Barny Koehler appointed to Chief Business Development Officer.Fisker Automotive, the leading manufacturer of luxury Electric Vehicles with extended range (EVer™), today announced the appointment of Barny Koehler to the newly created role of Chief Business Development Officer, reporting to Tom LaSorda, CEO.
In his new position as Chief Business Development Officer and Co-Founder, Barny Koehler will move from his operational role of bringing the Karma to market to focusing specifically on strategic initiatives and new business opportunities. Key activities will include pursuing strategic alliances and partnerships, sharing advanced technology and intellectual property, and exploring manufacturing synergies with other global partners.
“This appointment makes it clear that Fisker Automotive is truly open for business,” said Tom LaSorda, Chief Executive Officer. “In only four years, Fisker has established itself as a pioneer in the industry, with a great product and brand identity that is changing the way we think about cars. Barny was critical in making this company a reality and now, as we grow our business and seek new opportunities with partners around the globe, I can’t imagine anyone better equipped to lead this effort.”
New Chief Financial Officer
Fisker Automotive recently announced Jim Yost as Chief Financial Officer. “Jim brings outstanding international and operational experience to Fisker. He will play a central role in all strategic and financial activities of the company,” said Tom LaSorda. He will also report to Tom LaSorda, CEO.
A well-known automotive industry financial executive with more than 30 years of experience, Yost most recently served as Executive Vice President, Chief Financial Officer of Dana Holdings. Before that, he served as EVP, Chief Financial Officer at Hayes Lemmerz and spent 27 years at Ford Motor Company in several senior and executive level finance roles in North America, Europe and South America.
Certification for Karma in Middle East and China
Fisker Automotive continues its expansion into new markets around the world. The Karma sedan, the world’s first luxury four-door electric vehicle and Fisker’s flagship model, is now fully certified for safety and emissions in the fast-growing automotive markets of the Middle East and China.
Fisker’s exclusive agreement with the Al-Futtaim Group, one of the Middle East’s most experienced automotive distributors, will leverage the group’s network of experienced retailers to establish Fisker’s sales presence in the region. Now that certification is complete, the path is clear to bring the Karma to customers in the U.A.E., Saudi Arabia, Qatar, Oman, Bahrain, and Egypt. Furthermore, certification of the Karma in China opens up the single largest automotive market in the world to Fisker Automotive.
“With Fisker poised to sell the Karma in China and the Middle East, we have established Fisker Automotive as a truly global automaker,” says Henrik Fisker, Executive Chairman and Co-Founder. “It is personally gratifying to me to know that this groundbreaking technology – designed and engineered in America – will be exported around the world.” In addition to its partners in China and the Middle East, Fisker Automotive has 80 independent retail locations in the U.S., Canada, and Europe.
New corporate site
Fisker Automotive is also proud to announce the launch of a new corporate site: http://fiskerglobal.com. The corporate site will be the new portal for all business updates and corporate developments, as well as providing detailed information for investors, external businesses and the media.
Leonardo DiCaprio appointed brand ambassador
Central to Fisker Automotive’s corporate identity is a message of sustainability, which received a major boost earlier this month with the announcement of a partnership with Leonardo DiCaprio. As an equity investor in Fisker Automotive, DiCaprio will work closely with marketing and promotional initiatives to bring attention to sustainability and environmental issues around the world. In turn, Fisker will support the work of the Leonardo DiCaprio foundation.
Leonardo DiCaprio’s role as brand ambassador will leverage a corporate commitment to environmental responsibility that goes well beyond reducing fuel consumption and emissions. Fisker uses low-impact technologies and renewable materials at every step, such as reclaimed and recycled interior wood trim and “Diamond Dust” paint that utilizes flakes of recycled glass.
About Fisker Automotive, Inc.
Fisker Automotive is a new automaker with a mission to build an innovative, eco-driven company that redefines and reshapes how the world thinks about cars. The company is leading the auto industry with its unique Electric Vehicle with extended range (EVer™) powertrain technology, which combines the power and efficiency of electric drive with the range and freedom of a gasoline engine.
Fisker was established in Southern California in 2007 by top auto designer Henrik Fisker and business partner Bernhard Koehler. In 2008 Fisker unveiled the Karma, the world’s first luxury Electric Vehicle with extended range. On sale since December 2011 the Karma was delivered to the market in record time. The Karma is the first and only American car to have won the coveted BBC Top Gear Luxury Car of the Year award, Automobile magazine named it 2012 Design of the Year, and TIME magazine listed the Karma one of the 50 Best Inventions of 2011.
Fisker is headquartered in Anaheim, California and markets its products through a growing network of independent retailers around the world. Fisker Automotive can be found online at www.fiskerautomotive.com
Fisker and DiCaprio to promote global sustainability.Fisker Automotive and Leonardo DiCaprio today announced that they will work together to promote Global Sustainability, a cause to which both are deeply committed. As an equity investor in Fisker Automotive, DiCaprio will participate in conversations on the auto manufacturer’s future plans for the advancement of sustainable, responsible vehicles. He will work closely with Fisker on marketing and promotional initiatives aimed at bringing attention to sustainability and environmental awareness. Fisker, in turn, will support the charitable work of the Leonardo DiCaprio Foundation around the globe.
“My foundation supports efforts to secure a sustainable future for our planet and all its inhabitants,” says DiCaprio. “I am delighted to be working with Fisker Automotive to promote this shared vision.”
In July 2011, DiCaprio received the first Fisker Karma luxury electric vehicle with range extender (EVer™), off the production line.
“The Karma sedan – Fisker Automotive’s first car - is built according to the company’s sustainable and Accountable Design™ philosophy, which represents a dramatic leap forward for the auto industry,” says Henrik Fisker, Executive Chairman and chief designer, Fisker Automotive.
“Fisker’s approach to responsible luxury goes well beyond minimizing fuel consumption and tailpipe emissions. Fisker uses renewable materials and the lowest-impact technologies at every stage of the engineering, production and marketing processes.”
The Fisker Karma sedan is a stylish, eco-conscious vehicle that was designed and engineered in the USA. New features in the Karma include reclaimed and recycled interior wood trim from either California wildfires or the depths of Lake Michigan; animal-free interiors on the top-line Eco Chic model; the world’s largest solar panel roof; and “Diamond Dust” paint that uses flakes of re-cycled glass.
ABOUT THE LEONARDO DICAPRIO FOUNDATION
Established in 1998 by Leonardo and his family, the Leonardo DiCaprio Foundation supports efforts to secure a sustainable future for our planet and all of its inhabitants. The foundation works on a variety of environmental and humanitarian issues including Wildlife Protection, Forest Preservation, Healthy Oceans, Water Access, Disaster Relief and Climate Change.
Leonardo DiCaprio Contact:
Shawn Sachs
T: 212-691-2800
Sachs@sunshinesachs.com
About Fisker Automotive, Inc.
Fisker Automotive is a new automaker with a mission to build an innovative, eco-driven company that redefines and reshapes how the world thinks about cars. The company is leading the auto industry with its unique Electric Vehicle with extended range (EVer™) powertrain technology, which combines the power and efficiency of electric drive with the range and freedom of a gasoline engine.
Fisker was established in Southern California in 2007 by top auto designer Henrik Fisker and business partner Bernhard Koehler. In 2008 Fisker unveiled the Karma, the world’s first luxury Electric Vehicle with extended range. On sale since December 2011 the Karma was delivered to the market in record time. The Karma is the first and only American car to have won the coveted BBC Top Gear Luxury Car of the Year award, Automobile magazine named it 2012 Design of the Year, and TIME magazine listed the Karma one of the 50 Best Inventions of 2011.
