Green Car Advisor

Fisker

August 11, 2008

Business Is Brisk at Nation's First Rental Car Company That Loans Only Hybrids

eqocar900.jpgWith established rent-a-car companies reporting that they are having trouble meeting customer demand for fuel-efficient vehicles, a Southern California company has begun renting nothing but hybrid vehicles.

Business has been brisk at Eqocar in Burbank since it opened its doors three months ago, General Manager Nick Hamed told Green Car Advisor today. Hamed said Eqocar, which rents only hybrid vehicles, is in talks to open four more rental-car centers, all in California.

Eventually, the company would like to expand nationwide, Hamed said.

Eqocar has a fleet of 45 hybrids, which include the Toyota Prius, Camry and Highlander hybrids,  Ford Escape Hybrid, Lexus LS600h L, GMC Yukon and Chevrolet Tahoe hybrids, and the Nissan Altima hybrid. Daily rates range from $59 for the Prius to $650 for the LS600h L.

There are plans to add the extended-range plug-in electric Chevrolet Volt, hybrid versions of the Smart Fortwo, Chrysler Aspen, Cadillac Escalade, and Porsche Cayenne and Panamera, as well as the Tesla and Fisker plug-in sports cars and the bubbled-faced three-wheel Aptera to the rental fleet, Hamed said.

The Aptera is reminiscent of vehicles appearing in The Jetsons, a futuristic cartoon series produced during 1962 and '63.

Scott Doggett, Contributor

 
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July 22, 2008

Japan Inc. Reportedly Working on Uniform Lithium-Ion Battery Standard

batteries.jpg

Lithium Ion battery packs being tested in U.S. at Argonne National Laboratory. 

We don't think this is one of those signs and portents that mark the impending end of the world, but it does seem a near miracle: Several Japanese automakers, battery developers and power companies reportedly have agreed to work together to establish a global standard for lithium-ion batteries.

If you can remember back to the late 1990s and early 2000s and the days of the EV1, Nissan Altra, Toyota RAV4 EV and other first-generation electric vehicles built in extremely limited numbers to meet California's then-new Zero Emissions Vehicles mandate, you'll also remember that there were several types of batteries in use and two competing charging systems required.

That added more complexity and cost to an already complex and costly new-vehicle development program and helped hasten the demise of hopes for a vast fleet of readily available, affordable and easy-to-charge EVs.

A global standard, which means - among other things - that  all battery systems would be designed to use the use the same recharging system, is one of the things needed if there is to be any chance of bringing back the battery-electric vehicle in a meaningful way.

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July 17, 2008

First International Plug-In Hybrid Convention to Be Held in California July 21-24

PlugInConventionLogo.jpgThe first-ever international conference dedicated exclusively to plug-in electric hybrid technology will be held in California's Silicon Valley next week.

"Plug-In 2008: A Short Drive to Tomorrow" takes place July 21-24 in San Jose. The event is open to anyone and on-site registration is available.

Admission isn't cheap, with full access to the conference starting at $250 for students with ID, but everyone who's anyone in the PHEV world will be there. Among the attendees:

  • Senior representatives from the automakers, high-tech component manufacturers, electric utilities, state and federal government.
  • Exhibitors who will showcase the latest innovations associated with PHEVs and supporting electricity infrastructure.
  • Scientists who will share current technical research on PHEVs in areas including batteries, powertrains and vehicle to home technology.
  • Analysts who will discuss the business case for PHEVs, including potential adoption scenarios, customer segments and profit potential.
  • Policymakers who will explain how regulations impact PHEVs and the electricity grid, and how future rules may accelerate PHEV adoption.
  • Clean-tech entrepreneurs who will outline their ideas to expand the PHEV market with new technologies for vehicles and communication systems.

For more, check out the agenda.

 
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July 15, 2008

Valmet Automotive Announces Letter of Intent to Build Fisker Karma in Finland

Fisker&Karma750.jpgAt right, Henrik Fisker and his Karma.

By Scott Doggett, Contributor

California-based Fisker Automotive has signed a letter of intent with Valmet Automotive to assemble the Karma plug-in gas-electric hybrid sports car in Finland beginning next year, Valmet announced today.

