SHANGHAI (Dec. 15, 2010) Fisker Automotive, the California manufacturer of premium electric vehicles with extended range, has partnered with the China Grand Automotive Group, the number one passenger car trader in China, to have its vehicles distributed, marketed and serviced in the region.
Executives from Fisker and China Grand Auto (CGA) formalized the non-exclusive agreement during a ceremony near CGA headquarters in Shanghai today. CGA has a network of more than 200 retail stores carrying 40 brands including Mercedes-Benz, BMW, Lexus and Lamborghini. In 2010 the company reached sales of RMB 50B (USD 7.5B).
The rapid growth of auto sales, particularly within the luxury segment, combined with the country’s effort to minimize carbon emissions makes China an excellent market for Fisker Automotive, a company that believes environmentally conscious cars can deliver passion, style and performance.
“We are extremely proud to be working with CGA to support Fisker Automotive in the fast-emerging Chinese market,” said Henrik Fisker, CEO, Fisker Automotive. “With its vast network of experienced retailers CGA will give Fisker an instant and credible footprint in the region. CGA’s attention to detail and excellent customer service will ensure Fisker buyers receive the level of service and peace of mind expected of a premium brand.”
Fisker Automotive’s first car, the Fisker Karma, will make its Chinese debut at the Shanghai Motor Show in April 2011. The Karma represents Fisker Automotive’s vision of responsible luxury and is the world’s first true electric vehicle with extended range.
The Karma combines world class style and performance with industry leading economy and the lowest emissions of nearly any production vehicle. With a total range of 483 km (300 mi) the four-passenger Karma saloon is capable of traveling 80 km (50 mi) on emission-free electric power alone, and an additional 403 km (250 mi) on low-emission hybrid electric power.
About 3,000 pre-orders for the Karma have already been placed by eager customers around the world. The company plans to sell 15,000 Karma vehicles per year globally. Initial Chinese customer deliveries are expected to take place in the fall.
Fisker is also developing a higher-volume line of premium electric vehicles with extended range, scheduled to start production in the fourth quarter of 2012.
This partnership with CGA brings to five the number of Fisker importers developing comprehensive retail networks that will provide consumers around the world convenient access to the company’s stylish, environmentally conscious vehicles.
Fisker’s North American network consists of 42 retailers in 45 locations from coast to coast.
ABOUT FISKER KARMAThe Fisker Karma is the world’s first true electric vehicle with extended range and the embodiment of the design-driven company’s firm belief that environmentally conscious cars need not sacrifice passion, style or performance.
Designed by Fisker Automotive co-founder, CEO and executive design director Henrik Fisker (Artega GT; Aston Martin V8 Vantage; Aston Martin DB9; BMW Z8), the four-door, four-passenger Karma combines world-class style with better efficiency and lower emissions than today’s best hybrids to deliver an uncompromised, premium vehicle that sets the tone for the future of driving.
With exotic car looks, sports car performance, an achievable annual average economy of 2.4L/100 km (100 mpg) and emissions of just 83g/km, the 300 kW (403 hp/408 PS) Fisker Karma is the only truly responsible alternative to traditionally powered luxury cars.
ABOUT FISKER AUTOMOTIVEFisker Automotive (www.fiskerautomotive.com) is an American premium electric vehicle manufacturer with a mission to redefine the luxury automobile with an unwavering dedication to sustainability. Global headquarters are in Irvine, California. Acclaimed auto designer Henrik Fisker and industry veteran Bernhard Koehler established the company in 2007 to address the need for environmentally conscious vehicles that deliver passion, style and performance.
Previously, Fisker was design director and a board member for Aston Martin, as well as president and CEO of DesignworksUSA, BMW’s North American design arm. Koehler led operations for Ford’s Global Advanced Design Studio in London and created concept cars for Aston Martin, MINI and BMW.
ABOUT CHINA GRAND AUTOMOTIVE GROUPFounded in 2006, China Grand Automotive Group (CGA) is a joint venture invested by Xinjiang Guanghui Industry Investment (Group) Co., Ltd. and U.S. TPG Newbridge Capital LLC. With its headquarter in Shanghai and business scope in 12 provinces in China. CGA has built a network of over 200 4S stores carrying over 40 auto brands. The company is now a leading distributor of automotive products in the domestic market, reaching sales revenue of RMB 50 billion by the end of 2010, ranking the number one passenger car traders in China. CGA operates in automobile sales and maintenance, parts supply, used car sales, car insurance, project development of imported cars and parts, car decorations, car rental and related information consulting.
