Filed under: EV/Plug-in, Hybrid, Fisker
Fisker Automotive has been quiet for the past two months since the announcement that the cars would be built in Finland by Valmet. As we know, mass producing cars is an enormously expensive proposition which means any company that wants to get into the business has to raise some serious cash. With that in mind Fisker has just completed its third major fundraising round. The biggest chunk of the new million investment is coming from the Qatar Investment Authority with extra funds coming from Kleiner Perkins and Palo Alto Investors. Fisker is still hoping to launch production of the Karma plug-in hybrid sports car in the fourth quarter of 2009. This marks the latest investment in green technologies by Middle Eastern investors. The conspiracy theorists will of course think these investors are just trying bury the technology – especially if Fisker fails to thrive (something that is likely regardless of who puts up the money). The more realistic analysis is simply diversification with the realization that getting rich from oil will eventually become impossible. The Fisker press release is after the jump.
[Source: Fisker]
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