Fisker Karma
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This story, written by Camille Ricketts, was originally posted on VentureBeat's GreenBeat, an editorial partner of GreenCarReports. Having already banked $100 million Fisker Automotive has raised its sights on a new round of venture capital funding, now seeking $175 million, according to a filing with the SEC (and first noticed by Earth2Tech). The company is perhaps best known as Tesla Motors‘ top competitor, having also received a hefty loan guarantee from the U.S. Department of Energy ($529 million versus Tesla’s $465 million), and pursuing a similar strategy starting with a green...
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Fisker Funds Keep Coming: Delaware Adds To DoE's $529 MillionLast 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 -
2011 Fisker Karma Countdown: Visits to Dealers, Not Reviewers
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...
John Voelcker -
Geneva Motor Show Preview: 2011 Fisker Karma Space Frame
While no journalist has yet driven a 2011 Fisker Karma with just nine months left before launch, the company will show the plug-in extended-range electric luxury sports sedan's aluminum space frame at this week's Geneva Motor Show. Designed to distribute elements of the car's plug-in hybrid...
John Voelcker -
2011 Fisker Karma Plug-In Moves Invisibly Toward Launch, Ad Agency Hired
Despite remaining all but invisible to the automotive press, startup carmaker Fisker Automotive is moving steadily toward a late-fall launch for its 2011 Fisker Karma plug-in hybrid luxury sports sedan. The latest news item is that chief marketing officer Marti Eulberg has hired advertising agency...
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 -
By voting 80 to 17 to approve a compromise bill allocating $33.5 billion to fund energy and water projects, the U.S. Senate yesterday also redefined what qualifies as an "automobile". Once President Barack Obama signs the measure, a vehicle with only three wheels can--for the purpose of allocating Department of Energy funds for its Advanced Technology Vehicle program--be considered an automobile. Beneficiary: Aptera 2e In particular, this unusual provision benefits Aptera Motors, of Vista, California, which is developing an ultra-aerodynamic three-wheeled electric car, the 2e. Development...
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MPG Follies, Or, Why Electric Cars Can't Get 367 MPG. Sheesh.
One of our most popular posts in August was a piece that broke down how General Motors projected a fuel efficiency of 230 miles per gallon in the city for its 2011 Chevrolet Volt extended-range electric car. Soon after GM's elaborate press event, Nissan announced with a straight face that their...
John Voelcker