Under the agreement, Valmet will start production of the Fisker Karma -- the first production car of the Irvine, Calif., company -- in the fourth quarter of 2009, with delivery to North America the same year and to Europe in 2010.

The value of the deal was not disclosed. Valmet currently produces Porsche Boxster and Cayman models and has produced vehicles for Saab, Renault, Lada, Talbot and Opel.

Privately held Fisker said it plans to produce up to 15,000 cars a year at the Uusikaupunki plant, which employs about 800 staff and is located 150 miles northwest of Helsinki.

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June 13, 2008

Tesla-Fisker Dispute Headed for Arbitration



Ya gotta read the fine print.

That's the message a judge sent Tesla Motors Co. this week when he agreed with Fisker Automotive that the dispute between the electric-car companies should be decided in arbitration.

Tesla sued
Fisker Automotive, CEO Henrik Fisker, a related design business and another executive April 14 in San Mateo Superior Court, alleging theft of trade secrets and poor design work – allegations Fisker denied two weeks later...

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May 27, 2008

Tax Credits Would Insulate Volt From Sticker Shock

When General Motors unveiled its Volt plug-in hybrid (or extended range electric) vehicle concept last year, GM Vice Chairman Bob Lutz said the carmaker hoped to bring it to market as a $30,000 car.

Then the inevitable price escalation began as GM came to grips with battery development costs and rising commodity prices for little things like the steel needed to build a car. At one point, the potential price being tossed about was upward of $50,000.

Now word comes that GM is talking $40,000 without federal tax credits.

But with alternative vehicle tax credits, which the General is lobbying for right now, the cost could wind up closer to $30,000.

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May 21, 2008

Hybrid Cars, Fuel Cell Cars, Green Cars Galore

It's turning into a banner year for hybrid and other green car news.

After all the Honda hoopla this morning, word leaks out that Toyota will debut the next-generation Prius, expected to be longer, lower and more powerful, but not radically different-looking, at the 2009 Detroit Auto Show with a sales launch slated for later in the year.

If that's not enough, Toyota's luxury marque, Lexus, is believed to be considering two new hybrids of its own, one of them a premium-priced version of that new Prius, the other a midsize crossover utility vehicle.

Edmunds.com's Inside Line has the details.

We think its great news -- although our aching keyboarding fingers wish it had been spaced out a bit.

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May 14, 2008

Fisker Seeks Arbitration to Settle Trade Secrets Suit

We don't intend to make a habit of writing about every twist and turn in the Tesla vs. Fisker trade secrets lawsuit, but because of the high level of interest in both of the electric car companies thought we ought to let you know that Fisker is seeking to toss the whole thing into arbitration.

That would take the case out of the courtroom, limit public access and likely result in a sealed settlement. It also could save both sides considerable time and, possibly, money.

Tesla would not comment when contacted today.

Southern California-based Fisker Automotive filed its arbitration request Tuesday in a Northern California court, near Tesla Motors Co. headquarters.

A court hearing has been scheduled for June 11.

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Fisker claims Promising Early Test Results for Karma


A lightly "disguised" Karma on the test track, in photo provided by the company.

Prototype models of the Fisker Karma plug-in hybrid have exceeded performance expectations in early testing, the companies behind the car said Tuesday.

Fisker Automotive and Quantum Technologies, both located in Irvine, Calif., said that three Karma prototypes have been built and are undergoing electric-powertrain testing at an undisclosed Southern California track that appears to be a leased test site at the former El Toro Marine Corps Air Station.

"The vehicle dynamics and fuel economy have performed better than expected and we remain on target for our fourth quarter 2009 initial delivery," Henrik Fisker, CEO of Fisker Automotive, said in a prepared statement.

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May 1, 2008

A New Gorilla in Plug-in Market? Magna Enters Race


Plug-in hybrids are seen by many, including Magna, as the next great  frontier.

By
John O'Dell, Senior Editor

Another entry in the plug-in hybrid race, this time from a competitor with really powerful potential.

Magna International, the top-tier Canadian auto parts maker, says it will roll out a plug-in car late next year or in 2010.

So as not to foul relationships with the major automakers that it already supplies with scores of parts, Magna says it won't sell a competing plug-in but will sell them the bits and pieces needed to make their own.

