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Posts Tagged ‘Fisker Automotive’

Electric Eye Candy

December 16th, 2009 admin 1 comment

A decade ago, Toyota showed us that transportation could be efficient but boring when they introduced the first generation Prius.  A few years ago, Tesla wowed the world (well, at least the automotive world – or rather, the green-sports-car-world) with its Roadster, showing that fast can be efficient and sexy all at once.  Then came Fisker‘s Karma.  And others…

Mercedes Benz SLS AMG

Mercedes Benz SLS AMG

At this point, high-end, electrified sports cars are popping up as frequently as Tiger Woods’ mistresses.  Two recently caught my eye.  (Cars, not mistresses…)  The first is the Mercedes Benz SLS AMG.  Now, the SLS isn’t a built-from-scratch EV supercar.  This homage to the classic 300SL comes with a 6.2-liter, 563 hp V8 providing the motivation for sub-4-second acceleration to 60 mph.  But, Daimler’s Chairman of the Board Dieter Zetsche says “As of 2013, it will be available with an electric-only driveline.”  Unfortunately, details are sparse.  But given the gasoline version will probably cost around $200,000, there’s plenty of financial opportunity to install a very capable electron-based drivetrain in a couple years.

The other car that caught my attention is a new car (the Motion) from a new car company (Kepler Motors, presumably named for German mathematician Johannes Kepler, for a reason I don’t know, although I did once visit Tübingen, Germany – the town of Kepler’s alma mater – and had some really good spätzle).  The Motion – a parallel through-the-road hybrid – utilizes Ford‘s new EcoBoost engine (which I described here), tuned to 550 hp and attached to the rear wheels, while a 250 hp electric motor provides motive force at the front end, adding up to new levels of ridiculosity.  It’s good-looking, exclusive, and undoubtedly fast, but I keep thinking:  All these new companies keep showing us what they can do with electrified drivetrains – now, show us what you can do with a $20k – $40k price point.

You Lie!

October 6th, 2009 admin Comments off

This is not a political blog.

24

TWENTY-FOUR.  That’s the number of misleading statements (most of which are outright lies) that I just counted in this 9-and-a-half-minute video showing two Fox News segments about the DOE loans given to Tesla Motors and Fisker Automotive through the Advanced Technology Vehicles Manufacturing Loan program, authorized by the 2007 Energy Independence and Security Act.  The myth perpetuated by the Fox folks (and a WSJ columnist) is that these loans are going to European companies, creating jobs overseas, to build ultra-expensive cars that nobody can afford, all because of Al Gore’s influence over the DOE.

As pointed out in this Autobloggreen post, Fisker is not a Finnish company – they’re based in Irvine, California.  The Karma’s body construction is contracted out to Valmet, a Finnish company that also builds Boxsters for Porsche.  As Fisker points out, 65% of the Karma (by cost) is built in the United States.  Similarly, Tesla Motors is not a British company, but is based in San Carlos, California.  Lotus builds the bodies for their Tesla Roadster in the UK, but again the majority of the car (not to mention the R&D efforts) come from the U.S.  And while the Fisker Karma and Tesla Roadster are indeed more expensive than the Camry in your garage, they are first-generation high-performance electric vehicles.  (The first computers were also outrageously expensive.  So were CD players.  And video cameras.  And DVD players.  And any other new technology that makes its way downmarket.)

The DOE loans are intended to increase the pace of technological development and volume manufacturing at these companies, and help bring the technology into the mainstream more quickly. Tesla’s Model S and Fisker’s NINA will arrive sooner than they otherwise would have, and they will be built here in the U.S. because of these loans.  And what role did Al Gore play in all of this?  None.  He (along with about 43 other individuals) is a partner at Kleiner Perkins, one of the financial backers behind Fisker, and a host of other companies.

Describing Fisker as “an Al Gore-backed company from Finland” isn’t only a stretch – it’s a blatant lie.

The Public Option, Good Karma, and the Mainstream

September 23rd, 2009 admin Comments off

If you’re keeping up with the goings-on in the alternative vehicle world these days, you might be as optimistic as I am.  As the economy starts to emerge from the sewer of the past year, indications are that momentum behind electrified vehicles is starting to increase – especially that of the financial variety.

a123-logoThe Public Option OK, so healthcare has taken center-stage for a number of weeks now, but that’s not what this is about.  I’m talking about the Initial Public Offering of shares of Li-ion battery maker A123 System’s common stock.  Without doing any rigorous financial analysis, I’m excited about the IPO.  A123 is a good company with an appropriate battery chemistry and some degree of demonstrating that it can mass produce battery cells at high volume.  Their acquisition of Hymotion gives them a test-bed and demonstration platform for using their battery technology in automotive applications.  They’ve received grants from both the federal and Michigan state governments.  Plus, they have a nice website.  The fact that the IPO was estimated to be priced at $8.75/share just a couple of weeks ago, and is now likely to be more in the $10 – $11.50 range, illustrates the excitement behind this IPO.  (This, in a time when folks are still reluctant to let go of their cash.)  We’ll know today or tomorrow what the price is, and it’ll be fun to watch what happens going forward.

