Tag Archives: KARMA

A123 Systems (AONE) Gets Multi Year Lithium Battery Supply Deal With Fisker

Now we know why EnerDel and Fisker broke off discussions about working together.  Fisker wanted to work with A123 Systems (AONE).  This morning the companies announced a multi year deal in which A123 will supply the lithium batteries for the Fisker Karma to be launched later this year.  The relationship won’t end there.  A123 will also invest as much as $23 million in Fisker and collaborate on the Fisker Nina, which is the all … Read the rest

QTWW Update: Moving On Half Billion Govt Loan To Fisker Automotive

The news is in on Quantum which will produce the propulsion systems for Fisker Automotive.  The US government and Fisker Auto have agreed to terms on a loan of more than half a billion bucks to create fuel efficient hybrid and electric cars. A majority of the low-interest funds goes to Project NINA, which will oversee the design, engineering and assembly of Fisker cars with the remainder being used to finalize development of the Karma.  … Read the rest

Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) To Supply Vehicle Architecture For New Hybrid

  Quantum Fuel Systems Technologies Worldwide Inc. announced today that it will provide its Q-Drive high-performance plug-in-hybrid electric vehicle architecture to its affiliate Fisker. Fisker will use the Q-Drive vehicle architecture to produce its sporty "KARMA" plug-in hybrid. The KARMA will be able to go for up to 50 miles on its electric battery alone, with a hybrid gasoline engine for longer trips.

The Karma can be charged using a normal 110-volt electric outlet, or … Read the rest