Nearly 50 Southern California-area Fisker Karma owners drove their cars to Santa Monica Sunday to share their excitement and appreciation for the award winning Electric Vehicle with extended range (EVer).
Hosted by Fisker Santa Monica, 48 of the very first Karma owners were treated to brunch and open conversation with Executive Chairman Henrik Fisker at the exclusive Jonathan Club Beach overlooking the Pacific Ocean. Fisker executives Tony Posawatz, CEO, and Alex Klatt, Vice President of Global Design, also attended.
Brunch was followed by a scenic drive on the Pacific Coast Highway and through town to the showroom on Santa Monica Boulevard, where owners were treated to a close up look at a design prototype of Fisker Automotive’s next car, the Fisker Atlantic.
With more than 100 Karmas sold in less than 10 months, Fisker Santa Monica is one of the highest volume Fisker retailers in the world. Fisker’s global network of more than 70 retailers has sold more than 1,500 Karmas since the car went on sale in December 2011.
“I can’t tell you how thrilling it is to see how excited Karma owners get about their cars and the future of this company,” Henrik Fisker said. “I’ve been in the business a long time and truly have never seen anything like it. It was fantastic to watch all those Karmas make their way through town, knowing they weren’t using a drop of gas.”
Fisker Santa Monica principal Mike Sullivan said, “It was so great for me to show my appreciation for Fisker owners who understand you don’t have to compromise to drive more responsibly. Driving down San Vicente Blvd in a parade of 48 Fiskers in all-electric Stealth mode showed everyone a great example of the automotive future that we are hoping to build together.”
by Zach McDonald: HybridCars.com
Fisker announced this week it had completed a successful round of fundraising worth more than $100 million dollars, bringing total financing for the company to more than $1.2 billion. The new influx of private capital was necessary for the carmaker to move forward with its second model, the Atlantic sedan, which will reportedly be priced between $50,000 and $60,000.
Following a path similar to that of Tesla, Fisker hopes to work its way toward building increasingly affordable cars as its production volumes increase. Currently, it’s unknown where the Atlantic will be built or where the remaining money to begin production will come from.
As recently as last year, the carmaker had planned to use the bulk of its $528 million Department of Energy loan to outfit a former GM factory in Delaware and begin production on the Atlantic. However, the DOE withheld $359 million of that loan money after Fisker failed to meet some of the loan’s requirements.
Though the setback delayed the release of the Atlantic somewhat, Fisker has spent the better part of the last year focused on the rollout of its current model, the Karma sports sedan. In addition, the carmaker garnered praise this summer for the hiring of its new CEO, Tony Posawatz, the former GM executive responsible for overseeing the Volt program.
Posawatz said recently that the company would announce production details for the Atlantic in December—including a timeline and manufacturing site. The company has also said that the original proposed Delaware site remains in consideration. “The intent and plan is to utilize that Delaware facility and build cars there in the future,” Posawatz said, as reported by Bloomberg.
The CEO also said his company resolved its DOE loan requirement issues and hopes to draw the remaining $359 million of the loan. The carmaker is currently exploring partnerships with other OEMs as it seeks to work toward an IPO stock offering down the line.
Fisker Automotive, the leading manufacturer of luxury Electric Vehicles with extended-range (EVer™), today announced that the company’s flagship Karma sedan already surpasses its 2025 fuel economy target under Corporate Average Fuel Economy (CAFE) standards – recently finalized by the National Highway Traffic Safety Administration (NHTSA).
“It’s a testament to the disruptive power of technology that a premium luxury sedan like the 2012 Fisker Karma beats its fuel economy target for 2025 – today,” said Fisker CEO Tony Posawatz. “We applaud NHTSA and the Environmental Protection Agency for their efforts to increase fuel economy and reduce greenhouse gas emissions. With the Karma, we have brought to market the technology that these regulations are designed to encourage, and we’re pointing the way for the rest of the industry.”
On August 28, NHTSA and EPA finalized fuel economy and greenhouse gas standards for model years 2017 through 2025. The rule sets an average fuel economy target for an automaker’s entire fleet of new vehicles, based on the footprint of each individual model in the fleet. For a vehicle of the Karma’s size, the fuel economy target for 2025 is 45.6 MPG. Current NHTSA methodology – notably different than the EPA label – assumes the Karma will drive half its miles on gasoline and half on electricity and takes into account the energy consumption of both, giving the Karma an equivalent fuel economy of 47.3 MPG.
