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Fisker claims production line start in May

Automobile designer Henrik Fisker has big plans and his first car, the luxurious Karma plug-in hybrid, is scheduled to begin production in May of next year.

 

At the recent Los Angeles Auto Show, Fisker Automotive founder Henrik Fisker revealed the production version of his plug-in electric car and said the first customers will be driving them by this time next year.

 

Fisker claims that 1,500 people have placed orders for the $87,900 Karma plug-in hybrid, which will be built in Finland by Valmet Automotive. “The (production)

 line at Valmet starts in May,” he said.

 

Fisker says the company is currently crash testing cars on its own. Federal crash testing will begin once the production line starts. Fisker also said project engineering for Project Nina, his mid-sized plug-in hybrid sedan, will begin in January now that the Department of Energy has approved a $528.7 million loan to help get the car built.

 

Nina will be built entirely in the United States at a former General Motors plant in Wilmington, Delaware, that Fisker Automotive purchased in October. The company will spend $175 million dollars refurbishing the plant to build the car. The Nina is expected to cost $39,900 after the $7,500 federal tax credit for EVs and plug-in hybrids. Fisker says Nina will see production in mid-2012 but because of intense competition and secrecy in the auto industry we won’t see what it looks like for another year or so.

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