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Fisker Karma
Fisker Automotive's Karma dazzles in Detroit

DailyTech first brought you details on Fisker Automotive's Hybrid Premium Sports Sedan (HPSS) in late October. The hybrid four-door generated a lot of interest around the web for its sleek design and claimed fuel economy.

The North American International Auto Show, which is currently taking place in Detroit, is the staging ground for more information on Fisker's gorgeous concept. The HPSS is now known as the Karma. Fisker also revealed that the Karma's propulsion system will work similarly to the Chevrolet Volt.

In addition to being a plug-in hybrid, the Karma uses a small internal combustion engine (ICE) to recharge a lithium-ion battery pack -- the ICE provides no forward momentum. The Karma can travel 50 miles on battery power alone before the ICE kicks in.

Fisker says that the powerful electric motors used in its Karma are good enough to propel the Karma to 60 MPH within 5.8 seconds. Top speed is a lofty 125 MPH.

"The car we're showing in Detroit is not your usual show car," said Henrik Fisker, CEO of Fisker Automotive. "It's actually a preview of the production car you can buy."

According to the Wall Street Journal, Fisker Automotive has the backing of venture-capital firm Kleiner Perkins Caufield & Byers -- the firm has backed famous companies like Google and "We have all the capital we need to move forward according to the plan," said Fisker. "We're still going to raise money later in the year, but we don't see that as a big issue."

The Fisker Karma will be priced at $80,000 and the company envisions sales of 15,000 units per year. Expect deliveries of the Karma to begin in late 2009 or early 2010.

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RE: 15,000 per year, huh?
By kkwst2 on 1/14/2008 12:34:36 PM , Rating: 2
Perhaps, but I don't think you can compare numbers as the target market is much different.

I would not buy a Vette, but I would consider buying one of these. Well, not at 80k, but maybe at 50-60k. And there are plenty of people willing to spend a lot more than I am on a car. I think if it turns out to be a good car, they could hit 15k per year pretty easily.

RE: 15,000 per year, huh?
By Spuke on 1/14/2008 3:32:55 PM , Rating: 2
I think if it turns out to be a good car, they could hit 15k per year pretty easily.
Maybe if it was a Porsche or BMW with an extensive dealer network and a few decades experience in the American market. Not for some niche car manufacturer like Fisker. I think those numbers are wishful thinking.

RE: 15,000 per year, huh?
By andrinoaa on 1/14/2008 4:24:25 PM , Rating: 2
Cross off BMW, their cars are so ugly now. 15k per year is a very small drop in the bucket overall. The Taurus sold more didn't it? It looked like it had a serious plstic meltdown. lol
just my opinion

RE: 15,000 per year, huh?
By winterspan on 1/14/2008 4:42:20 PM , Rating: 2
Yes, cross off BMW because your opinion is that they are ugly. </sarcasm>

RE: 15,000 per year, huh?
By Spuke on 1/14/2008 7:15:18 PM , Rating: 2
15k per year is a very small drop in the bucket overall.
Never seen a $80k Taurus before. Seriously, $80k is a relatively small market and Fisker's other cars don't move in those kinds of numbers. The only companies moving anywhere near 15,000 $80k cars are Porsche and BMW.

Besides, I've seen no reports stating that Fisker was increasing their manufacturing capacity to be able to produce that amount of cars nor have they expanded their dealerships. Oh that's right, they don't have ANY dealerships.

RE: 15,000 per year, huh?
By rudy on 1/15/2008 3:21:44 AM , Rating: 2
Thats a good point, but most likely they will partner with one of the bigger auto makers for distribution (well at least if they are smart).

"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton
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