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Good Karma: Fisker investors reportedly bring in $85 million in capital

by Noah Joseph (RSS feed) on Apr 13th, 2009 at 4:59PM

Hybrid propulsion or not, wunder-designer Henrik Fisker couldn't have picked a worse time be to starting a new car company...especially in the United States. Fisker has been adamant that his company will get off the ground and begin production of its much-hyped Karma electric sedan and S convertible, but without the capital invested, speculation was that his efforts could run out of steam prematurely. However, Automotive News is reporting that the upstart automaker has received a healthy cash injection of $85 million to help get production started.The funds come from two investors:... Read More

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