
In what has been a delicate dance over the last 9 months, Fisker has been getting closer and closer to actually finalizing the deal to purchase an old GM car manufacturing facility in Delaware. Today, Fisker sealed the deal and reached an agreement with Motors Liquidation Company, the holding company for old GM assets that were not sold to the new GM through during its bankruptcy reorganization.
Fisker plans on building their 2012 “Project Nina” vehicle—a more reasonably priced $48,000 “family” sedan and sister car to Fisker’s flagship $87,000 Karma—at the plant.
The plant was bought with $20 million dollars of funds from the $530 million government loan Fisker received to help develop Nina along with a whole slew of ever more affordable plug-in hybrid sedans, coupes and crossovers—well, that’s the plan anyway. Fisker eventually expects that the plant will produce 100,000 plug-in hybrids every year.
Fisker’s ability to actually bring vehicles to market has recently been tested with repeated push backs of the expected release date for the Karma. Hopefully the official purchase of this plant will help Fisker to get back on track and focus on other things, such as actually getting the Karma into consumers’ hands.
Source: Automotive News


Yeah, the price of these cars pretty much puts them out of range of most people. If Fisker can then sell an under $30K EV, then the appeal of these models rubs off, and everybody’s happy!
Sincerely, Neil
Yeah, the price of these cars pretty much puts them out of range of most people. If Fisker can then sell an under $30K EV, then the appeal of these models rubs off, and everybody’s happy!
Sincerely, Neil
$30K is not gonna happen Neil. EREV’s basically have a double drivetrain in terms of part count: all of the components of an ICE vehicle( except a generator instead of a transmission)+ all of the components of an EV (except a slightly smaller batterypack). More parts = more cost. The whole thing is complex and expensive to build, no doubt the reason behind the endless delays of Karma production. I hope Fisker succeeds in getting the karma to the market and it might even be successful, but at the end of the day the whole EREV concept will never amount to more than a niche product until better batteries arrive.
$30K is not gonna happen Neil. EREV’s basically have a double drivetrain in terms of part count: all of the components of an ICE vehicle( except a generator instead of a transmission)+ all of the components of an EV (except a slightly smaller batterypack). More parts = more cost. The whole thing is complex and expensive to build, no doubt the reason behind the endless delays of Karma production. I hope Fisker succeeds in getting the karma to the market and it might even be successful, but at the end of the day the whole EREV concept will never amount to more than a niche product until better batteries arrive.