Fisker is headquartered in Anaheim, California and markets its products through a growing network of independent retailers around the world. Fisker Automotive can be found online at www.fiskerautomotive.com
Fomer Dana, Ford Motor executive to lead financial operations at Fisker.Anaheim, California, USA – July 2, 2012: Fisker Automotive, the leading manufacturer of luxury Electric Vehicles with extended range (EVer™), is pleased to announce the appointment of Jim Yost as Chief Financial Officer.
A well-known automotive industry financial executive with more than 30 years of global experience, Yost most recently served as Executive Vice President, Chief Financial Officer of Dana Holdings from 2008 through May 2012.
Yost began his career at Ford Motor Company where, over the course of 27 years, he served in several senior and executive level finance roles in North America, Europe and South America including serving as Ford’s Chief Information Officer and Vice President of Corporate Strategy. Shortly after retiring from Ford in 2001, Yost joined Hayes Lemmerz, serving as EVP, Chief Financial Officer from 2002 through 2008.
In his new role, Yost will report to Fisker Automotive’s Chief Executive Officer, Tom LaSorda, and work closely with Executive Chairman Henrik Fisker.
“We are delighted to add a high caliber global automotive executive like Jim to the Fisker leadership team,” said CEO Tom LaSorda. “Jim’s extensive financial, operational and strategic skills as well as international experience will be a tremendous asset as we continue to expand the global reach of the Karma sedan and prepare the path for the next‑generation Atlantic sedan.”
About Fisker Automotive, Inc.
Fisker Automotive is a new automaker with a mission to build an innovative, eco-driven company that redefines and reshapes how the world thinks about cars. The company is leading the auto industry with its unique Electric Vehicle with extended range (EVer™) powertrain technology, which combines the power and efficiency of electric drive with the range and freedom of a gasoline engine.
Fisker was established in Southern California in 2007 by top auto designer Henrik Fisker and business partner Bernhard Koehler. In 2008 Fisker unveiled the Karma, the world’s first luxury Electric Vehicle with extended range. On sale since December 2011 the Karma was delivered to the market in record time. The Karma is the first and only American car to have won the coveted BBC Top Gear Luxury Car of the Year award, Automobile magazine named it 2012 Design of the Year, and TIME magazine listed the Karma one of the 50 Best Inventions of 2011.
Fisker is headquartered in Anaheim, California and markets its products through a growing network of independent retailers around the world. Fisker Automotive can be found online at www.fiskerautomotive.com
Fisker Automotive, the US pioneer of extended-range luxury battery-electric cars, today refuted allegations in Autobild, the German auto magazine, that its Karma model represented a higher fire risk than any other automobile.
Since deliveries of the Karma were launched last year, none of the vehicles in daily use on the roads of North America and Europe has caught fire due to faults with the battery or other engine components.
In one incident in Texas, a Karma was one of three vehicles damaged in a garage fire. The precise ignition source for that fire has yet to be determined. No official report has identified the Karma as the cause of the garage fire.
Independent fire investigators, moreover, have established that the Karma battery, which was fully intact and operating after the incident, was not the cause.
In an unrelated vehicle recall last December, Fisker completed hose clamp replacements with no reported safety incidents either before or since. The recall involved 260 Karma models, representing a tiny proportion of the total 5.2 million vehicles recalled in the US in the first half of this year to rectify potential safety issues.
Fisker has asked Autobild to correct its erroneous report.
About Fisker Automotive, Inc.
Fisker Automotive is a new automaker with a mission to build an innovative, eco-driven company that redefines and reshapes how the world thinks about cars. The company is leading the auto industry with its unique Electric Vehicle with extended range (EVer™) powertrain technology, which combines the power and efficiency of electric drive with the range and freedom of a gasoline engine.
Fisker was established in Southern California in 2007 by top auto designer Henrik Fisker and business partner Bernhard Koehler. In 2008 Fisker unveiled the Karma, the world’s first luxury Electric Vehicle with extended range. On sale since December 2011 the Karma was delivered to the market in record time. The Karma is the first and only American car to have won the coveted BBC Top Gear Luxury Car of the Year award, Automobile magazine named it 2012 Design of the Year, and TIME magazine listed the Karma one of the 50 Best Inventions of 2011.
Fisker is headquartered in Anaheim, California and markets its products through a growing network of independent retailers around the world. Fisker Automotive can be found online at www.fiskerautomotive.com
Munich, Germany – June 22, 2012: Fisker Automotive’s international expansion continues with a growing dealer network and customer delivery of their cars across Europe.
It was recently announced that long-established dealer group Guarnieri will exclusively import and market all Fisker vehicles in Spain, Portugal and Morocco.
Guarnieri operates first-class dealerships and showrooms across the Spanish mainland with a large and loyal customer base and a track-record of success with premium manufacturers including BMW, Porsche, Ferrari, and McLaren.
Announcing the new partnership at the Marbella Luxury Weekend, Fisker Automotive’s Executive Chairman Henrik Fisker said: “We are delighted to have an importer as well-established and experienced as Guarnieri to bring our range-extended luxury cars to Spain. This further increases Fisker Automotive’s international distribution footprint as we bring the concept of Responsible Luxury to consumers worldwide.”
Fisker Automotive is also opening up a new showroom in Oslo, based in the center of the world-renowned waterfront district Tjuvholmen is a modern urban waterfront, built on the land of an old shipyard, situated in heart of Oslo overlooking the majestic Oslo Fjord. This showroom will be a state-of-the-art showroom in a setting that reflects Henrik Fisker’s ‘design inspired by nature’ philosophy.
Fleets of Fisker Karmas have been turning heads at the Cannes Film Festival, Monaco Grand Prix and Marbella Luxury Weekend, where prospective customer test drives and VIP events have been taking place. Fisker has showrooms in all three locations. The Karma is becoming a more frequent sight on the roads of France, Italy and Germany as customer deliveries and high-profile events continue into the summer.
In that short time, demand for the Karma has been borne out: for example, during the first four months of the year it was the second best-selling luxury car in the Netherlands, ahead of the Audi A8, Mercedes S Class and BMW 7 Series. More than one thousand Karmas have now been delivered to customers worldwide, with the number increasing every week. Customers in US have been taking delivery since Decemer 2011, and in Europe since February 2012
Fisker Karma wins AutoTest/Autobild E-Car Award
The Fisker Karma has been voted the ‘Best EV with a Range Extender’ in the AutoTest/Autobild E-Car Awards in Germany. The award recognizes strengths of Fisker’s groundbreaking EVer powertrain and the flexibility of real-world range it offers Karma customers. It is the latest in a string of international awards that Fisker Automotive is proud to have won since the launch of the Karma.
About Fisker Automotive, Inc.
Fisker Automotive is a new automaker with a mission to build an innovative, eco-driven company that redefines and reshapes how the world thinks about cars. The company is leading the auto industry with its unique Electric Vehicle with extended range (EVer™) powertrain technology, which combines the power and efficiency of electric drive with the range and freedom of a gasoline engine.
Fisker was established in Southern California in 2007 by top auto designer Henrik Fisker and business partner Bernhard Koehler. In 2008 Fisker unveiled the Karma, the world’s first luxury Electric Vehicle with extended range. On sale since December 2011 the Karma was delivered to the market in record time. The Karma is the first and only American car to have won the coveted BBC Top Gear Luxury Car of the Year award, Automobile magazine named it 2012 Design of the Year, and TIME magazine listed the Karma one of the 50 Best Inventions of 2011.
Fisker is headquartered in Anaheim, California and markets its products through a growing network of independent retailers around the world. Fisker Automotive can be found online at www.fiskerautomotive.com
In its first major advertising campaign in national US media, Fisker Automotive today celebrated its breakthrough in combining sustainable motoring with cutting edge technology and design.The company’s advertisement – a multi-page display in today’s edition of the Wall Street Journal – extols Fisker’s success in bringing the industry’s first four-door luxury electric vehicle to market, while acknowledging the challenges that accompany all new pioneering technologies.