“The Karma is way ahead of the curve, and we are pleased that these fuel economy standards demonstrate that,” said Henrik Fisker, Executive Chairman. “Regulations must make assumptions about how a car is driven on average, but the appeal of the Karma is that the driver can decide when to drive on electricity and when to drive on gas. The car’s performance in the real world is what matters most – and customer feedback so far suggests Karma owners are outperforming the assumptions behind the regulations.
On a recent conference call, Karma owners were asked to report their fuel economy. The results were impressive: the group of over 30 respondents averaged 150 MPG. One customer reported achieving 57 MPG for the previous 5,500 miles of driving, which included weekend trips of over 300 miles, while another averaged over 100 MPG with 5,000 miles on the odometer. One owner reported consuming only 20 gallons of gasoline over the last 3,500 miles – for an average of 175 MPG – and many others reported average fuel economies of well over 200 MPG.
“This is just a small sample of Karma owners, but they demonstrate what we’ve said all along – the Karma’s fuel economy performance depends on how you use it,” said Henrik Fisker. “The Karma’s technology puts the freedom in drivers’ hands. We’re thrilled to see from these early reports that Karma customers are relying predominantly on the electric range – plugging in at home and maximizing their zero emission driving – but not compromising on their driving habits.”
Fisker Santa Monica has always be honored to be the premier California dealer for Fisker Automotive, a car company that is committed to producing electric vehicles that deliver uncompromised responsible luxury. The company recently published its first business update and announced that revenues had exceeded $100 million in the first four months of 2012. That goes to show the strength and confidence that consumers have in the company and their product. Deliveries of a 1000 Fisker Karma luxury four-dour electric sedans began in December of 2011 to customers across North America and Europe.
Henrik Fisker, executive chairman of the company, said: “There is great confidence from the investment community, our customers and the media in what we have achieved in bringing such a beautiful and innovative car to the marketplace in record time.”
“Treading a new path in any industry is never easy, but we have set out to re-define and re-shape the way the world thinks about cars, and I am proud of what the Fisker team has achieved so far.”
Amidst the strength and growth in North America and Europe, there are plans to expand to the Middle East as Fisker signed an exclusive agreement with the Al-Futtaim Group, one of the Middle East’s most experienced distributors. Al-Futtaim and its network of retailers will enable Fisker to reach customers in the U.A.E., Saudi Arabia, Qatar, Oman, Bahrain, and Egypt.
Tom LaSorda, chief executive officer of Fisker Automotive, said: “We are encouraged by solid demand for the Karma, our unique extended-range luxury model. Pending completion of investment sourcing, we are poised to press ahead with further market expansion and development of our higher volume model, the Fisker Atlantic.”
Founded in 2007, in these short few years, Fisker Automotive has established itself as a key player in the automotive industry, redefining luxury for the modern sports car buyer. Success as demonstrated by sales and revenues continue to show consumer excitement and confidence. Fisker Santa Monica looks forward to the continued partnership with Fisker Automotive and is proud to be able to bring such a unique product as the Fisker Karma to our customers here in California and the surrounding area.
The Fisker Karma is one of the most exciting and technologically advanced cars to come around in a very long time. LAcarGUY is privileged to be one of the very select dealer groups chosen by Fisker to be a representative.
Now it’s time to take the next step and let everyone know about it. LAcarGUY and Fisker Santa Monica are the first Fisker dealership to advertise on TV. First the car was revolutionary, now we are taking that revolution to the airways.
Have a look at the ad below.
The second model in the Fisker lineup is set to debut at the New York International Auto Show next week. The Nina will bring the style of the Karma in a smaller package, and a smaller, more affordable price.
In recognition of this big debut, and knowing how anticipated it is, Fisker will be live streaming the event, and you are invited to watch! You do need to sign up to get access to the event, just click this link to take you to the form.
“We are incredibly excited to see the next model in the Fisker lineup,” said LAcarGUY CEO Mike Sullivan, “As a leader in design, technology and ecological stewardship, what Fisker is doing as a company, and with the Nina, shows why we are proud to have it as part of the LAcarGUY family of dealers.”
If you can’t wait to see what the Nina might look like, the team at Autoblog have some spy shots as the car was being brought into the show, you can have a look at those here.
Earlier this month, LAcarGUY proudly sponsored the 4th Annual Gold Standard Food & Wine Event that featured a diverse selection of LA’s best restaurants, hand picked by Pulitzer Prize winning food critic, Jonathan Gold.
