2023 Fisker Ocean One on 2040-cars

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Karma's new China plant will revive Fisker Atlantic

Karma Automotive, the successor to high-end extended-range plug-in vehicle maker Fisker Automotive, is planning a factory in China that will make as many as 50,000 vehicles a year. The company is owned by China-based Wanxiang Group and has also reached agreements for 10 North American dealerships. Most impressively, there appear to be plans to revive the two-door "Atlantic" model that was planned by Fisker but never saw the light of day. Wanxiang Group will invest $375 million to build the factory in Hangzhou, Bloomberg News reports. No completion date has been set by Wanxiang, which Bloomberg said last year was China's biggest corporate investor in US real estate. Wanxiang acquired the former Fisker out of bankruptcy in 2014 for about $149 million, and renamed the company Karma. The four-door vehicle model that was previously known as the Karma will be relaunched as the Revero later this year. Karma Automotive also has a 550,000-square-foot factory in Moreno Valley, California, near Los Angeles. The wrinkle to the new factory, though, is that most of the cars produced there will be the two-door Atlantic. That model was unveiled in 2012, but Fisker never made good on its plans to start selling it to the public, and went bankrupt the following year. Karma said Monday that it reached agreements to relaunch its automobile line with 10 dealerships throughout North America, where it will sell the four-door Revero. The North American markets will be Atlanta, Chicago, Ft. Worth, Miami, Palm Beach, Los Angeles, Philadelphia, Detroit, Montreal, and Toronto. Karma is also planning to build an Orange County Brand Experience Center in Southern California, but it didn't reveal further details about that facility. Related Video: Featured Gallery Fisker Atlantic: New York 2012 News Source: Bloomberg News, Karma Automotive Green Plants/Manufacturing Fisker wanxiang atlantic fisker atlantic extended-range plug-in karma karma automotive

Recharge Wrap-up: Fisker owner Wanxiang owns a lot of US real estate, carmakers gaming EU emissions system

Wanxiang Group says it might now be China's largest corporate investor in American real estate. The owner of both Fisker Automotive and battery company A123 Systems, and parts supplier to Mazda and Chrysler, Wanxiang has invested in over 60 projects in the US since 2010. Returns on those investments have been "very, very, very" high, according to Wanxiang America President Pin Ni. "We can invest in clean energy, auto, real estate or anything, but the key is pegging it well to the economic cycle," says Ni. Read more at Bloomberg. Cars sold in 2014 in Europe are exceeding 2015 targets for emissions, but not necessarily for the right reasons. The cars produce 2.6 percent (or 123.4 g/km) less CO2 than cars sold in 2013, which is nearly 7 g/km less than 2015 targets. Unfortunately, these results are influenced in part by manufacturers taking advantage of flaws in the EU testing procedures for better results. Real-world fuel economy is about 31 percent less than official ratings. "These figures need to be treated with extreme caution," says Greg Archer, clean vehicles manager at Transport & Environment. Most of the measured improvement is being delivered through manipulating tests, not delivering real-world improvements. We need the new test to be introduced without further delay." Read more at DieselNet, or from Transport & Environment. Ballard will supply fuel cell modules for eight hydrogen-powered buses in China. Shipping later this year, the FCvelocityTM-HD7 power modules will power buses in multiple Chinese for cities. "We are now beginning to see meaningful evidence of growing demand for clean energy mass transportation alternatives in China, including both buses and trams," says Ballard President and CEO Randy MacEwen. "This demand is being driven by a pressing need to address China's challenging air quality issues, for which fuel cell technology is seen as an emerging option." Read more from Ballard in the press release below. Ballard Inks Deal to Supply Next-Generation Fuel Cell Power Product For Eight Buses in China April 15, 2015 Vancouver, Canada – Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) today announced that it has received an order from a Chinese customer to supply its next-generation FCvelocityTM-HD7 power modules for 8 buses to be deployed in a number of Chinese cities. Ballard expects to ship all of the modules in 2015.

Henrik Fisker moves on from designing hybrids to superyachts

Henrik Fisker has announced a number of projects since parting ways with his namesake hybrid automobile brand. Most of them revolve, as you might expect, around four wheels. He even did one with two wheels last year, but now he's branching out into superyachts. The partnership announced between Fisker and Italian shipyard Benetti will see the Danish designer pen a new line of yachts measuring 164 feet long. That's roughly the distance covered by ten Karmas parked end to end. Benetti is designing the essential architecture of the vessels, while Fisker will be responsible for its styling inside and out. His vision is previewed by the simple sketch above, sent to Autoblog by a Benetti representative, who tells us that the complete design will be presented this coming February at the Miami International Boat Show. Details are still to come, but Benetti says the superyachts will include "carbon fiber and other exotic materials, as well as optimized ocean views from all major cabins and use reclaimed wood, integrated solar panels and optional hybrid power." The design will be split across three decks incorporating a "beach club" at the rear, on-board spa, a pool, six guest cabins, accommodation for 11 crew members, and technological advancements including automated controls. The Benetti collaboration is just the latest in many upon which Fisker has embarked lately. His recent work includes the Galpin Rocket, the aborted Aston Martin Thunderbolt, and two new vehicles to be unveiled in Detroit next month. These in addition to noteworthy creations highlighting his portfolio including the BMW Z8, Aston Martin DB9, and, of course, his eponymous luxury hybrid sedan. While naval architecture may be new territory for Fisker, this isn't the first time we've seen an automotive designer dip his toes in the water to design a yacht. McLaren design chief Frank Stephenson, for example, recently revealed his own wooden runabout with electric power, and Ian Callum penned a concept speedboat for Jaguar. The design divisions at BMW, Mercedes-Benz, and Porsche have dabbled in naval architecture as well, and both Bugatti and Aston Martin recently licensed their names to high-end motorboats too. However Fisker's design will be much bigger than most when it hits the open water.