“Launching a new car company is a difficult enough challenge on its own and one that is rarely attempted, let alone also trying to establish a new brand with a revolutionary new product and technology,” says Henrik Fisker, Executive Chairman and Chief Designer. “We have made steady progress and won several prestigious awards for our game-changing Karma model.
“But changing the market is never a risk-free enterprise. We have faced multiple challenges, which have created skepticism about our ambitions – especially in uncertain economic times. But we are building a business for the future by pursuing sustainable luxury without compromise.”
Fisker Automotive has always stayed true to its original vision. Almost without exception, the purity of an original car design is typically lost in its translation from concept to production. Fisker Automotive has defied convention with the Karma – bringing the concept to reality without alteration and in a record four years.
In an even more revolutionary step, the Karma’s EVer powertrain fundamentally changes the way we drive. Short daily trips – the majority of our driving – can be completed on electric power alone, without tailpipe emissions.
Karma drivers also have the freedom to take longer trips without worry, thanks to a gasoline engine-generator: quick visits to the gas station extend the Karma’s range indefinitely.
“By combining true ‘dream car’ design with zero-emission capability, we are doing something that has never been tried before,” continues Henrik Fisker. “Change is not easy. Today’s message in the Journal is an opportunity to put these challenges into perspective and take stock of what we have achieved.”
In a first for an American car company, earlier this year the Fisker Karma captured Top Gear magazine’s Luxury Car of the Year Award. Fisker Automotive has raised more than $1 billion from private investors and generated revenues exceeding $100 million from customers who have decided to join us on this remarkable journey.
“We think that’s impressive,” concludes Mr. Fisker. “And we’re just getting started.”
The text of the Wall Street Journal ad appears below. Further marketing communications initiatives will follow in the next several months.
New isn’t easy.
History will tell you the new path is often the most difficult.
Discovery, far more work than settling.
But history will also tell you there are always a few who simply don’t care.
They don’t care that pushing forward is 4,000 times harder than being pulled along.
They don’t care that giant leaps require more than a single step.
And they don’t care that not everyone is behind them.
Because they know the doubters aren’t the builders.
The critics are never the creators.
And the skeptics, rarely the inventors.
When we set out to redefine and reshape how the
world thinks about cars, we knew it wouldn’t be easy.
And despite our many firsts, accomplishments, and accolades, it hasn’t been.
But that’s alright.
Building the future never is.
About Fisker Automotive, Inc.
Fisker Automotive is a new automaker with a mission to build an innovative, eco-driven company that redefines and reshapes how the world thinks about cars. The company is leading the auto industry with its unique Electric Vehicle with extended range (EVer™) powertrain technology, which combines the power and efficiency of electric drive with the range and freedom of a gasoline engine.
Fisker was established in Southern California in 2007 by top auto designer Henrik Fisker and business partner Bernhard Koehler. In 2008 Fisker unveiled the Karma, the world’s first luxury Electric Vehicle with extended range. On sale since December 2011 the Karma was delivered to the market in record time. The Karma is the first and only American car to have won the coveted BBC Top Gear Luxury Car of the Year award, Automobile magazine named it 2012 Design of the Year, and TIME magazine listed the Karma one of the 50 Best Inventions of 2011.
Fisker is headquartered in Anaheim, California and markets its products through a growing network of independent retailers around the world. Fisker Automotive can be found online at www.fiskerautomotive.com
Anaheim, CA – June 7, 2012: Fisker Automotive is joining forces with Penske Automotive Group, a leading international auto retailer, to market and service Fisker cars in Arizona and the surrounding region.
Penske Automotive Group (NYSE: PAG, www.penskeautomotive.com), a subsidiary of the Penske Corporation founded and chaired by Roger Penske, will operate the new franchise outlet: Fisker of Scottsdale (www.fiskerscottsdale.com).
The addition of the new Arizona outlet will bring to 80 the number of independent retail locations in the US, Canada and Europe serving Fisker (www.fiskerautomotive.com). Of that total, Fisker’s award-winning Karma model is sold through 48 outlets in North America alone, and will soon be distributed for the first time in China and the Middle East following new retail agreements in both regions.
Fisker executives welcomed the partnership with Penske, a proven and well-resourced auto retail group with 336 retail automotive franchises representing 42 different brands and 29 collision repair centers.
“Penske Automotive Group is one of the most respected and successful auto retail companies in the world,” said Matthew Malfitano, Director of North American Operations at Fisker Automotive. “Their support speaks volumes about Fisker’s market potential. Fisker is proud to be part of the Penske team and we look forward to a fruitful relationship.”
Dave Wallace, Penske Area Vice President, said, “Penske Automotive Group is excited to have Fisker of Arizona as the exclusive Fisker retailer in the region. Our research shows there is strong demand for clean, energy-efficient luxury cars. Fisker will make a fine addition to Penske’s portfolio of premium brands.”
Fisker Automotive created the luxury EV segment with the Karma, the world’s first luxury Electric Vehicle with extended range (EVer™). The Karma’s unique EVer™ powertrain combines the power and efficiency of a pure electric car with the range and freedom of a traditional car, giving drivers the option to either plug-in or fill-up.
As well as having 403 horsepower and nearly 1,000 lb/ft of torque, the dramatically styled Karma sedan also gets more than twice the economy (54 MPGe) and creates about half the emissions (169g CO2/mi) of competitive luxury cars, according to the U.S. Environmental Protection Agency (EPA). U.S. pricing starts at $103,000, not including a $7,500 federal income tax credit and other local incentives.
The Fisker Karma was namedLuxury Car of the Yearby Top Gear magazine, and Automobile magazine’s Design of the Year.It was also one of TIME magazine’s 50 Best Inventions of 2011, and received a silver Edison Award for innovation.
Fisker appeals to eco-minded luxury buyers by offering cars with a unique blend of world-class design and performance, industry-leading economy and the lowest emissions of nearly any production car. Dramatic lines inspired by nature, the world’s largest and most powerful solar glass panel roof on a car and 22-inch wheels distinguish the Fisker Karma from anything else on the road. In line with Fisker’s eco-conscious brand values, the Karma can be driven emission-free, features reclaimed wood trim, and is available with high-grade textile upholstery made from recycled materials.
The Fisker of Scottsdale showroom is located at 6855 East McDowell in Scottsdale, Arizona (Phone +1 480-421-7300).
About Fisker Automotive, Inc.
Fisker Automotive is a new automaker with a mission to build an innovative, eco-driven company that redefines and reshapes how the world thinks about cars. The company is leading the auto industry with its unique Electric Vehicle with extended range (EVer™) powertrain technology, which combines the power and efficiency of electric drive with the range and freedom of a gasoline engine.
Fisker was established in Southern California in 2007 by top auto designer Henrik Fisker and business partner Bernhard Koehler. In 2008 Fisker unveiled the Karma, the world’s first luxury Electric Vehicle with extended range. On sale since December 2011 the Karma was delivered to the market in record time. The Karma is the first and only American car to have won the coveted BBC Top Gear Luxury Car of the Year award, Automobile magazine named it 2012 Design of the Year, and TIME magazine listed the Karma one of the 50 Best Inventions of 2011.
Fisker is headquartered in Anaheim, California and markets its products through a growing network of independent retailers around the world. Fisker Automotive can be found online at www.fiskerautomotive.com
Anaheim, CA – June 4, 2012: Fisker Automotive will market and service its cars in Montreal, Quebec through one of the most prestigious retailers in Canada.Fisker of Montreal (www.fiskerofmontreal.ca), the first Fisker retailer in Quebec and the fourth in Canada, was formed by local businessmen Gad Bitton, president of Holand Automotive Group, and Norman Hébert, president and CEO of Groupe Park Avenue. Together these retailer groups handle 17 brands in multiple locations across Montreal, including Rolls Royce, Lamborghini, BMW, Lexus, and now, Fisker.
