Fisker to Open Engineering Facility in Michigan

Automobile Staff
Fisker Karma

California electric car manufacturer Fisker plans to open a facility in Pontiac, Michigan, as it prepares for the release of its new plug-in hybrid sedan, the Karma, for the 2009 Detroit auto show in January.

The Karma was first introduced at the 2008 Detroit show, albeit as a concept vehicle. Though little firm specifics have yet been revealed, Fisker claims the slinky sedan is a hybrid capable of 125 mph and an electric-only range of 50 miles. The facility in Pontiac will be involved with integrating systems into a production-ready vehicle, and will employ nearly 200 individuals. Fisker chose this location because of its proximity to its suppliers and the area's workforce, most of which has prior knowledge of the automotive industry. "We're excited to start something up," said Henrik Fisker, CEO of Fisker Automotive. "We're getting a lot of good people in, so that's obviously a big advantage for us." Fisker plans on launching the Karma by 2010, and hopes it will carry a base price of $87,000. The Karma is estimated to have a sticker price of $87,000. Source: Automotive News

$87,000 seems a bit high for a 125 mph sedan.

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