In markets where its customers don't sell cars, though, Magna intends to field a complete plug-in under its own brand.

The company, which reported $26.1 billion in sales and a $663 million net profit last year, is serious about becoming a car maker.

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April 25, 2008

California University, Utilities Hosting International Plug-In Hybrid Conference in July

Ford is among the companies working on plug-in gas-electric hybrids.

In a bid to promote plug-in hybrid development, the University of California's Davis campus is cosponsoring what it calls the world's first international conference on plug-in hybrid electric vehicles.

The confab, to be held July 22-24 in San Jose, California, appears to be in response to California's recent endorsement of plug-in technology in the revision of its controversial Zero Emission Vehicles (ZEV) Mandate.

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Fisker Denies Tesla Allegations of Stealing Secrets

He waited almost two weeks, but Fisker Automotive's Henrik Fisker finally has responded to a lawsuit by electric roadster maker Tesla Motors that accuses him of stealing company secrets.

Didn't do it, he says in a press release issued this morning. Specifically, he called the Tesla suit "nonsense."

We said when Tesla filed its suits last week that it looked like the opening of a new era as formerly cooperative EV developers finally see a market opportunity and begin battling one another for a piece of the pie.

That's born out in Fisker's response to the suit, which doesn't open with the denial but instead with the statement that his company "is on track for delivery of the Fisker Karma" in the fourth quarter of next year.

Only after getting in that little bit of marketing news did Fisker acknowledge and respond to Tesla's suit.

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April 15, 2008

Plug In War: Tesla Sues Fisker Over Alleged Idea Theft

Henrik Fisker, showing concept car to prospective investors earlier this year.

By Scott Doggett, Contributor

The once-collegial world of alternative-fuel automobiles seems to be entering a new and highly competitive phase as interest in hybrids and electric vehicles grows.

The latest sign that the era of cooperation is ending came Monday as Tesla Motors, maker of the only highway-capable production electric car for sale in the United States, filed a lawsuit against competitor Fisker Automotive, its chief executive, Henrik Fisker,  its chief operating officer, Bernhard Koehler, and their design company, Fisker Coachbuild, for allegedly stealing some of Tesla's design ideas and trade secrets.

A spokesman for Fisker Automotive said today that the company had "no comment at this time."

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April 8, 2008

Fisker Signs European Distributor for Exotic Plug-In

Fisker Karma plug-in hybrid created stir at its Detroit Auto Show debut.

Fledgling hybrid carmaker Fisker Automotive said it has signed its first European distributor and reiterated plans to begin delivering production models of its exotic, $80,000 Fisker Karma plug-in hybrid sport coupe by the end of next year.

Southern California-based Fisker intends to build about 15,000 cars annually and anticipated that more than half its sales will be in overseas markets where company chief executive Henrik Fisker, a longtime top designer with BMW and Aston Martin, is a well-known automotive industry figure.

Fisker retail development director Vic Doolan, former president of the North American operations of both BMW and Volvo Cars, said the company is talking to potential North American dealers in more than 40 market regions...

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February 19, 2008

Quantum Gets $14.5 Million Contract for Fisker System; Funds to Drive Development of Plug-In Hybrid

In a deal aimed at bringing Fisker Automotive's exotic plug-in hybrid concept to reality, the fledgling automaker has granted joint venture partner Quantum Fuel Systems Technologies Worldwide a $14.5 million program to further develop Quantum’s proprietary Q-Drive hybrid system.

The contract, announced today by Quantum, is intended to ready the Q-Drive plug-in system for the Fisker Karma four-door sport sedan production model.  The concept was unveiled last month at the Detroit auto show.

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February 13, 2008

Fisker Now Talking Topless Plug-In

Designer Henrik Fisker and his no longer secret plug-in hybrid convertible. 

Just a month after unveiling the curvaceous Fisker Karma plug-in hybrid concept that rocked the Detroit Auto Show, auto designer-car maker Henrik Fisker is showing around a convertible based on the same platform and hybrid-electric powertrain.

Fisker, chief executive of the eponymous Fisker Automotive in Irvine, Calif., showed a rendering of the unnamed convertible at a recent J.D.Power industry roundtable in San Francisco.