The showroom at 5150 DeSorel (Phone 514-738-3030) opens to the public on Tuesday, June 5, ahead of the Montreal Grand Prix.
Fisker of Montreal brings to 79 the number of independent Fisker retail locations in the US, Canada and Europe; 47 in North America alone. Fisker also has retailers in Toronto, Calgary and Vancouver and will soon have retail representation in China and the Middle East.
“Fisker of Montreal was created by two of the most successful premium auto retailers in the world,” said Matthew Malfitano, Director of North American Operations at Fisker Automotive. “The long-standing reputations of Holand Automotive and Groupe Park Avenue give eco-minded luxury car buyers the confidence to share in Fisker’s vision. We look forward to a very fruitful relationship.”
Mr. Bitton, president and CEO of Fisker of Montreal, said, “This new Fisker brand will fit perfectly within our premium brand portfolio. With its elegance and green power, Fisker will add a new level of diversity to the range of vehicles already available in our prestigious dealership. It is a source of pride for us to be the first and only group to offer this innovative brand in Quebec, a brand that will make heads turn while taking a proactive stance towards reducing greenhouse gas emissions.”
Fisker Automotive (www.fiskerautomotive.com) created the luxury EV segment with the award-winning Fisker Karma, the world’s first luxury Electric Vehicle with extended range (EVer™).
The Karma’s unique EVer™ powertrain combines the power and efficiency of a pure electric car with the range and freedom of a traditional car, giving drivers the option to either plug-in or fill-up.
As well as having 400 horsepower and nearly 1,000 lb/ft of torque, the dramatically styled Karma sedan also gets more than twice the economy (54 MPGe) and creates about half the emissions (169g CO2/mi) of competitive luxury cars. Canadian pricing starts at $106,850, including Destination and Delivery.
As the Karma is classified as a plug-in hybrid by Quebec’s Drive Electric Program, buyers are eligible for an $8,000 rebate toward the purchase price. The program also provides up to $1,000 more toward the purchase of Fisker’s available 240v Convenience Charger, which cuts charge times in half. The Karma also qualifies for the Electric Vehicle license plate in Quebec, which allows Karma drivers to use parking spaces reserved for electric vehicles equipped with charging stations.
The Fisker Karma was namedLuxury Car of the Yearby Top Gear magazine, and Automobile magazine’s Design of the Year.It was also one of TIME magazine’s 50 Best Inventions of 2011, and received a silver Edison Award for innovation.
Fisker cars appeal to eco-minded luxury buyers by offering cars with a unique blend of world-class design and performance, industry-leading economy and the lowest emissions of nearly any production car. The Karma’s unique EVer™ powertrain combines the power and efficiency of a pure electric car with the range and freedom of a traditional car, giving drivers the option to either plug-in or fill-up.
Dramatic lines inspired by nature, the world’s largest and most powerful solar panel roof on a car, and 22-inch wheels distinguish the Fisker Karma from anything else on the road. In line with Fisker’s eco-conscious brand values, the Karma features the world’s largest and most powerful solar panel on a car, reclaimed wood trim, and has available low-impact leather upholstery sourced from ranchers who follow the Five Freedoms of animal welfare.
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
Anaheim, CA – May 29, 2012: Fisker Automotive today published its first business update by announcing that revenues had exceeded $100 million in the first four months of 2012.The company, which began deliveries of the Fisker Karma luxury four-door electric sedan in December 2011, also revealed that it has delivered 1000 vehicles to customers in the US and Europe.
Tom LaSorda, Chief Executive Officer of Fisker Automotive, said: “We are encouraged by solid demand for the Karma, our unique extended-range luxury model. Pending completion of investment sourcing, we are poised to press ahead with further market expansion and development of our higher volume model, the Fisker Atlantic.”
In the first few months of 2012, Fisker has continued to raise private equity investment to fund its expansion plans, securing $174 million of additional private financing since the start of the year. The latest funding has lifted the overall financing beyond $1 billion since the start of the company in 2007.
Fisker has also become the first manufacturer to launch vehicles under the Federal Government’s Advanced Technology Vehicle Manufacturing (ATVM) program.
Henrik Fisker, Executive Chairman of the company, said: “There is great confidence from the investment community, our customers and the media in what we have achieved in bringing such a beautiful and innovative car to the marketplace in record time.
“Treading a new path in any industry is never easy, but we have set out to re-define and re-shape the way the world thinks about cars, and I am proud of what the Fisker team has achieved so far.”
He was commenting amid positive feedback from customers and dealers about the quality and performance of Fisker’s flagship model, the Karma – the world’s first luxury four-door electric vehicle.
Strong customer demand for the Karma has continued internationally. In the Netherlands, considered one of the most competitive markets for premium vehicles, the Karma ranked second in volume to the Porsche Panamera in the segment for four-door luxury sedans (of all powertrain types) in the January-April, 2012 period.
Success in such markets is expected to continue with further expansion into new territories, including the Middle East. Earlier this month, Fisker signed an exclusive agreement with the Al-Futtaim Group, one of the Middle East’s most experienced automotive distributors, to build Fisker’s sales presence in fast-growing markets for performance and luxury cars. Al-Futtaim and its network of experienced retailers will allow Fisker to reach customers in the U.A.E, Saudi Arabia, Qatar, Oman, Bahrain, and Egypt.
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
Anaheim, California USA – May 8, 2012: Fisker Automotive, the leading manufacturer of luxury Electric Vehicles with extended range (EVer™), today announced that it had surpassed..BMW, Mercedes and Audi to become the second-highest selling brand in the segment for high-end four-door models in the first quarter of the year.
The Fisker Karma Sedan, launched in December 2011 to critical acclaim, out-sold the BMW 7-series, Mercedes S-class and Audi A8 in the competitive Dutch market, in the January-April period. It is thought to be the first time that an ultra-low emission hybrid car has outsold combustion engine rivals.
Tom LaSorda, Fisker Automotive Chief Executive, said: “This is a great achievement for Fisker and signals the potential demand in Europe, where we intend to sell 40 per cent of our output. It is an encouraging sign of progress following the Karma launch. But we have much more to do as we bring new models to market.”
The Fisker Karma, which emits just 53g/km of CO2, came second in Dutch luxury vehicles sales only to the Porsche Panamera. Owners of Karma models benefit from attractive tax incentives on the vehicle, reflecting its low emissions and the environmental benefits of its lithium ion batteries.
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
Anaheim, CA – May 11, 2012: Fisker Automotive has noted unfounded allegations, reported in the media, about the engine compartment layout of its Karma model. The manufacturer of the world's first extended range luxury electric vehicle has received full technical and safety certification for all systems developed and installed in the Karma. That certification followed extreme testing of the vehicle, involving laboratory simulations of thermal incidents and on-the-road tests in extreme climate conditions. No incidents of any kind involving engine systems were found.
Paul Boskovitch, Director of Powertrain & Engineering of Fisker Automotive, said: "Our technologies and engine design have been fully tested and certified at the highest level. It is irresponsible and ill-informed for technology pundits to suggest otherwise in order to secure media attention for unfounded claims."
Background: The Karma under-hood thermal environment was designed using the latest Computational Fluid Dynamic (CFD) software packages. Evaluations of the results were performed both by the Fisker Thermal team and external consultants.
Testing involved thorough road and lab exercises, including multiple hot weather trips over thousands of miles of incident-free operation in Death Valley and Palm Springs, CA. Additional testing was also performed successfully at maximum and sustained speeds (125mph/201km/hr) on the Autobahn in Germany.
