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Fisker finesses the Inflation Reduction Act tax credit changes with binding sales contract; “Transition Rule”

Green Car Congress

However, new requirements include that the cars must be assembled in North America and that critical minerals in the battery must come from the US or a country with a free-trade agreement with the US. Further, vehicles must have an MSRP of less than $55,000 for cars and $80,000 for SUVs and trucks.

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Fisker unveils the Atlantic design prototype in New York; second-generation EVer powertrain

Green Car Congress

Fisker Atlantic design prototype. Fisker Automotive unveiled its new model, the Atlantic sedan (known earlier as project Nina), in an event in new York. Revealed as a design prototype, the Fisker Atlantic is a luxury four-door sporting sedan using the second generation EVer (Electric Vehicle with extended range) technology.

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A123 Systems Signs Multi-Year Li-ion Battery System Supply Agreement With Fisker Automotive, Intends to Invest Up To $23M in Fisker

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A123 Systems has entered a battery supply agreement with Fisker Automotive to supply battery systems for the Fisker Karma Plug-in Hybrid Electric Vehicle (PHEV). The multi-year agreement provides that A123 is the selected battery system supplier for the Fisker Karma. Project Nina is expected to launch in 2012. Investment.

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Fisker reports more than $100M in revenue Jan-Apr 2012; more than $1B in funding since 2007

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The EVer (Electric Vehicle extended range) powertrain of the Fisker Karma. Fisker Automotive published its first business update, announcing that revenues had exceeded $100 million in the first four months of 2012. —Tom LaSorda, CEO of Fisker Automotive. 2012 Fisker Karma. Click to enlarge. Click to enlarge.

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Fisker Secures $115.3M in Private Equity Funding; Necessary to Access $528.7M DOE Loan

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Fisker Automotive last week secured access to an additional $115.3 million in private equity funding to develop plug-in hybrid cars. This funding is necessary for Fisker Automotive to access a $528.7 A123 is also investing $23 million in Fisker. Earlier post.). Earlier post.).

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Quantum to begin series production of solar roof for Fisker Automotive

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million production release for the first production series of solar roofs for the Fisker Karma. Under the release, Quantum, with affiliate Asola of Germany, will initiate volume production of the solar roofs for the Fisker Karma in early 2011. Fisker Automotive, co-founded by Quantum, closed a Department of Energy loan for $528.7

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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