's smallest fours, perhaps with a displacement of 1.6 liters. “The BMW engine was an obvious choice for us, as BMW is known...
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Obama Doubles Down on Plug-In Cars, More Policy Tweaks ComingLast night, in his State of the Union address, President Barack Obama reiterated his support for expanding U.S. production and sales of plug-in cars that run on grid power. Today, according to the Detroit News, a slew of policy changes will be unveiled by Vice President Joe Biden to advance that...
John Voelcker -
Fisker Funds Keep Coming: Delaware Adds To DoE's $529 Million
Last fall, Fisker Automotive was awarded $529 million in low-interest loans by the Department of Energy, and the company has continued to rake in cash since then. In January, for instance, Fisker raised an additional $115 million in private capital. Last week, the DoE and Fisker announced that the...
John Voelcker -
Fisker Gets $115 Million, New Battery Supplier, Stays on Schedule
Last Friday, startup plug-in hybrid maker Fisker Automotive announced it had raised another $115 million in funds from private backers, including lithium-ion cell supplier A123 Systems and legendary venture capital firm Kleiner Perkins Caufield & Byers. Buried in the press release was a...
John Voelcker -
Royalty Drives Fisker Karma Plug-In Hybrid, Journalists Not So Much
Not surprisingly, automotive journalists compete to be the first to drive the latest new cars. Some crave Chevies, others follow Ferrari. Here at GreenCarReports.com, we want to be among the first to drive electric cars and other plug-ins, new hybrids, clean diesels, and so forth. We've driven a...
John Voelcker