In addition to road-use testing, further wind tunnel testing was completed at test Labs in the USA. These tests were run specifically to simulate the most difficult of conditions, those observed in the Middle East (GCC) and Africa.
Testing for these hot weather conditions was run according to the manufacturer’s engine specifications for the 2-liter Ecotec engine installed in the Karma. The attached Table shows the conditions for typical vehicle tests by region. As indicated, the tests adopted for the Fisker Karma were conducted under the most stringent applications for the Middle East & Africa.
The Fisker Karma passed all tests without incident.
Cooling algorithms have been developed to ensure that at power off and under certain conditions the vehicle cooling fan maintains circulation in the engine compartment in order to remove any excess heat.
Packaging of the engine and surrounding components has been done within competitive benchmark standards and heat protection sleeves are placed on and around all hoses in or near high heat zones. All exhaust components have properly engineered heat shields and maintain the recommended separation distance between the shield, shielded components and affected components.
Fisker is using DEX-COOL 50/50 coolant with a zero flammability rating, according to the Chevron Manufacturers Safety Data Sheet (MSDS) #10445. This means that under no conditions is this material flammable.
The brake system booster which contains the brake system fluid is in a protected region behind the fender on the “cold” side of the engine. The power steering pump and fluid are also located on the “cold” side of the engine, near the front of the vehicle.
All materials used in the underhood environment are rated for use in the engine compartment and are either non-flammable or flame-retardant. Operation of the engine on-cycle has been thoroughly explained in public literature and utilizes a load-following operation. During this operation acceleration events are augmented by the battery and the engine operates along the load curves at or less than would be observed during operation in its original design application. In the Karma application the engine is never required to operate beyond 3500 RPM with a maximum output capability of 128 kW at this operating point. Well below the rated power of this engine with a maximum output power of 194 kW.
The Fisker Karma is an advanced technology vehicle and utilizes a control strategy that focuses on fuel efficiency as well as thermal and energy management. The engine power required at 125 mph (top speed) is less than 115 kW, well below the maximum capability of the engine for continuous operation. In addition the engine controls maintain a thermal watch of the engine and at a temperature of 117C begins to limit power in order to maintain coolant temperature below this point. This is well below the engine manufacturer’s recommended maximum temperature rating of 127C.
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ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
Munich, Germany – May 3, 2012: Fisker Automotive will enter its luxury range-extended Karma in the inaugural Bodensee-Elektrik Rallye due to take place from May 3 – 6.
The event is specifically designed to showcase and test the ability of electric and range-extended vehicles. Both speed and fuel economy influence the results.
The Bodensee route takes in some of the finest and most challenging roads in Switzerland, Germany and Austria and covers hundreds of kilometers in a true test of both economy and endurance.
Independent journalists from AutoBild magazine will be among the drivers of the Karma, with regular progress reports to be posted on Fisker Automotive’s Facebook page – www.facebook.com/fiskerauto.
“We’re very proud that after just four years of true development, we have brought to market a range-extended electric car capable of performing in an event such as the inaugural Bodensee-Elektrik Rallye,” said Bernhard Koehler, co-founder of Fisker Automotive.
“With the Karma on-sale and being delivered to customers throughout Europe, it is a great time to show what the car is capable of,” he added.
With a first-class dealer network established throughout Europe, and customer deliveries continuing at pace, the Fisker Karma is becoming a more frequent site on the road.
Fisker Automotive’s unique EVer (Electric Vehicle Extended Range) powertrain allows Karma drivers to choose between ‘Stealth’ all-electric running or ‘Sport’ mode with assistance from a petrol generator.
During independent testing, Germany’s Technischer Üeberwachungs Verein (TÜV) found the Karma capable of achieving 83km in electric running only. Its total range was 483km without the need to recharge of add fuel.
Combined fuel economy was officially rated at 2.1l/100km, with just 51g/km CO2 despite the Karma’s dramatic looks and compelling performance.
Follow the Fisker Karma in the Bodensee-Elektrik Rallye 2012, May 3-6, at www.facebook.com/fiskerauto.
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
Anaheim, California USA – May 1, 2012: The Fisker Karma luxury plug-in hybrid has received two more awards recognizing its leading-edge design, advanced technology, and environmental credentials.Last week, the Karma received a First Prize in the International Design Awards (IDA) competition and a silver trophy for innovation at the Edison Awards. These latest accolades add to the growing number of awards that Fisker Automotive (www.fiskerautomotive.com) is proud to have won during the Karma’s debut year.
International Design Awards
The International Design Awards (IDA) exist to celebrate the world's most visionary design, discover new and emerging talent, and promote the appreciation of design worldwide. This year the judging panel of international experts awarded First Prize in the Transportation Competition to the Fisker Karma.
Architects and designers of interiors, high-end fashion luxury products, and graphics submitted entries from more than 65 countries throughout the world. Judging was a rigorous process, with winners to be recognized in print in the prestigious 2013 International Design Awards Book of Designs.
“As a car designer, there’s nothing like having your work recognized and appreciated by other people in different disciplines of the same industry,” said Fisker co-founder and executive design director Henrik Fisker. “We are honored to have the IDA recognize and endorse the sleek and bold design of the Fisker Karma.”
Edison Awards
This year’s Edison Awards celebrated its 25th anniversary of honoring the best in innovation and excellence in the development of new products and services, so it was particularly special that Fisker Automotive was voted a silver winner for its Karma luxury plug-in hybrid vehicle.
An Edison Award is one of the highest accolades a company can receive in the name of innovation and business. Fisker joined hundreds of senior executives from some of the world’s most recognized companies at a ceremony in New York to acknowledge the hard work and commitment of all of the 2012 Edison Award winners.
The ballot of nominees for the Edison Awards was judged by a panel of more than 3,000 leading business executives including past award winners, members of the Marketing Executives Networking Group (MENG), academics and leaders in the fields of product development, design, engineering, science and medicine.
Thomas Stat, 2012 Edison Awards Steering Committee Chairman said, “As the pace of innovation quickens and the “race to next” becomes ever more competitive, it’s increasingly important to take a moment out of our hectic lives to recognize excellence in innovation and greatness in the teams of innovators who make our future. We are honored to present Fisker Automotive with an Edison Award as one of the leading innovators of today and tomorrow.”
“I had the privilege to directly experience the elegance, luxury, and power of the Edison Award-winning 2012 Fisker Karma in New York City. I've never seen so many heads turned from pedestrians and other drivers as the Fisker Karma drove past them,” he added.
Tom LaSorda, Fisker’s CEO said, “Fisker Automotive is an emerging company driven by American innovation. That’s why we think it’s great that the Karma’s bold and disruptive approach has been recognized with an Edison Award, which is often reserved for larger corporations.”
Alongside these latest two awards, in the last few months the Fisker Karma was also named BBC Top Gear’s Luxury Car of the Year - the first American car ever to win such an award.The Fisker Karmaalsowon Automobile Magazine’s 2012 Design of the Year Award – one of five American cars to win in the award’s 23 year history – and was nominated as one of TIME Magazine’s 50 Best Inventions of 2011.
ABOUT THE EDISON AWARDS
The Edison Awards represent the spirit of innovation personified by Thomas Edison, inspiring America’s drive to remain in the forefront of creativity and ingenuity in the global economy. Sponsors of the 2012 Edison Awards include: Nielsen, USA TODAY, Discovery Communications, SCIENCE, CSRware, applepeak and ViridiSTOR. For more information about the Edison Awards and a full list of winners, visit www.edisonawards.com.
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ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
Anaheim, California USA – April 23, 2012: Fisker Automotive announced today a significant expansion in the Middle East & North Africa (MENA).
