Right Lane Cruiser
03-12-2009, 08:51 AM
http://www.cleanmpg.com/photos/data/2/AmericanFlag.jpg Advanced Lithium Power of Vancouver will provide the batteries for the high-end Karma. (http://www.latimes.com/business/la-fi-fisker12-2009mar12,0,1767057.story)
http://www.cleanmpg.com/photos/data/501/Fisker_Karma.jpgKen Bensinger - The Los Angeles Times (http://www.latimes.com) - Mar. 12, 2009
Too bad they couldn't go with A123... --Ed.
Fisker Automotive Inc.'s long-anticipated plug-in hybrid will run on Canadian power.
The Irvine automaker said it would buy the batteries for its $87,900 luxury sedan, the Karma, from Advanced Lithium Power Inc., a Vancouver concern that also supplies batteries to the U.S. military. In addition, Fisker spokesman Russell Datz said the company would make a "sizable" cash investment in Advanced Lithium Power, also known as ALP.
Exact terms were not disclosed, but Datz said Fisker would get two seats on ALP's board along with the ownership stake.
Fisker said the first production models would be finished by year-end but customers would not receive deliveries until spring 2010. The company expects to build a network of 95 dealers in the U.S. and Europe by that time. Fisker has raised roughly $100 million in venture capital, including $3 million announced this month.
The battery is the most important, and costly, component in vehicles that run partially or entirely on electricity, so sourcing it is a... http://www.latimes.com/business/la-fi-fisker12-2009mar12,0,1767057.story
http://www.cleanmpg.com/photos/data/501/Fisker_Karma.jpgKen Bensinger - The Los Angeles Times (http://www.latimes.com) - Mar. 12, 2009
Too bad they couldn't go with A123... --Ed.
Fisker Automotive Inc.'s long-anticipated plug-in hybrid will run on Canadian power.
The Irvine automaker said it would buy the batteries for its $87,900 luxury sedan, the Karma, from Advanced Lithium Power Inc., a Vancouver concern that also supplies batteries to the U.S. military. In addition, Fisker spokesman Russell Datz said the company would make a "sizable" cash investment in Advanced Lithium Power, also known as ALP.
Exact terms were not disclosed, but Datz said Fisker would get two seats on ALP's board along with the ownership stake.
Fisker said the first production models would be finished by year-end but customers would not receive deliveries until spring 2010. The company expects to build a network of 95 dealers in the U.S. and Europe by that time. Fisker has raised roughly $100 million in venture capital, including $3 million announced this month.
The battery is the most important, and costly, component in vehicles that run partially or entirely on electricity, so sourcing it is a... http://www.latimes.com/business/la-fi-fisker12-2009mar12,0,1767057.story