The Fisker Karma is the world's first premium plug-in hybrid electric vehicle designed and engineered in California
Fisker Automotive is an American premium plug-in hybrid electric vehicle manufacturer
Fisker Automotive is a privately owned American car company creating environmentally conscious vehicles with passion, style and performance developing uncompromised advanced technology transportation.
Fisker Automotive was established in September 2007 when Fisker Coachbuild, an automotive design house founded by auto designer Henrik Fisker (Aston Martin DB9, V8 Vantage; BMW Z8; Artega GT) and
veteran auto industry executive Bernhard Koehler -- partnered with Quantum Technologies (QTWW), a major Tier 1 supplier of clean vehicle technologies. Global headquarters are in Irvine, California.
Fisker Automotive's cutting-edge vehicle designs and unique business plan -- patterned after tech-sector outsource models that keep overhead low and profits high Ė immediately attracted substantial
private equity financing from leading Silicon Valley Venture Capital firms Palo Alto Investors and Kleiner Perkins Caufield & Byers.
September 2009 saw Fisker Automotive approved for a $528.7 million conditional loan from the U.S. Department of Energy Advanced Technology Vehicle Manufacturing (ATVM) loan program to accelerate
development of plug-in hybrids.
That year Fisker Automotive also announced it would begin development of a second line of plug-in hybrids, code named Project NINA, with the expectation of having some 2,000 American auto workers
building 100,000 units per year at a 3.2 million square-foot factory in Wilmington, Delaware it would acquire from the former General Motors.
By the end of May 2010 Fisker Automotive raised more than $320 million in private equity funding. The company is now poised to start regular production of the Karma in early 2011.