2012 Fisker Karma Eco Standard Sedan * Only 6,604 Miles * 403hp Hybrid on 2040-cars

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Fisker, Quantum pairing up to relaunch Karma PHEV

The upcoming relaunched Fisker Karma will look a lot like the old one. Turns out, the brains of the car will share a lot with the old Karma as well. Fisker (and its new owner, Wanxiang) and Quantum Technologies have announced a deal worth over $5 million. Quantum is going to license its plug-in hybrid control software to Fisker in exchange for $2 million this month and another $2 million a year from now. The first payment will be used to get the software into the relaunched Karma and the next payment is for "Fisker Auto Group's planned Atlantic vehicle line." Fisker has the option to pay more by October 27, 2016 to "acquire joint-ownership of the hybrid control software for the Karma, Atlantic and future platforms." There's another part of the deal worth "approximately $1.35 million" for software development services over the coming year. If this all has a somewhat familiar ring to you, you might be thinking about the $10.2 million that Fisker gave Quantum five years ago to develop the PHEV powertrain when it was still called the "Q-Drive plug-in hybrid system." The fact that we're talking about a relaunch now tells us something about how that all turned out. Maybe it'll be better this time, if those 250 bugs get squashed. Quantum Technologies Enters into License Agreement with Fisker Automotive and Technologies Group LLC to provide Plug-In Hybrid Control Software to Support Re-Launch of the Fisker Karma Vehicle - Control Software Agreement to provide Quantum with more than $5.0 million over the coming year - Control software license to cover Fisker Karma and Atlantic series with option for joint-ownership for these and other future platforms LAKE FOREST, Calif., Nov. 3, 2014 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. ("Quantum") (NASDAQ: QTWW), a global leader in natural gas storage systems, integration, and vehicle system technologies, today announced it has entered into an agreement with Fisker Automotive and Technologies Group LLC ("Fisker Auto Group") pursuant to which Quantum will license its plug-in hybrid control software to Fisker Auto Group and, in return, will receive an initial payment of $2.0 million on or before November 27, 2014, and a second payment of $2.0 million on or before October 27, 2015.

5 new electric car companies coming in 2023 and beyond

It’s an exciting time in the automotive world as the industry shifts to electric vehicles at a rapid pace. With the changes, there are opportunities for new automakers to get traction and join the EV frenzy. Tesla did it over a decade ago, and now, a handful of well-funded startups hope to take on legacy automakers with new and innovative EV models. To help you make sense of the market, weÂ’ve outlined some more promising EV upstarts that weÂ’ll see in the next couple of years. LetÂ’s get rolling with our list of new EV automakers weÂ’ll see soon. VinFast VinFast is a Vietnamese automaker with headquarters in Singapore. ItÂ’s the first brand from the company to sell in other countries. The company says it will open dozens of dealerships in the U.S. by the end of 2022, though all will be in California. Two models will be available when the automaker launches in the U.S.: VF 8 and VF 9. VinFast will offer a unique battery subscription service that separates the cost of the vehicle and the battery. Read more: How Vietnam's VinFast wants to reach America's EV mainstream Read more: VinFast plans competitive pricing* to win over U.S. EV market (batteries not included)   Fisker Henrik Fisker, the guy who designed the BMW Z8 and Aston Martin DB9, didnÂ’t have the best luck with his first self-named automotive company in the 2000s. The Fisker Karma he created during that time lived on as the Karma Revero and now the Karma GS-6, but the original Fisker Automotive is long defunct. The auto design genius is back with another company bearing his name, though this time itÂ’s sleek electric vehicles heÂ’s designing, not futuristic plug-in executive sedans. The Fisker Ocean will be first out of the gate and is expected to start production in late 2022, and it's expected to be followed by the low-cost and unique Fisker Pear. Read more: All our coverage of the Fisker brand   Canoo CanooÂ’s vehicles look as funky as its name sounds, but that uniqueness has made the company hard to forget. That said, Canoo has had its share of management disputes and challenges getting products off the ground. The automaker plans to release a van, a pickup truck, and a boxy delivery van that looks like itÂ’s made from Legos. CanooÂ’s van and truck feature a unique cab-over design that places the driver and front passenger over the front axle rather than behind it. The look is similar to old-school semi-trucks and school buses and is unlike anything else on the road.

Fisker Ocean takes to L.A. Auto Show

Fisker has brought the new Ocean EV to the L.A. Auto Show, with a public preview at Manhattan Beach and a presence at the show itself. You can watch the public show reveal above, and see more shots from the show floor below. Fisker says the Ocean will start at $37,499 before incentives. That entry model would be the Sport trim with a single, 275-horsepower motor driving the front wheels and 250 miles of estimated range. It also has a 0-60 time of 6.9 seconds. Moving up to the Ultra version at $49,999 gets dual-motor all-wheel drive, 540 hp, 340 miles of range and a 0-60 time of 3.9 seconds. The $68,999 Extreme trim gets AWD, 550 hp, 350+ miles of driving range and a 3.6-second 0-60 sprint. Fisker Ocean View 5 Photos Fisker also touted the previously announced lease program where customers can choose the length of the lease with a monthly price as low as $379 a month. The lease fleet would be in service for twelve years before being completely recycled by Fisker. The electric ute will feature eco-friendly materials (recycled fishing nets and T-shirts, for instance), a solar roof that can open in a "California Mode," a multi-link rear suspension to help bolster its sporting chops and an aerodynamic system that aims to balance minimizing drag with optimized cooling. We've also already seen a 'Force E' package that would turn the Ocean into a more rugged off-roader for interested fleets.   > More L.A. Auto Show coverage   Today, Fisker also showed the Ocean's rotating infotainment screen, which can be oriented in portrait or landscape mode. At a sneak preview near the company HQ in Manhattan Beach, Henrik Fisker said the company logo is inspired by an ocean sunset. "That's where the orange and blue come from," he said, "with the two vertical lines symbolizing thee designer's pencil and the engineer's ruler — the tools of our trade. My inspiration for the logo happened on a day very much like this one." The new affordable EV crossover is scheduled to begin production a year from today at Magna-Steyr's Graz, Austria factory, though Henrik Fisker said the company is moving fast and could possibly deliver units before then. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.