He tells Green Car Advisor that the photo (above) now making the rounds of automotive websites wasn't supposed to have been taken and doesn't represent what the convertible will actually look like.

"This was a meeting for some new car dealers and nobody was supposed to take any pictures," Fisker said. "but someone did…It's not anything like the way the car will finally look. It was just a preliminary concept drawing."

Still, it does show, and Fisker confirms, that he intends to have a convertible that future dealers can show next to the Karma sedan.  There's also likely to be a coupe, if the business really does get off the ground.

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February 7, 2008

Even For Green Cars Looks Are Critical, Says Designer

Fisker Karma plug-In hybrid concept drew crowds at Detroit Auto Show.

By Scott Doggett, Contributor

Wannabe green-car makers can compete with the big boys like never before, but success – for start ups and established automakers alike -- depends on alternative vehicles that not only are more eco-friendly than gas rides, but are more appealing in other ways, says Henrik Fisker, chairman of Fisker Automotive.

It's not enough that the vehicles of tomorrow be easier on the environment than today's vehicles, but they must be "so desirable and so exciting that people simply go out and buy them," Fisker told a full house Wednesday during a sustainability summit at the Art Center College of Design in Pasadena, Calif.

The former top BMW and Aston Martin designer said  his own experience with a plan for a new plug-in hybrid called the  Karma has proved to him that there's a market for upscale eco-friendly cars and a lot of investors willing to back their production.

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January 14, 2008

Detroit Show: Fisker's $80,000 Good Karma

Fisker Karma sports slinky body and powerful plug-in hybrid system.

Ferrari's ethanol 430 Spider made a splash, as did Audi's concept of stuffing its race-winning V12 diesel engine into the R8 supercar. But for our money the eco-friendly exotic that wins the green trophy at this year's North American International Auto show is the "eco-chic" Karma from Fisker Automotive.

The sexy four-seat, four-door coupe unveiled at the show this afternoon is a plug-in gas-electric hybrid that company president Henrik Fisker, a former top BMW and Aston Martin designer, says will top out at 125 miles per hour, hit 60 in under 6 seconds, and deliver up to 50 miles of all-electric travel at highway speeds on an overnight charging of its hefty lithium-ion battery pack.

That makes the Karma a heck of a lot greener than the cars from Ingolstadt and Maranello, and its starting price of $80,000 makes it a heck of a lot cheaper.

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January 13, 2008

Detroit Auto Show: The Green Guide

Fisker Automotive's exotic plug-in hybrid is one of the show's green offerings.

It's Sunday, kickoff day for the press preview of the North American International Auto Show and we're here in Detroit, struggling to get an overcoat on before heading out to chip the ice off the windshield and cursing  the wife for her cheerful telephone reminder that it's supposed to be 80-degrees at home today.

Used to be that heading for this show supercharged the brain's anticipatory centers, but this year it seems a bit ho-hum.

There' still good stuff, especially on the green car front, but several industry insiders have suggested in recent weeks as we pondered the show schedule together that the newly rejuvenated Los Angeles Auto Show, which now takes place in November instead of just days before Detroit, has stolen some of the thunder.

Or maybe it's the economy – the U.S. auto industry hasn't been all that healthy of late.

Whatever the reason, while there's enough here this year to make it worthwhile attending, there's not enough to get the salivary glands working overtime.

On the green front, much of what we'll be seeing is concept, not stuff that will hit the road this year.

We are expecting some announcements from Toyota about its hybrid and fuel economy strategies, and from the American Le Mans Racing series about further adoption of green technologies and fuels for racing. General Motors is expected to have something to say about its drive to make ethanol a bigger part of the U.S. fuel supply base.

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January 7, 2008

Panamera Hybrid To Enter a Growing Luxe Market

Egads! First there were only the econobox models: Honda's two-seat Insight and the first-generation Toyota Prius. Now there are more than half-a-dozen hybrid sedans and SUVs and more coming.

Even the luxury market is becoming crowded, giving dual meaning to the term "green car."

Toyota's Lexus brand kicked off the luxe hybrid segment with its Lexus RX 400h crossover SUV...

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