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Quantum Could Supply Q-Drive Components for the Fisker Karma

Quantum Fuel Systems Technologies Worldwide (QTWW) announced that it has entered into a letter of intent with Fisker Automotive for the exclusive supply of Q-Drive Plug-In Hybrid components and control systems for the Fisker Karma Program. Quantum would also receive a 'royalty payment' on each Karma sold that incorporates Quantum's Q-Drive.

"We are gearing up for the Karma production phase and are excited about bringing our innovative Q-Drive PHEV control systems to market. Fisker has announced that production will begin as early as the 3rd calendar quarter of this year,"
Alan P. Niedzwiecki, the President and CEO of Quantum, said in a release.

The definitive supply agreement, once finalized, is subject to approval by the Department of Energy. However, the agreement will also give Quantum the opportunity to supply components and systems for future Fisker Automotive vehicle programs, if it meets the carmaker’s performance, cost and delivery requirements.

“Benefits of Quantum's drive system include optimized fuel efficiency and superior performance, unchanged gas station infrastructure, and convenient battery recharging with any 110-volt outlet, 220/240-volt fast-charging, or using Quantum's solar energy powered re-charging station,”
a statement from QTWW reads.

According to Quantum, its Q-Drive system will enable optimizing the performance and vehicle dynamics for the Fisker Karma. The company is currently making efforts to complete the development, testing, and validation of the integrated Q-Drive system to meet all automotive industry, safety, and emissions standards, which are necessary to put the Fisker high-performance luxury sedan into the hands of consumers.
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