The US automaker has signed an exclusive agreement with the Al-Futtaim Group, one of the region’s most experienced automotive distributors, to build its sales presence in fast-growing markets for performance and luxury vehicles.
Henrik Fisker, executive chairman, said: “Fisker Automotive is committed to changing the automotive landscape globally, delivering a more sustainable future through our products. It’s essential for us to compete strongly in the Middle East and Gulf region as the company expands outside America and extends its reach globally.”
Fisker's luxury plug-in hybrid vehicles will be sold in key markets across the Middle East and North Africa through key retailer outlets operated by Al-Futtaim Group.
Al-Futtaim has more than 70 years of experience running automotive dealer networks and is a leading distributor for world-renowned brands across the MENA region, including Lexus, Volvo, Jeep, Toyota, Hino, Dodge, Honda, and Chrysler.
Len Hunt, President-Automotive, Al-Futtaim Group said: “We are excited to represent Fisker Automotive across the Gulf and MENA Region as exclusive distributors of the luxury plug-in hybrid brand. Al-Futtaim has built strength and credibility in delivering great customer experience through its well established automotive operations in Egypt and the GCC countries."
Fisker's expansion in the region will begin this year in the United Arab Emirates by utilizing Al-Futtaim’s first regional flagship dealership at Dubai Festival City, a landmark destination located in Dubai.
Al-Futtaim and its network of experienced retailers will allow Fisker to reach customers in the U.A.E, the Kingdom of Saudi Arabia, Qatar, Oman, Bahrain, and Egypt.
The distribution deal was facilitated by Michael Burke and Jordan L. Udko of Pacific Med Trade Inc., solidifying a long-term relationship that demonstrates Al-Futtaim Group’s belief in the American automaker.
This is the latest step in the international rollout of Fisker’s award-winning cars that started with the Fisker Karma sedan—the world’s first luxury plug-in hybrid electric vehicle—and to be followed by the company’s second vehicle, the Fisker Atlantic.
ABOUT AL-FUTTAIM AUTOMOTIVE
Al-Futtaim Automotive represents some of the world’s most popular brands: Toyota, Lexus, Hino, Honda, Volvo, Chrysler, Jeep and Dodge, and is regarded as a pioneer in the region’s automotive industry responsible for four out of every ten cars on the UAE roads. Offering customers convenience, choice, and the highest standards of after-sales service through its comprehensive network of showrooms, service and parts distribution centres in the UAE, Al-Futtaim has also built strength and reputation for excellence for passenger and commercial vehicles, construction equipment, used car sales, rental and leasing in almost all countries in the Gulf and MENA regions, and the sub-continent. Established in the 1930s, the Al-Futtaim Group is structured into seven operational divisions: Automotive, Engineering, Electronics & Technology, Retail, Financial Services, General Services, Real Estate, and Joint Ventures. Today, Al-Futtaim operates through more than 65 companies in sectors as diverse as commerce, industry, and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Saudi Arabia, Egypt, Syria, Sri Lanka, Pakistan, Singapore, Malaysia, and Europe.
ABOUT PACIFIC MED TRADE INC.
Pacific Med Trade Inc. (PMT) is a strategic consulting, public relations and investment advisory firm. Founded in 2005 by Dr. Ayman Kandeel, PMT's principals assist clients in identifying unique opportunities, leveraging business and financial transactions, and in brand management. PMT structures value enhancements for its clients in various sophisticated transactions. PMT specializes in managing relationships on the ground for its clients, particularly in the MENA and GCC regions. www.PacificMedTrade.com
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
New York, 3 April 2012 – Fisker Automotive is pleased to unveil its all-new model, the Atlantic sedan. This is the latest model in the company’s expanding line up of extended-range luxury electric cars.
Revealed as a design prototype at a special VIP preview event the night before the New York Auto Show press days begin, the Fisker Atlantic design prototype is a luxury four-door sporting sedan with a practical interior. It is aimed at young families who want to drive an impactful, high-end vehicle while making a positive statement about responsibilities - both in terms of their commitment to sustainability and the practicalities of everyday life.
The Atlantic uses the latest second generation EVer (Electric Vehicle with extended range) technology. It will offer all the benefits of electric drive while at the same time eliminating the “range anxiety” experienced with an all-electric powertrain.
Like the Karma sedan, the Fisker Atlantic is a plug-in series hybrid vehicle that allows drivers to switch manually or automatically between electric and gasoline driving modes and sustain the charge of its lithium ion batteries on the move.
Its four-cylinder gasoline engine, which acts as a generator and is not mechanically connected to the wheels, is tuned to offer maximum economy and high torque. This Atlantic EVer powertrain will offer highly competitive performance for a car in its class. The standard powertrain will be configured for rear-wheel drive and an all-wheel drive version will be offered as an option.
The Atlantic design prototype’s glass roof shows off a ridged ‘spider’ structure. This incredibly strong construction also allows the Atlantic to offer a remarkable amount of rear headroom for a car with its sleek, coupe-like stance. This high-tech approach fulfills and surpasses all current and future rollover safety and crash-test requirements worldwide. The Fisker Atlantic’s long wheelbase also affords extra legroom for rear passengers and more space in the trunk.
The unique, exciting styling of the Atlantic retains and progresses Fisker’s signature design DNA. Henrik Fisker and his design team set out to create the most beautiful and dramatic vehicle in its class. Much of the design was inspired by nature, for example, the dynamic side theme, with strong sculptural lines that optically cross the center and over the rear wheels of the car. This gives a sense of power - replicating the stance of a wild tiger ready to pounce.
Further important design details to note include an evolution of the Fisker Karma signature grille, with a wider sculptured line defining the power dome on the hood. Strong creases emerge from the inside of the headlamps and continue back over the hood to elongate the car. The sharp headlights themselves give an ‘eagle eye’ with a strength of strong character not seen on a production car before. These touches allow the Atlantic to create a greater rear-view mirror presence than any other vehicle in its class.
Additionally, the rear door handles have been elegantly integrated in the rear C-pillars, to continue the sense and look of a sporting coupe without losing the practicality of a four-door sedan. The extremely slim LED tail lamps use the latest technology allowing them to split into two parts to offer a wider aperture for the trunk opening. The rear end of the car is clean and aerodynamically shaped, with a sharp spoiler lip on the trunk that runs down over the side of the car to enhance aerodynamic performance.
Overall, the Fisker Atlantic’s dimensions are comparable to those of an Audi A5. It has been engineered inside and out to offer a dynamic yet compact feel on the road.
“We are exceptionally proud of the Atlantic design prototype, and believe we have created another groundbreaking car that looks and will drive like nothing else on the road in this class,” said Henrik Fisker, co-founder, Executive Chairman, and Design Director of Fisker Automotive.
“Fisker Automotive is transitioning from a start-up automaker to a fully-fledged mainstream car manufacturer and the Atlantic is a crucial milestone in that process,” said Tom LaSorda, CEO Fisker Automotive. “We have a long way to go, but in the near future Fisker intends to deliver this exceptional American-designed, engineered, and manufactured vehicle to showrooms worldwide.”
“I’m confident the Fisker Atlantic will inspire people and win the brand many new customers who may not have considered an EVer powered vehicle like this before.”
More details on the Fisker Atlantic, including statistics, prices and an on-sale date will be given closer to the launch of the production car.
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
Anaheim, California USA – March 26, 2012: Fisker Automotive has announced a significant upgrade to the VIP Customer Care Coverage included with the purchase of all 2012 Model Year Karma vehicles. This new initiative will apply both to existing and future 2012 Model Year Karma customers.
