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Fisker's new owner, the Wanxiang Group out of China plans to restart production of the Karma plug-in hybrid sedan within a year or so. Pin Ni, head of the U.S. unit for Wanxiang tells Reuters the company plans on restarting production in Finland possibly this year and sell them in U.S. and Europe. At the moment, Ni says the company is working on finalizing business plans for the brand and hasn't worked out what the sales target for the Karma will be. Ni went onto say that production could move to the U.S. with with "a potential partner out of Michigan." That possible partner could be VL Automotive, the company who is taking Fisker Karmas and dropping in V8 engines. Along with restarting Karma production, Wanxiang plans to finish development of the Atlantic sedan. The model, which was positioned to be the volume model for Fisker was planned to go into production in 2015. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article -
Fisker's New Owners Plan To Restart Production Within A Year
William Maley posted an article in Karma
Fisker's new owner, the Wanxiang Group out of China plans to restart production of the Karma plug-in hybrid sedan within a year or so. Pin Ni, head of the U.S. unit for Wanxiang tells Reuters the company plans on restarting production in Finland possibly this year and sell them in U.S. and Europe. At the moment, Ni says the company is working on finalizing business plans for the brand and hasn't worked out what the sales target for the Karma will be. Ni went onto say that production could move to the U.S. with with "a potential partner out of Michigan." That possible partner could be VL Automotive, the company who is taking Fisker Karmas and dropping in V8 engines. Along with restarting Karma production, Wanxiang plans to finish development of the Atlantic sedan. The model, which was positioned to be the volume model for Fisker was planned to go into production in 2015. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. -
William Maley Staff Writer - CheersandGears.com October 16, 2012 When we last checked in on the Fisker Atlantic, the mid-size sedan that would take on the 5-Series, A6, CTS, and others, was delayed from next year to sometime in 2014. A new report from Reuters says Fisker has pushed back production of the Atlantic to late 2014 or 2015, a full two years behind the original production date. "The Atlantic is really the volume car that begins to build growth. It creates a business model that is one where we can really generate cash in the future," Chief Executive Tony Posawatz said during a conference call with investors and analysts. The conference call also revealed the Atlantic has a target base price of $55,000 and the underpinnings will be used to spawn several other models, including a new crossover. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. -
William Maley Staff Writer - CheersandGears.com October 16, 2012 When we last checked in on the Fisker Atlantic, the mid-size sedan that would take on the 5-Series, A6, CTS, and others, was delayed from next year to sometime in 2014. A new report from Reuters says Fisker has pushed back production of the Atlantic to late 2014 or 2015, a full two years behind the original production date. "The Atlantic is really the volume car that begins to build growth. It creates a business model that is one where we can really generate cash in the future," Chief Executive Tony Posawatz said during a conference call with investors and analysts. The conference call also revealed the Atlantic has a target base price of $55,000 and the underpinnings will be used to spawn several other models, including a new crossover. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
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William Maley Staff Writer - CheersandGears.com August 16, 2012 Fisker is looking to raise another $150 million to help keep the company afloat. "We need money on our balance sheet" to fund operating expenses. "And we need money to fund the development of the next car," said Ray Lane, a Fisker director and a managing partner at venture firm Kleiner Perkins Caufield & Byers to Reuters."We're raising some of that money now, and some later." The reason for the extra $150 million? Earlier this year, Fisker's request for $264.5 million in government was denied by U.S. Department of Energy. Couple that with development costs of the new Atlantic and production costs of the Karma and easy to see why they're asking for money. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. -
William Maley Staff Writer - CheersandGears.com August 16, 2012 Fisker is looking to raise another $150 million to help keep the company afloat. "We need money on our balance sheet" to fund operating expenses. "And we need money to fund the development of the next car," said Ray Lane, a Fisker director and a managing partner at venture firm Kleiner Perkins Caufield & Byers to Reuters."We're raising some of that money now, and some later." The reason for the extra $150 million? Earlier this year, Fisker's request for $264.5 million in government was denied by U.S. Department of Energy. Couple that with development costs of the new Atlantic and production costs of the Karma and easy to see why they're asking for money. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
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New York 2012: Fisker Atlantic
William Maley posted an article in New York International Auto Show (NYIAS)
William Maley Editor/Reporter - CheersandGears.com April 3, 2012 Starting off the New York Auto Show pre-game show, Fisker has revealed the new Atlantic range-extended EV. Fisker says the Atlantic will utilize and updated version of the same technology found in the large Karma range-extended EV. The rear axle is driven by two electric motors fed by a lithium-ion battery back. Up front will be BMW’s 2.0-liter turbocharged 4-cylinder to act as a range extender. Unlike the Karma though, the Atlantic will have the option of all-wheel-drive. Design wise, the Atlantic shares many of the Karma's design cues, including a front fascia with two grilles, angular foglamps, and a power dome on the hood, and oversized fenders. The side profile features heavily sculpted character lines and the back door handles are hidden within the C-pillar. An all-glass roof completes the look. Press Release is on Page 2 FISKER AUTOMOTIVE UNVEILS THE ALL-NEW FISKER ATLANTIC IN NEW YORK Atlantic design prototype confirms Fisker Automotive’s bold future direction Uncompromised styling reinforcing commitment to exquisite design Four-door sporting sedan with a luxurious and practical interior Driven by Fisker’s advanced EVer powertrain technology: electric car with extended-range freedom Rear-wheel drive with all-wheel drive option Atlantic marks Fisker’s next step in its transition from start-up automaker to mainstream American manufacturer 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. -
William Maley Editor/Reporter - CheersandGears.com April 3, 2012 Starting off the New York Auto Show pre-game show, Fisker has revealed the new Atlantic range-extended EV. Fisker says the Atlantic will utilize and updated version of the same technology found in the large Karma range-extended EV. The rear axle is driven by two electric motors fed by a lithium-ion battery back. Up front will be BMW’s 2.0-liter turbocharged 4-cylinder to act as a range extender. Unlike the Karma though, the Atlantic will have the option of all-wheel-drive. Design wise, the Atlantic shares many of the Karma's design cues, including a front fascia with two grilles, angular foglamps, and a power dome on the hood, and oversized fenders. The side profile features heavily sculpted character lines and the back door handles are hidden within the C-pillar. An all-glass roof completes the look. Press Release is on Page 2 FISKER AUTOMOTIVE UNVEILS THE ALL-NEW FISKER ATLANTIC IN NEW YORK Atlantic design prototype confirms Fisker Automotive’s bold future direction Uncompromised styling reinforcing commitment to exquisite design Four-door sporting sedan with a luxurious and practical interior Driven by Fisker’s advanced EVer powertrain technology: electric car with extended-range freedom Rear-wheel drive with all-wheel drive option Atlantic marks Fisker’s next step in its transition from start-up automaker to mainstream American manufacturer 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. 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