Fisker Automotive finally closed on its $528.7 million Energy Department loan April 23, and now the biggest item on the to-do list is to actually produce its $87,900 plug-in hybrid car, the Karma, by the end of the year.
Fisker was founded in the summer of 2007, and many people have been eagerly anticipating the Karma. And why not? The car is undeniably attractive, with a compelling environmental story and (at least on paper) rip-roaring high performance. Henrik Fisker, the chief executive, is also a charismatic figure. But just months from the car’s debut, very few people outside the company have driven it. (The crown prince of Denmark got a Karma ride to a climate conference.)
Continue reading Fisker Karma: Ready to Roll?