Fisker to Resume Production Only After A123 Sale Completes

Fisker Karma 1 photo
Photo: Fisker
Green automaker Fisker was forced to stop production of its range-extender hybrid Karma, following the bankruptcy of their sole supplier of battery packs, A123 Systems Inc., and now that the company has been sold off to the Chinese, production was expected to be resumed.
However, they still have to wait for the final details of the deal to be cleared up, before they can restart production of the Karma, at the Valmet factory, in Finland. The deal still has to be approved by the Committee on Foreign Investment.

Roger Ormisher, Fisker spokesman was quoted as saying: "We plan to wait until Wanxiang takes full control of A123, then we will get in contact with them to negotiate a contract.” He added that they still “have a sufficient supply of cars," and that they “are not looking for a new battery supplier."

Still, Fisker officials are still hard at work trying to set up a strategic partnership with a major mainstream automaker, in order to share their range-extender hybrid technology, as well as gain more advanced knowledge of manufacturing and building cars, as the quality of the fit and finish they currently offer is average at best. They are also building a new technical center, in Michigan.

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