fisker logoGood Karma It was announced this week that Fisker Automotive, maker of the Karma high-end PHEV, has joined the ranks of Ford, Nissan, and Tesla Motors and received federal loans from the DOE’s Advanced Technology Vehicle Manufacturing program, to the tune of $528-million (slightly more than the amount awarded to Tesla).  These funds will be used to complete the development of the Karma, as well as a second previously unknown model codenamed Project NINA, targeting the more mainstream lower-cost market.  Hopefully, private money will follow public, for Fisker and for the other companies receiving DOE grants and loans.

The Mainstream I hereby declare that electric vehicles have become mainstream!  The proof is that Stephen Colbert’s guest on the Colbert Report last night was Shai Agassi, the technologically brilliant and business savvy founder and CEO of Better Place, the company planning to deploy massive electric vehicle charging and battery-swap infrastructure.  Some might say Better Place’s task is more daunting than that of the automakers.  They have certainly received, and will continue to receive, a lot of attention from the industry.  But now Shai is visiting Stephen Colbert?!  What next – will Elon Musk appear on Letterman?!…

Tesla v. Fisker

July 25th, 2009 admin 1 comment
Fisker Karma Front

Fisker Karma

Fisker Karma

No, this isn’t another post about the legal battles between Tesla and Henrik Fisker, who had a shot at designing Tesla’s all-electric sedan before starting a car company on his own.  (You can find those on countless other websites.)  This is my subjective opinion, a comparison of the Tesla Model S and the Fisker Karma – two high-end, electrified automobiles intended to excite the car-guy as much as the environmentalist.  These two vehicles will be natural competitors once they’re available in 2010/2011.

Let’s start with the Karma, since Fisker intends to start delivering it in mid-2010, about a year and a half ahead of Tesla’s Model S.  The Karma is a plug-in hybrid of the serial variety (meaning its gasoline-powered GM-sourced 4-cylinder engine merely serves to recharge its lithium-ion battery once its electric range of 50 miles has been reached).  Fisker promises acceleration to 60 mph in under 6 seconds, and a top speed of 125 mph.  While the top-speed is slow compared to most sports cars, it’s well above any legal speed here in the U.S., and is a limitation of the electric drivetrain when used with a transmission with a single forward gear.  And while the acceleration is on par with other sports sedans, the Karma doesn’t look like other sports sedans.  It looks exotic, in the vein of Aston Martin or Maserati.  Only something’s not quite right.  It’s hood is a little too long (think Jaguar E-type, only not beautiful).  It looks like it’s wearing braces.  The diamond shaped reverse-lights mimic the diamond shaped vents in the front fascia, and neither is stylistically correct.  And My God, have you seen that interior?  …The Karma wants to be an Aston Martin V8 Vantage – a stunning automobile also designed by Henrik Fisker.  But it comes across as a not-quite-final sketch that should have ended up in the wastebasket.  In any case, it can be yours for just shy of $90,000 (excluding federal tax credits).  We’ll finally get to see one in motion in mid-August.

Tesla Model S

Tesla Model S

Now on to the Tesla Model S.  I have to admit, I was blown away when the Model S was revealed in mid-March.  Like Tesla’s Roadster, the Model S is motivated by an all-electric powertrain, going 0-60 mph in 5.6 seconds with a top-speed of 120 mph – specs which are almost identical to the Karma’s.  The base version will cost just shy of $60,000 (exluding tax credits) and have a 160-mile range (with optional upgrades to 230 or 300 miles).  The lack of an internal combustion engine allows for more space for occupants as well – the Model S claims it can carry 5 adults PLUS two children.  And it looks good.  Damn good.  It’s not quite as exotic as the Karma; instead, it looks like something you might see on the street.  It looks like what the Porsche Panamera should’ve looked like.  It aims to compete with the BMW 5-series, or perhaps the Mercedes S-class, or maybe the Panamera.  And it does it well.  It’s Achilles-heel is the fact that production likely won’t begin until the end of 2011 (despite the fact that we’ve already seen the prototype going out for a test drive).  And for more Model S design eye-candy, check out this video.

I wish both Fisker and Tesla immense success.  But if I had $90k burning a hole in my pocket, I believe I’d wait the extra 18 months and drive home in a Model S (with the 300-mile battery-pack, thank you).