Results for "fisker"

Fisker knowingly sold half-baked cars claims ex-employee

Fisker knowingly sold half-baked cars claims ex-employee

Electric car company Fisker can't catch a break lately; days after its Karma embarrassingly broke down before Consumer Reports could even begin testing it, a former employee has alleged Fisker knowingly pushed the Karma to market before it was fully baked so as to qualify for US government loans. The decision to begin releasing the Karma to market was made so as to improve Fisker's chances of securing the next stage of its Department of Energy finance, the ex-insider told GigaOm, payouts of which had already been frozen after the green car company failed to meet its agreed milestones.

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Fisker Karma breaks down in Consumer Reports testing

Fisker Karma breaks down in Consumer Reports testing

A Fisker Karma luxury hybrid, purchased brand-new for testing by Consumer Reports, embarrassingly broke down this week before official testing even began. Consumer Reports paid over $100,000 for the vehicle and was perplexed that it stopped working just a few days into the check-in process.

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Fisker funding frozen: Project Nina delayed

Fisker funding frozen: Project Nina delayed

Luxury eco car company Fisker has been forced to freeze work on its second vehicle, Project Nina, as well as make a total of 66 redundancies as government loans dry up. Fisker, which began delivering Karma plug-ins back in July 2011, faced renewed US government attention with its launch schedule delays, GigaOm reports, with the Department of Energy suspending a $528.7m loan agreed in 2009 back in May 2011.

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Fisker Karma Lux Hybrid Car Ships to Leonardo Di Caprio First, then Al Gore and Colin Powell

Fisker Karma Lux Hybrid Car Ships to Leonardo Di Caprio First, then Al Gore and Colin Powell

It's funny how a fantastic car such at the Fisker Karma, a luxury $100,000 USD hybrid car, won't get nearly the press it deserves until a celebrity buys one. Turns out several celebrities are about to get their hands on this massively excellent range-extended four-door performance car soon. The last time we mentioned this vehicle, Rue intuitively mentioned that Di Caprio might be a good mark for an early purchase - turns out she may be psychic.

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Fisker To Finally Start Production Of Luxury Hybrid Karma

Fisker To Finally Start Production Of Luxury Hybrid Karma

Green-promoting Hollywood celebs, such as Leonardo Di Caprio, can soon ditch their Priuses for the Karma. After several delays having to do with financing and logistics, the electric car startup company Fisker has finally confirmed production for the Karma, a luxury plug-in hybrid sports car. The Karma is set to start production on March 21st, and the target price tag for the vehicle should be $95,900.

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Virgin boss teases a Tesla challenger

Virgin boss teases a Tesla challenger

Is the next big battle in automotive going to be Musk vs Branson? Outspoken billionaire Richard Branson isn't exactly coy when it comes to teasing what he's working on, and it seems following Elon Musk into electric cars might be Virgin's next frontier. For the moment, Virgin's EV schemes center on the Virgin Racing team taking part in Formula E, the all-electric branch of Formula 1, but according to Branson that might not always be the case.

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Apple faces lawsuit over EV battery expert poaching

Apple faces lawsuit over EV battery expert poaching

Apple's electric car project may only have been grist for the rumor-mill for a week, but it's already landed the firm in legal hot water over alleged expert-poaching. Speculation about the so-called "Project Titan" underway at a secret facility near Apple's Cupertino headquarters has so-far centered on intermingling rumors of EV powertrains and self-driving technology. However, according to battery maker A123 Systems, some of the skills that are helping those projects came as a result of a targeted campaign by Apple to grab the firm's staff. Now, it's decided to take it to the courts.

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Tesla New Jersey ban response: “Gov. Christie has a bridge closure he wants to sell you”

Tesla New Jersey ban response: “Gov. Christie has a bridge closure he wants to sell you”

After facing a ban on Tesla sales direct to customers in the State of New Jersey this week, Tesla Motors Chairman of Product Architecture and CEO Elon Musk wrote a letter. This letter speaks up on the state of the industry, suggesting that it’s not for "consumer protection" that Tesla has been banned from selling cars in the state, but to promote a monopoly for the gas-dependent auto industry in place today.

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