Designed and engineered by Southern California automaker Fisker Automotive (www.fiskerautomotive.com) the four-door Karma is the embodiment of the design-driven company’s firm belief that environmentally conscious cars need not sacrifice passion, style or performance. By combining world-class style and performance with industry leading efficiency and the lowest emissions of nearly any production car the Fisker Karma is the only responsible option for luxury car buyers.
Driven only by electric motors at all times the Karma delivers the zero-tailpipe-emissions of an all-electric vehicle and eliminates Range Anxiety with the 300 mile (480 km) range of a traditional gas-powered car.
“The Fisker Karma represents our goal of bringing an eco-friendly vehicle founded on the principles of ‘Pure Driving Passion’ to consumers around the world,” said Henrik Fisker, CEO. “As a center for style and culture made up of people who are proud to express their personalities and their concern for the environment, Los Angeles is the perfect place for the Karma to make its North American debut.”
Responsible LuxuryTM
Fisker Automotive’s commitment to purity throughout the Karma reflects its dedication to introducing sustainability and accountability to luxury automotive design - Responsible LuxuryTM. To date, Fisker Automotive has 70 patents for the Karma.
The company’s message has always been clear: Designing a beautiful vehicle with innovative technology provides drivers the ultimate freedom, fusing green technology with energy independence. It also involves an unwavering commitment to purity.
For example, when sourcing environmentally conscious and sustainable materials, if Fisker designers and engineers felt existing technologies did not meet their exacting standards, they developed new, superior approaches that resulted in several proprietary designs.
One of these unique technologies is the world’s largest continuous solar panel roof for an automobile. This beautiful, sculptural form captures the power of the sun to help power the Karma.
The pursuit of pure design also led Fisker to create one of the most sustainable and accountable interiors in automotive history.
To process the leather for the Karma’s Eco-SportTM interior a 100% sustainable manufacturing strategy is used, resulting in one of the highest yields in the industry. This process is conducted at the world’s first energy self-sufficient, closed loop leather manufacturing plant where both gas and electricity are generated on-site from by-products of the leather making process.
The Karma’s interior wood wings and accents are also unique and sustainable, sourced from certified Fallen, Sunken and Rescued WoodTM to create a luxurious sensory experience inspired by nature. No live growth is ever used.
Fisker sees beauty in giving new life to wood sourced from trees damaged during the 2007 Southern California wildfires by featuring it in one of the most sustainable interiors in automotive history. Instead of artificially treating living trees harvested from Brazilian rain forests, as is the industry standard, Fisker searched its own back yard to source the Karma’s Rescued WoodTM wings and accents. These highly sought after old growth woods were salvaged from over 230,000 acres of scorched land and are available as part of the Karma’s animal-free Eco-ChicTM package option.
From Concept to Reality, Unchanged
Designed by Fisker Automotive co-founder, CEO and executive design director Henrik Fisker, the four- door, four-passenger Karma combines world-class style and performance with industry leading efficiency and the lowest emissions of nearly any production car resulting in an uncompromised, premium vehicle that sets the tone for the future of driving.
Mr. Fisker is responsible for designing some of the most desirable and iconic luxury sports cars of the modern era, including the Aston Martin V8 Vantage, Aston Martin DB9, BMW Z8 and others.
With exotic car looks, sports car performance, an achievable annual average economy of 100 mpg (2.4L/100 km) and emissions of just 133g/mi (83g/km), the 403 hp (300 kW /408 PS) Fisker Karma is the only truly responsible alternative to traditionally powered luxury cars.
True to Fisker’s goal of bringing the Karma concept to reality in its original form, the production car retains, and even adds to, all of the original concept’s elegant design, dramatic proportion and unique features.
“Too often concept cars are just that – concepts,” Henrik Fisker said. “As car enthusiasts we wanted to see all that excitement and imagination make it to production. It’s what keeps us in love with cars. I feel our team has succeeded in every way.” Most notable is the Karma’s athletic appearance. At 196.7 in. (4.99 m) long, 78.1 in. (1.98 m) wide and just 52.4 in. (1.33 m) high, the Karma’s final production dimensions remain virtually the same as the concept’s
A long hood -- accentuated by a large dash-to-axle ratio -- and short deck give the Karma a timeless silhouette. Its expansive (124.4 in. [3.16 m]) wheelbase, short (35.9/36.3 in. [913/923 mm] f/r) overhangs and wide (66.6/67.0 in. – [1.69/1.70 m] f/r) track reinforce the Karma’s performance orientation even when standing still.
