Fisker Says Karma Sales Top 1,000 Cars
Fisker Automotive Inc. reports it generated $100 million in revenue in the January-April period by selling about 1,000 of its $103,000 Karma plug-in hybrid sedans.
#hybrid #economics
Fisker Automotive Inc. reports it generated $100 million in revenue in the January-April period by selling about 1,000 of its $103,000 Karma plug-in hybrid sedans.
The company said last month it had lined up $392 million in fresh private financing since 2012 began. But Fisker now says it has raised $174 million so far this year. The company says it has raised more than $1 billion since its founding in 2007.
Privately held Fisker is eager to reassure investors and customers that it has enough cash to survive while it raises additional private equity funding. The company also needs financing to resume retooling former General Motors Co. plant in Wilmington, Del., to produce the upcoming Atlantic midsize hybrid.
Fisker halted work in Delaware when the U.S. Dept. of Energy froze the company's access to a $529 million loan after it missed sales and product development deadlines.
RELATED CONTENT
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions
-
Report: Old-Line Carmakers Set to Sweep Past Tesla in EV Race
Tesla Inc. will retain its position as the world’s largest maker of electric cars next year but plunge to seventh behind well-established vehicle manufacturers by 2021, predicts PA Consulting Group.