Fisker decided to make this enhancement in response to the fact that its high-voltage battery supplier, A123 Systems, discovered a latent manufacturing defect in some prismatic cells made in its Livonia, Michigan facility that could result in battery underperformance and decreased durability. As a result, A123 is replacing all impacted battery modules and packs for the Fisker Karma. Read A123 Systems’ press release at http://www.a123systems.com.
The enhanced customer care package includes:
A complete battery replacement at no cost for all affected 2012 MY Fisker Karma owners;
All North American customers will receive a full vehicle warranty extension from 50 months/50,000 miles to 60 months/60,000 miles; In Europe, coverage also will be extended from 48 months/100,000 km to 60 months/100,000 km.
Fisker CEO Tom LaSorda said, “The entire Fisker Team is committed to the complete satisfaction of our customers and their experience with our vehicles. As a new technology start-up Company, we have stepped up to many challenges in our short history as we have launched one of the most advanced electric vehicles with extended range in the world.”
Fisker has been working closely with A123 Systems regarding a high-voltage battery power loss experienced in one of our customer’s vehicles, belonging to Consumer Reports.
The problem was traced to the A123 battery pack by Fisker’s Quality SWAT Team. The top management from both companies immediately established teams to work together to find the actual root cause. Fisker Automotive’s CEO, Tom La Sorda visited the A123 facility to support this initiative.
“We especially want to thank our valued customers for their ongoing support and continued confidence in us,” said LaSorda. These “early adopters” have the vision to embrace this new technology and become brand advocates as we launch the Fisker Karma in the many markets around the world. To them, we say a special “Thank You” and know they will appreciate these added customer care benefits,” he added Fisker will work with our distributors, retailers and customers to communicate the details and status of this voluntary battery exchange program.
In addition, Fisker’s Quality SWAT Team also has been working aggressively on the next generation vehicle software upgrade to improve the vehicle experience to customers, with a release planned in the next few days.
“We have delivered over 630 vehicles to customers in North America and Europe since sales began at the end of last year. Our customers continue to report the excitement they feel when they drive their Karma. The design is so unique that the car draws attention like no other; the electric powertrain is so quiet and the handling is exhilarating. We look forward to satisfying many more customers in the months and years ahead,” adds LaSorda.
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury. The company is designing and developing the world’s first line of premium electric plug-in hybrids representing the company’s firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer. For more information on the brand and the Fisker Karma Sedan, please go to http://fiskerautomotive.com.
Anaheim, California USA – February 28, 2012: Fisker Automotive is pleased to announce that Co-Founder Henrik Fisker will become Executive Chairman and Tom LaSorda is appointed CEO and Vice Chairman of the Board., with full responsibility for the running of the company’s day to day operations.
Henrik Fisker, who co-founded Fisker Automotive in 2007 after an illustrious design career at brands including BMW and Aston Martin, will focus on building the Fisker brand in global markets and the styling and design of future Fisker models.
“We have created a new automotive company, launched a new Electric Vehicle extended range technology and brought the Fisker Karma to market successfully in a remarkably short timeframe,” says Henrik Fisker.
“The Fisker Karma is the first car designed and engineered in America to win BBC Top Gear’s prestigious Luxury Car of the Year Award, as well as numerous other accolades, and that is something of which I am immensely proud.”
“I am looking forward to working closely with Tom as we steer the company into its future as an iconic global automotive brand with a range of desirable cars that offer environmentally responsible luxury.”
Tom LaSorda, who joined the company as Vice Chairman of the Board and executive advisor to the management team in December, will assume full CEO responsibilities and day to day operational management.
A well-known industry executive, with more than 30-years experience, LaSorda was a former CEO, President and Vice Chairman of the Chrysler Group and also held a number of executive positions at General Motors over a 23 year career.
“I am delighted to be assuming such a central role at this exciting time in Fisker Automotive’s history,” says LaSorda.
“The Fisker Automotive team has designed and engineered a great range-extended electric car with industry leading technology and it gives me great pleasure to be working together with the co-founders, Henrik Fisker and Barny Koehler to build Fisker Automotive into a global automotive company.”
“As part of our future strategy, we will be seeking strong partnerships and alliances as Fisker continues to grow as a brand.”
With the re-organization, Chairman of the Board, Ray Lane will assume a lead director role, as Henrik Fisker takes on the Executive Chairman role.
“Ray has been an invaluable guide and help to us as we have grown this company and its financial strength over the past few years. For a company to raise over $860m of private equity is a remarkable achievement and Ray’s support and guidance has been a key factor in that,” remarks Henrik Fisker.
“I am looking forward to working with the new leadership team as we move to the next level in the company’s history,” says Ray Lane.
Anaheim, California USA – January 18, 2012 - Henrik Fisker says he is “happy, humbled and very proud” of the number of international awards the Karma has continued to receive in its debut sales year.In recent weeks, this has included Top Gear’s Luxury Car of the Year, Automobile’s Design of the Year Award, listing in TIME Magazine’s Top 50 Innovations of 2012, a Global Green Design Award, and noted Swiss magazine Schweizer Illustrierte named the Karma their Most Stylish Car of 2012. Commenting on the success, Henrik Fisker said, “We have always had a great deal of faith in the appeal of the cars we create, but to have that recognized by critics so early on in the Karma’s lifespan is really fantastic.”
+ WIND TURBINE CHARGES KARMA AT ILLINOIS ECO RESTAURANT
Savvy Karma owners eating out at The Great Escape restaurant in Shiller Park, Illinois, have been able to charge-up their luxury plug-in hybrids for free and with zero environmental impact, after the restaurant fitted EV charging stations to a giant wind turbine. Keen to do their bit for the environment and to reduce dependence of foreign oil, the restaurant owners erected the 112-footwind turbine in 2009, providing well over 50-70 percent of their energy needs in a sustainable way – and leaving plenty of energy over to charge up a few Karmas during lunchtime.
+ FISKER DOES DEALERSHIPS DIFFERENTLY
Fisker dealerships are emerging worldwide, with 45 already up and running in the US alone. In keeping with Fisker Automotive’s philosophy of utilizing existing resources wherever possible, the company has tried to avoid building new facilities from the ground up. Instead, Fisker is recycling previously occupied car showrooms and transforming them into new environmentally friendly ones with showrooms furnished with environmentally responsible furniture. This means using sustainable materials in construction, such as reclaimed wood flooring and color and materials containing glass and reclaimed wood veneers. Technology tables with touch-screen functionality allow consumers to configure and order their Karma while cutting out the use of traditional paper sales materials. Fisker retailers are also installing the first ever solar-powered dealership signs, designed specifically for Fisker Automotive, which contain recycled components, are low maintenance and operate on cloudy days with less than two amps of power. These signs reflect the overall mission of Fisker Automotive, which is Uncompromised Responsible Luxury™.
+ CHANGES TO THE GLOBAL COMMUNICATIONS TEAM
Media colleagues should note some changes to Fisker Automotive’s Global press team, which has been strengthened over the last year in-line with the company’s growth and progress internationally. Here’s an update of our details – please contact your relevant region’s representative with all enquiries.
Knightsbridge, London, UK – January 12, 2012: Thousands of shoppers at world famous department store, Harrods in Knightsbridge, London, won’t be able to miss the Fisker Karma as they arrive for the Winter Sale.The world’s first luxury electric vehicle will take pride of place in the prominent Brompton Road window display until the 4th of February.
“Harrods is one of the most prestigious retail sites in the world, which is perfect for our car,” said Henrik Fisker, co-founder and CEO of Fisker Automotive. “The landmark store attracts hundreds of thousands of customers from all over the world during January, and we look forward to introducing them to Fisker Automotive.”
Harrods Media Sales Director, Guy Cheston, commented: “We are delighted to have partnered with Fisker Automotive to become the first UK retailer to exhibit the Fisker Karma. This exciting new luxury electric vehicle will take pride of place in our iconic windows and is certain to attract a great deal of interest from our customers.”
