Fisker CEO Henrik Fisker feels like the automotive world is at the beginning of a renaissance, and he believes now is the first time in 40 years that start-up automakers can compete and even thrive against the established OEMs. Fisker has already began to rage against the machine with the Karma. It looks great, promises terrific performance, and it plugs into a standard socket. The tree-hugging, tarmac-punishing Karma won't even be on the road until 2010, but that isn't stopping Fisker from dreaming big.

According to The Oakland Press, Fisker is looking to produce a lower cost, high volume plug-in that would likely thrust the Fisker brand into the mainstream. Fisker has already applied for federal loans with the Department of Energy, and if the request goes through, the vehicle could be on the road in 29 months. If the high volume Fisker sees the light of day, it could well be developed at the company's new technical center in Pontiac, Michigan, an area in desperate need of new jobs.

[Source: The Oakland Press]