posted on Apr, 7 2011 @ 08:26 PM
So this is my first real post so go easy on me please.
If this is in the wrong section please change.
So the other day I was sitting down reading my Auto/Week for march 21st 2011. And I was reading about this new hybrid car. A Fisker Karma EVER
(Electric Vehicle, Extended Range). That apparently cost 1 billion dollars to make, and $529 million came from U.S. Department of Energy Clean
This is the first two paragraph's of the article (its in a magazine so no link sorry)
If that old saying about what goes around comes around is a succinct description of karma, it's going to be interesting to see how the Fisker Karma
drama plays out. Fisker, as you might know, is producing a $95,000, extended-range, plug-in hybrid, luxury four-door sports sedan.
It's quite a mouthful, but that's what it is. And it took a sack full of cash for development costs -- some say a billion dollars, $529 million of
it from U.S. Department of Energy Clean Technology loans.
I also found this on the road and track website.
Development of the Fisker Karma has evolved from its Detroit auto show introduction in 2008, through levels of crucial funding—including a
$528.7 million loan from all of us, courtesy the U.S. Department of Energy—to more than a couple of delayed delivery dates and, finally, to my
recent drive of the car at Fontana, California’s Auto Club Speedway. It’s now officially known as the Fisker Karma EVer, as in “Electric Vehicle
extended range”—and the key question becomes “Is this the first enthusiast plug-in hybrid?”
I am all about finding "greener" technology for the automotive industry. But a $90,000 hybrid is not the answer. IMO. I think this is the way hybrid
technology should NOT go. I think $529 million could be spent in much better ways.
Again this is my first real thread so be kind. I just wanted to share.