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Fisker Karma
Karma hybrid sports sedan will be built by Valmet Automotive

Fisker Automotive announced that it is teaming up with Valmet Automotive in Finland to build its plug-in Karma hybrid sports sedan. Valmet has experience with sports cars; Motor Trend

reports that Fisker is the manufacturer for several Porsche models including the Cayman and Boxster.

Fisker Automotive says that the Karma will have an all electric range of 50 miles and that its full range will be 350 miles. Over its entire gasoline assisted 350 mile range, Fisker claims that the Karma can achieve a fuel economy rating of 100 MPG.

The Karma is a high-end hybrid sedan and Fisker expects to sell 15,000 of the cars annually, with more than half of the sales coming from Europe. That makes a European manufacturer for the Karma a good fit. Fisker does say that it has an American manufacturing facility it plans to use for future models.

Much like the Tesla Roadster that went into production in March, the Karma is an attractive hybrid with performance roots. Fisker says that the Karma can reach a top speed of 125 mph and can hit 60 mph in under six seconds.

Motor Trend says that it is estimated that 800 orders for the Karma have already been placed overseas and that 44 distributors have signed up here in America to sell the car. The Karma is expected to hit dealerships in America in Q4 2009 as a 2010 model and be available in Europe in early 2010.

DailyTech reported in January 2008 that the price for the Karma will be $80,000.

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RE: What's the point?
By OxBow on 7/17/2008 4:17:45 PM , Rating: -1
Right- Trickle down economics has worked soooo well.

It didn't work for Reagan.
It didn't work for Bush.
It didn't work for Bush's son.

Sorry, I don't want to be trickled on.

The idea that this tech will be funded by the well heeled and that it'll eventually trickle down to the masses is bull. If they can afford to make 15k of these for $80k ea. they could make 150k of these for $40k each or 300,000k of these for $20k. The economy of scale would bevy this out. They're really only interested in the luxury market.

That makes sense for this company, because that's their niche. But if a small car company can do this, then the big automakers should be able to also. The only semi-legitimate reason they aren't is that they're bloated administrations are to slow to change. If the boards of these companies exercised real oversight and held the execs. accountable, then we'd start to see these kinds of improvements next week.

Ok, I'll get off my soap box now.

RE: What's the point?
By masher2 on 7/17/2008 6:29:04 PM , Rating: 5
> "The idea that this tech will be funded by the well heeled and that it'll eventually trickle down to the masses is bull..."

You're right. Those $6,000 personal computers didn't eventually trickle down into $500 PCs anyone could afford.

Those $5,000 car phones didn't eventually trickle down into cell phones given away free with an account.

Those $75,000 custom-installed big screen TVs didn't trickle down into $1500 units sold in department stores.

Those $5,000 fax machines and laser printers didn't trickle down into models any home office can afford.

Those $10,000 portable GPS units didn't trickle down into $100 models people can stick on their dashboard.

You're right. Technology never trickles down.

RE: What's the point?
By Silver2k7 on 7/17/2008 7:01:00 PM , Rating: 3
yeah your right not those $10,000 1x CD-ROM burners either ;)

RE: What's the point?
By DeepBlue1975 on 7/17/2008 7:07:32 PM , Rating: 2
I remember when landline telephones were only for the rich...
Well, I remember my grandparents telling me about it :D

RE: What's the point?
By nah on 7/18/2008 12:42:21 PM , Rating: 2
Actually the first CD-Writers cost USD 149,000 and couldn't even do data--for that you had to add a 14,000 USD contraption--this was way back in 1988

RE: What's the point?
By Indianapolis on 7/17/2008 7:29:33 PM , Rating: 4
Wow. You just blew my mind. I never imagined using the word "trickle" would inspire someone to go on an anti-Bush rant. And it certainly wasn't my intention to "trickle" on anyone.

Your arguments aside, this is a well-established pattern in the automotive (and most any) industry. For example, safety features such as an electronic stability system and side impact airbags that were formerly found on upper-end model automobiles are now available on lower-end models as well.

"There's no chance that the iPhone is going to get any significant market share. No chance." -- Microsoft CEO Steve Ballmer

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