the electric Karma
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Fisker Karma Plug-In Hybrid Launch Delayed Until Q3 2010 - by Viknesh Vijayenthiran
Originally slated to on sale in November of this year, the all-new Fisker Karma plug-in hybrid luxury sedan will now go on sale in the third quarter of 2010. Significant investments from major venture capital firms, a half-billion dollar conditional loan from the U.S. government and the establishment of a global network of independent retailers highlight Fisker’s rapid growth.
Since its founding in August 2007 the company has developed a new plug-in hybrid car, appointed a network of 42 independent U.S. retailers and three European distributors, been awarded $528.7 million in loans from the U.S. Department of Energy, and announced the development of a second, more affordable model codenamed Project Nina. As for the Karma, the luxury plug-in hybrid sedan is expected to keep its sticker price of $87,900 when it goes on sale late next year. For this money, customers will receive one of the most fuel efficient sedans on the market, with claims of up to 100 mpg in fuel economy and a healthy 408 horsepower and a monstrous 959 pound-feet of torque on tap.
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