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Fisker Karma

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Probably a step in the right direction. Let Henrick design and promote, and hopefully someone else can help balance function with form.

YES. My main issue with Fisker Automotive has been resolved. He got his name on the cars and they're his designs, now step aside and let the pros handle it... Now, whether this Big Auto guy is the right "pro" remains to be seen, but at least we got the kid out of the driver's seat of the school bus.

Might be good for Fisker, but I don't see the up side for the larger automaker. As far as I can tell, Fisker doesn't have any real technology to offer. Just a very expensive car that I think needs its drivetrain and control center reworked to be up to a larger automakers standards. I just don't see what a larger automaker would have to gain.

Exactly. Their claim to fame is good looks and green cred. The latter is almost laughable, the former, while subjective, has been accomplished for the most part, but will it be enough to make them a worthwhile acquisition? Nope. They might as well just buy Henrik.
 
The Fisker story is simple - car guys dream of building their own car. All Henrik did was see a window of opportunity with the DOE program. The only reason his car is even remotely electric is because that's the only way he would be eligible for those funds. All of the private investment he did get was probably largely based on the fact that he was going to be receiving the DOE funding. Henrik would have gladly built his own version of an Aston Martin, but that would have been extremely difficult to fund and make profitable. The Karma is (partly) electric only because it has to be, or it wouldn't exist.
 
The Fisker story is simple - car guys dream of building their own car. All Henrik did was see a window of opportunity with the DOE program. The only reason his car is even remotely electric is because that's the only way he would be eligible for those funds. All of the private investment he did get was probably largely based on the fact that he was going to be receiving the DOE funding. Henrik would have gladly built his own version of an Aston Martin, but that would have been extremely difficult to fund and make profitable. The Karma is (partly) electric only because it has to be, or it wouldn't exist.
Not exactly. I'd say the window of opportunity Henrik saw was VCs looking to make investments in the green technology sector (perhaps convinced by Quantum Technologies which had been floundering with its hydrogen hybrid stuff). Making the Karma a plug-in hybrid got it funding attention it wouldn't normally have had. Design the car, contract out everything else, and you have a car company.

It was the DOE loan program that caused Fisker to prematurely come up with the Nina, a car more politically palatable (read cheaper) and to be built in the US (the Karma is made in Finland), in a bid for those gov't funds. The cheap money of the DOE loans are a competitive advantage and do open the door to more funding.

It's a minor point of timing in history, but if full details of the DOE loan program were out when Fisker Automotive started, they would have tried to manufacture the Karma in the US.
 
New:

Fisker troubled | Detroit Free Press | freep.com
...It probably didn't help matters that Fisker got rid of its powertrain supplier, Quantum Fuel Systems Technologies Worldwide, last year, Automotive News reports. Now, Fisker is going to make its own powertrains...


Old:

http://stage.autonews.com/apps/pbcs.dll/article?AID=/20101206/OEM05/312069995/1186&template=printart
...While shopping at a local Land Rover dealership near Los Angeles, Fisker's wife met a woman who said her husband was also in the auto business. The two women arranged a dinner date to get their husbands together. The other man turned out to be Alan Niedzwiecki, CEO of a hybrid-drive technology company called Quantum Fuel Systems Technologies Worldwide Inc., also in Irvine.

Quantum had big plans of its own. The company, founded in 2000, had developed a stealth propulsion system to power U.S. military combat vehicles. Quantum was also gearing up to market a hybrid-electric powertrain system called Q-Drive to automakers.

During their dinner in 2007, a serendipitous opportunity became obvious: Niedzwiecki was an advanced technology supplier looking for a consumer vehicle. Fisker was a vehicle maker with no powertrain resources.

Recalls Fisker: "We sort of reached the same idea at the same time. We said, 'We should start a company together.' "

The resulting venture would be Fisker Automotive Inc., a corporation set up to produce and market its own cars. Quantum would help fund the venture and exclusively supply the cars with its Q-Drive powertrains. Fisker Coachbuild would design and engineer the cars. Henrik Fisker himself would style the cars...
 
Hmm, that's new. They seem to go light on supporting evidence on though.

Another reference:
http://www.autonews.com/apps/pbcs.dll/article?AID=/20120123/OEM01/301239965
...Fisker Automotive separated from powertrain supplier Quantum Fuel Systems Technologies Worldwide Inc. in early 2011 when Fisker decided that it should take its intellectual property in-house. Less than three years ago, Quantum was key to the development of the Karma's hybrid-electric powertrain system. Now Fisker believes his team can go it alone technologically, especially when intellectual property is involved.

"Quantum was right at the time, when we needed to outsource," Fisker said. "When we grew, we realized there were things we needed to own, and we can afford to own it. That's powertrain and vehicle integration."...