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Fisker is a joint venture company between Fisker Coachbuild and Quantum Technologies to produce a plug-in hybrid called the Karma. The Karma has a claimed range of about 50 miles before a range-extending gas engine begins recharging the batteries.
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0What $20 million means to both Tesla and Fisker 1369350840
When is $20 million not equal to $20 million? When, for some, it's an interest payment and, for others, it's all they're worth. Here's how that one number means two totally different things to two different green car companies. Speaking to Bloomberg Television about the early repayment of Tesla Motors' DOE loan, CEO Elon Musk said today that, ...
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A123 Systems, now B456, wins court approval to exit bankruptcy 1369245780
It's official: A123 Systems Inc. is passing through its final phase. The bankrupt lithium ion battery maker, now going by the name B456 Systems Inc., has won court approval for its plan to exit bankruptcy that pays off creditors from proceeds gained by selling off virtually all of its assets. Objections previously made by creditors had been resolved ...
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Bob Lutz and VL Automotive, Wanxiang trying to buy Fisker 1369171620
Chinese company Wanxiang was in the news earlier this year, as it moved to acquire bankrupt automotive battery company A123. Turns out, while that was taking place in the public eye, Wanxiang was also working with VL Automotive – of Bob Lutz and Destino fame – to try and buy out Fisker Automotive. According to unnamed sources speaking to ...
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Mysterious Hybrid Support Solutions arises to support Fisker Karma, charges $4k for membership 1369051200
It's hard to get sympathy when you have the funds to lay out north of $100,000 for a car, but for those Fisker Karma owners feeling blue, Hybrid Support Solutions (HSS) is there for you. For $3,995, of course. Karma owners can pay $3,995 for a subscription that gives them a chance to get service consulting for a car whose maker is a little too busy with ...
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Report: Fisker Karma prices tanking on used market 1368794700
Buying into a new, fledgling automaker is always a big risk – the early-adopter upside has the potential to be great, but the downside can look like the mother of all hangovers. Unsurprisingly, that's the unpleasant financial reality facing Fisker Karma owners as they look to unload their extended-range electric sedans while the company's future ...
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Report: Fisker-based Destino still in the works, hundreds of Karma owners seek conversion 1367845980
Wards Auto reports the VL Productions Destino is still moving forward. As you may recall, that machine takes a Fisker Karma hybrid, guts the drivetrain and replaces it with a honking 556 horsepower V8 from General Motors. Bob Lutz, while speaking with Wards, confirmed that VL Productions had obtained 20 Karma "gliders" without a battery, engine or ...
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Fisker goes to Congress: DOE attacked amid hints loan could still be paid back 1366846680
With a title like "Green Energy Oversight: Examining the Department of Energy's Bad Bet on Fisker Automotive" it was no surprise that the slant of today's Congressional hearing by the House Oversight subcommittee on Economic Growth, Job Creation, and Regulatory Affairs was overwhelmingly negative. In fact, for over three hours, it was perhaps the ...
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Proposed interior colors for 2014 Fisker Karma included 'Coronado,' 'Palisades' 1366718040
Among the things we're going to miss out on if/when Fisker Automotive goes bust is the legitimate description of "Coronado" as a color. That apparently orange-ish hue is one of four interior colors Fisker was planning on for its 2014 model-year Karma extended-range vehicle, according to Fisker Buzz. The three other colors planned for the two-toned ...
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Each Karma 'cost' Fisker $660,000 to produce 1366403220
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Fisker, A123 settlement reducing $140m in claims to $15m approved 1366322160
Fisker Automotive and what was formerly A123 Systems have received approval of their settlement in which Fisker's claims against the bankrupt battery maker were reduced by 89 percent, Bloomberg News reports. Fisker's claims against what's now B456 Systems were reduced to $15 million from $140 million. A US bankruptcy court judge in Delaware approved the ...
