Fisker Automotive, Inc. to Open New Facility in Pontiac, Michigan; Utilizes Quantum Technologies, Inc. (QTWW) for Hybrids
Source: http://Blog.QualityStocks.net/?p=13778Posted on Tuesday, November 11th, 2008 | In Small & Micro Cap
Fisker Automotive, Inc. is an American premium car company with a cutting edge. Fisker cars use technology created by Quantum Technologies (QTWW) to achieve the world’s first true luxury plug-in hybrid sports car – The Fisker Karma.
Quantum designs and manufactures state-of-the-art clean propulsion technologies, fuel and energy storage technologies and services including propulsion systems for hydrogen fuel cell vehicles, hydrogen internal combustion engine vehicles, compressed natural gas vehicles, liquid petroleum vehicles, hybrid electric vehicles and plug-in hybrids.
Yesterday, Fisker announced that they will be aiding in the rehabilitation of the Michigan automotive industry by opening a 34,000 square foot facility in Pontiac, Michigan. The plant will house up to 200 engineers and designers whose primary goal will be to produce the Fisker Karma vehicle. The company’s main headquarters in Irvine, California will not be affected.
The Fisker Karma, with its proprietary Q-DRIVE powertrain developed by Quantum Technologies, will have the potential for a fuel economy of over 100 miles per gallon (MPG) on extended drives, while boasting a top speed of 125mph and 0-60 acceleration in less than 6 seconds. Initial domestic deliveries of the Fisker Karma will commence in the 4th quarter of 2009 in North America with planned delivery to the U.S. and Europe. Fisker Automotive’s annual production is projected to reach 15,000 vehicles by 2011.
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