The Karma is the world’s first true luxury electric vehicle with extended range (EVer™) allowing it to offer Uncompromised Responsible Luxury. It combines the efficiency of electric drive with the range and freedom of petrol-powered cars, while offering the comfort and performance expected of a high-end sedan.
Despite its size, performance, and visual appeal, the Karma is one of the most efficient, low-emission vehicles available today. It can travel from 0-60mph in 6.2 seconds yet was recently given an astonishing emissions rating of just 51g/km CO2 by the TUV and a 112mpg equivalency rating.
Prospective customers visiting Harrods will be able to take a tour of the vehicle, offered the chance to virtually configure their own model and put in touch with their local dealership to arrange a test drive.
The Fisker Karma is the first American-designed and engineered luxury vehicle specifically developed to appeal to global markets. It is the only luxury sedan in the world that meets future fuel consumption and emission requirements, making it suitable for any international city with its ability to travel 50 miles on electric only with zero emissions.
The 2012 Fisker Karma is already on sale in the United States, priced from $102,000, and will be available at dealerships internationally in the coming weeks. Harrods owner Qatar Holding is also a shareholder in Fisker Automotive Inc.
ABOUT HARRODS
Harrods, located in the heart of Knightsbridge, is celebrated as being at the forefront of luxury retail. Offering the finest merchandise from this most prominent of London locations, as well as from satellite sites around the world, Harrods provides unrivalled choice and a bespoke personal service that attracts loyal customers as well as a host of international visitors.
Harrods has over 360 departments, spread over seven floors of its iconic Knightsbridge building. The store's vast selection of merchandise ranges from international haute couture to cutting edge technology, as well as an unrivalled choice of exquisite food and drink in the world famous Food Halls. Harrods also offers exclusive services including ‘By Appointment Personal Shopping andBeyond’ to provide a total lifestyle experience. The Harrods ethos of ‘anything is possible’ sets out to surpass the desires and expectations of its customers.
HARRODS Contact:
Joel Verner
Harrods, Corporate Affairs
Tel: +44 (0)20 7893 8624
Anaheim, California, USA – December 14, 2011: Fisker Automotive is pleased to announce the appointment of Richard Beattie to the newly created role of Chief Commercial Officer.Based in Fisker Automotive’s Southern California headquarters, Richard will take responsibility for Fisker Automotive’s global marketing, sales, and customer service divisions as its first range-extended luxury vehicle, the Fisker Karma, continues to be delivered to customers worldwide.
Richard Beattie was formerly responsible for sales and marketing at Jaguar Land Rover North America from 2002 to 2007, before taking over the position of Executive Vice President of Marketing and Sales for Jaguar North America in 2009.
Prior to this, he was VP of Marketing, Sales, and Service at Lincoln Mercury, having risen through the ranks at Ford both in Europe and the USA, including a posting as President and CEO of Mazda’s North American operations. He brings a solid management record with premium and luxury automotive brands.
“The addition of Richard Beattie to our leadership team completes our transition from a start-up car company to a volume manufacturer,” said co-founder and CEO Henrik Fisker. “His experience in the premium car sector will be crucial as we continue to reach new customers in both Europe and Asia.”
In the newly created position of Chief Commercial Officer, Richard will work alongside existing COO Bernhard Koehler and CFO Joe DaMour.
Anaheim, California, USA – November 30, 2011: The Fisker Karma sedan has been crowned ‘Luxury Car of the Year’ by BBC Top Gear magazine as well as ‘Car of the Year’ by Top Gear TV presenter, James May.As a start-up American car company, this award is very significant for Fisker Automotive. Top Gear is the world’s leading global automotive magazine and television show and, importantly, is based in Europe - the heart of the world’s top luxury automotive brands.
The Karma – Fisker’s first production car – is a 403 hp luxury sedan and the world’s first true electric vehicle with extended range (EVer™). In addition to being a four-door four-passenger sedan with sport performance and striking sculptural design, the Karma is also one of the most efficient, low-emission vehicles available today. The Karma combines the zero-emission efficiency of electric drive with the range and freedom of gasoline-powered cars, due to its cutting-edge EVer™ series hybrid powertrain technology,
Charlie Turner, BBC Top Gear magazine editor, explained why the Karma was a worthy winner: “Cleverness abounds in the Fisker and adds to the air of intelligent luxury. It works well, it looks good and it must be a genuinely exciting thing to own.
“It’s the top-of-the-line spec that features no leather, just textiles and reclaimed wood. And it’s more convincing than it sounds, managing to look, feel and smell premium without any cow peel in it at all,” Turner concluded.
Henrik Fisker, co-founder, CEO and executive design director of Fisker Automotive, commented: “It is fantastic news that the Karma has won two awards from Top Gear. We realize that we are at the beginning of our journey and awards like this remind us we are on the right road - building enticing green cars that people actually want to own. It’s particularly pleasing that this award recognizes the Karma as the world’s first luxury hybrid electric car.”
“It’s a triumph that American engineers have designed and engineered this ground breaking car at our global Headquarters in Anaheim, CA and that there is now a new American car option that is bold, beautiful, smart, and environmentally responsible.”
“We’re big fans of both the Top Gear show and magazine - it’s great to see motoring entertainment that is loved by millions. The fact that Fisker cars appeal to the Top Gear audience inspires us to continue producing cutting-edge luxury vehicles with extended range, including our upcoming new mid-sized sedan that will be built in Delaware, USA.”
It’s the latest in a run of high-profile recent awards for the Karma sedan that Fisker Automotive has been very proud to win, including Automobile’s Design of the Year and a Global Green Design Award. In winning the Top Gear ‘Luxury Car of the Year’ award, the Karma joins an exclusive group of prestigious previous winners, such as the Mercedes-Benz CLS Coupe, Jaguar XJ and Rolls-Royce Phantom Coupe.
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Anaheim, California USA – November 16, 2011: The Fisker Karma Electric Vehicle with extended range achieves 112 mpg (2.1 l/100km) combined fuel economy and emits just 51 g/km CO2, according to independent testing by the Technischer Üeberwachungs Verein (TÜV), Europe’s recognized automotive certification agency.TÜV tests also validated the Karma’s all-electric range at 51.6 miles (83 km).
Separately, the US Environmental Protection Agency (EPA) has rated the Karma a 10 out of 10 for fuel economy and greenhouse gas emissions, while the California Air Resources Board (CARB) recently offered its certification, making the Karma emissions compliant in all 50 states.
The Karma, a 400-horsepower luxury sedan that can accelerate from 0-60 mph (97 km/h) in 6.1 seconds, is one of the most efficient, lowest emission automobiles available despite its size, performance and visual appeal.
These figures are possible due to the Karma’s cutting-edge EVer™ (Electric Vehicle extended range) powertrain technology, which combines the zero-emissions and efficiency of electric drive with the range and freedom of petrol-powered cars.
Technically a series plug-in hybrid, the Karma gives drivers the ability to run emission free on demand, as well as travel long distances without the range anxiety or long recharge times associated with pure electric vehicles.
While the Karma can run on all-electric power in Stealth mode for 51.6 miles, it has a total range of up to 300 miles (483 km) before a stop for gas or recharge is required. When driven in charge-sustaining Sport mode the Karma achieves 26 mpg (9.2 l/100km) combined fuel economy in TÜV tests, the best of any full size, US-market luxury car.
“We are naturally very pleased with the TÜV results, which show we have delivered better than our anticipated fuel efficiency figures,” said CEO and co-founder Henrik Fisker. “We believe the Karma is a car well-suited to the lifestyles of many people, and these results only reinforce that position.”
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