Also retained from the concept are the 22-inch aluminum-alloy Circuit BladeTM wheels and the world’s largest solar panel roof for an automobile, which, along with other details, communicate the car’s advanced technology and environmental purpose.
The Fisker Karma is the first car to be equipped with 22-inch wheels as standard equipment.
In addition, the production Karma keeps the concept’s complex parting lines around front and rear fascias, along with the industry’s tightest tire-to-wheel arch relationship. These details enhance the Karma’s overall design and set it further apart from its competitors.
The most significant visible exterior change from the concept is the addition of B-pillars, which increase the Karma’s structural rigidity and help it meet global crash protection requirements.
Unique to the segment is the Karma’s absence of external window frames between rear door-glass panes, which improves aesthetics and reduces wind noise.
Also improving aesthetics is the Karma Command CenterTM -- the industry’s first and, at 10.2 in. (25 cm), largest haptic feedback touch screen – which elegantly consolidates into a single location controls for automatic dual-zone climate, audio/infotainment, phone, navigation and vehicle systems.
Like the concept, the production Karma has a four-seat cockpit with a large center console running from the dashboard to the rear seatback, which houses the rechargeable Lithium ion battery.
This console incorporates intuitive gear selector buttons in place of the concept’s original shifter, as well as electric window controls, rear seat-heater switches, storage and a convenient cup holder for each occupant.
Q-Drive® Advanced Technology Power
The Karma is the first and only true electric vehicle with extended range. With no mechanical link between gas engine and drive wheels, Fisker’s exclusive Q-Drive® powertrain frees the internal combustion engine to work at its highest efficiency by turning only the attached 175 kW generator, which sends power directly to its two electric traction motors
With 403 hp (300 kW) and 981 lb-ft (1,330 Nm) of torque at zero rpm the Karma can quickly reach Autobahn speeds, yet achieve better annual average fuel economy and lower CO2 emissions than nearly any other production car.
With a total range of 300 miles Karma drivers will not be concerned about Range Anxiety. By leveraging the world’s existing gasoline infrastructure to power its range extending generator as needed, the Fisker Karma retains the full freedom drivers expect from their cars.
Fifty miles (80 km) are electric-only and tailpipe-emission free when powered only by its 20 kWh Lithium ion battery, which can be recharged in as little as six hours on standard 240-volt current.
When the battery is depleted, or when the driver engages Sport mode, the Karma’s 2.0L, turbocharged four-cylinder Ecotec gas engine automatically turns a 175 kW generator that sends electricity to two 201.5 hp (150 kW /204 PS) electric traction motors mounted directly to the rear differential.
This single speed gearbox ensures a smooth, constant delivery of power to the wheels without hesitation, all the way to the Karma’s top speed of 125 mph (200 kmh).
World Class Manufacturing
While Fisker Automotive is globally headquartered in Southern California, the Karma will be built by Valmet Automotive at its state-of-the-art flexible assembly plant in Finland.
Creating Jobs in California, and Around the World
Fisker Automotive is contributing to California’s economy, and the world’s, by creating jobs and developing technology that will protect the environment from harmful fossil fuel emissions, reduce America’s dependence on oil as a transportation energy source.
Since early 2010 Fisker Automotive has more than doubled its full time staff to more than 100, and continues to expand. The company is hiring the most talented experts and expects to fill an additional 75- 100 positions in the next six to eight months.
This does not include the hundreds of additional people around the world – many co-located at Fisker’s global headquarters in Irvine – already working for Tier 1 suppliers and other vendors supporting the company’s two plug-in hybrid programs.
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American premium plug-in hybrid electric vehicle manufacturer with a mission to redefine the luxury automobile with an unwavering dedication to sustainability. Global headquarters are in Irvine, California. Acclaimed auto designer Henrik Fisker and industry veteran Bernhard Koehler established the company in 2007 to address the need for environmentally conscious vehicles that deliver passion, style and performance.
Previously, Fisker was design director and a board member for Aston Martin, as well as president and CEO of DesignworksUSA, BMW’s North American design arm. Koehler led operations for Ford’s Global Advanced Design Studio in London and created concept cars for Aston Martin, MINI and BMW.

FISKER AUTOMOTIVE. © 2011