Fisker raises another $100 million to begin delivery of Karma

Posted: May 16, 2011

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Fisker raises another $100 million to begin delivery of Karma

Fisker Automotive recently announced that it has raised $40 million to build its plug-in hybrid vehicles. Roger Ormisher, a Fisker spokesman, said that Fisker has ‘no specific usage’ for the additional $40 million but gives the company a ‘nice comfortable cushion.’

Well, it seems like Fisker is looking for an even more comfortable cushion. The automaker said today that it has raised an additional $100 million to begin delivery of its first production vehicle to retail customers – the Fisker Karma.

Click here for more news on the Fisker Karma.

Full production of the Karma plug-in hybrid sedan is scheduled to begin after the first 3,000 customers receive their cars.=