The event was held at the Peterson Auto Museum, and as he is known for his unprecedented taste and appreciation of the varied and diverse cuisines in the area, Jonathan brought together some of his favorites. And the reviews are in! From the Huffington Post to LA Mag to local blogs like Chowhound, they all agree that the Gold Standard is the best food event in LA! On the hottest day of the year so far, 2000 attendees ate and drank their way through the best that LA has to offer.
LAcarGUY featured 4 cars at event: the revolutionary Fisker Karma, the exiting Subaru BRZ, the stunning 2013 Lexus GS 350, and the latest chapter in Porsche’s legendary Sports Car icon, the 2012 Porsche 911.
Check out the video below for a glimpse into the event and mark it on your calendar for next year to make sure you are a part of it!
When you are Justin Bieber, the world is truly your oyster, but when you have access to anything you want, what do you do for something special on your 18th birthday? It turns out The Beebs manager Scooter Braun had an idea.
While Braun has told Justin to always be humble, and not to get caught up in the flash of the Hollywood lifestyle, he did find something very special to give Justin for his 18th birthday.
Fisker Santa Monica provided two cars, one for Justin and one for his manager Scooter. The last three days have been spent transporting the cars from West Coast Customs for JB logo embedded in seats to the Ellen studio.
The car was a total surprise and was given to him on the Ellen show, watch the video below to see it all!
In the global car business, the forces of homogenization (fuel economy and crash tests, aerodynamics, limited supplier base, materials costs) are almost irresistible. And this is particularly so in the premium luxury segment. That’s right, BMW, Audi, Mercedes-Benz, Jaguar and Lexus have great full-size sedans and four-door coupes, but they are for the most part, interchangeable.
Let us introduce you to the world’s most interesting car. Every square inch of the Fisker Karma underscores clarity and design intent and vested individuality and a scorn for convention. Which is to say that the Karma is unlike any other car. This is a car so far outside the mainstream that it was clearly born out of a grand vision.
That grand vision, and the confidence to make it a reality, belongs to Henrik Fisher, ex-Ford and -BMW designer (Aston Martin D89, BMW Z8), who with former BMW executive Bernard Koehler started Fisker Automotive in Anaheim, California in 2007. Their thesis was simple: Money is easily bored and there are sufficient numbers of carbon-conscious high-end consumers to support a luxury-EV company.
So what makes the Karma so interesting? Where do we begin. How about the gearshift, comprised of a symmetrically reflecting dihedral group of acrylic switches in a pentagonal projection in the center console. You don’t see that every day. The EcoSport package uses veneer from rare hardwoods, salvaged from the bottom of Lake Michigan where they sank while being floated down from the logging camps a century ago. The leather is Bridge of Weir Low Carbon Leather, sourced from ranchers who observe the Five Freedoms of animal welfare. The Lucite panels (100% recycled, of course) in the doors and console have magnolia leaves embedded in them. These many textures provide something the luxury car market sorely lacks: cars with a definitive narrative. We tell stories about our cars because they tell stories about us.
To alert pedestrians of its presence, the Karma emits a ghostly, electronic thrum, almost a “Tron-like” sound, as engineers call it, that reverberates from loudspeakers concealed in the front and rear bumpers. The rear speakers are located behind chrome alloy diamonds where one would expect to find the exhaust pipes. So where are the exhaust pipes? The turbocharged 2.0-liter, 260 horsepower four cylinder engine/generator under the hood actually exhausts through small ports behind the front wheels.
In all electric Stealth mode–with a full charge, a range between 32 miles (according to EPA) and 50 miles (according to Fisker)–the Karma accelerates to 60 in 7.9 seconds on its leisurely way to a 95-mph top speed. Pull the left-hand paddle behind the steering wheel and the car goes in to Sport mode, bringing the output of the battery (20 kWh/180kW max discharge) and the generator (175 kWh) online to energize the two 201-hp electric motors in the rear. In Sport, the car hits 60 in 6.3 seconds which is a mere half second slower than the Porsche Panamera S Hybrid.
Overall, the Karma is a fascinating and compelling automobile, an arty dreadnought of a car that gets an honest 52 mpg-e (or better, says Fisker) and, for most drivers on most days, uses zero gas. Will the Karma save the planet? Maybe, may be not, but the world is definitely a more interesting place for it.