Luxury Hybrid Maker Fisker Raises $65 Million
When we saw the Fisker Karma plug-in electric hybrid concept car at the Detroit auto show earlier this year, we were pretty skeptical it would ever be built. But today the company announced it has raised a very real $65 million in funding. Most of the money comes from Qatar Investment Autority, which describes itself thus on its website: “The QIA was founded by the State of Qatar in 2003 to strengthen the country’s economy by diversifying into new asset classes.”
Qatar is a small, wealthy country bordering Saudi Arabia. It exports both oil and natural gas. It’s interesting that the country is investing in a hybrid manufacturer with so much already invested in oil.
The Fisker Karma, however, is not all about fuel efficiency. It will be a $80,000 sport sedan with a sub-6-second 0-60 speed that works in a way similar to the upcoming Chevy Volt. Check out the link below for a full photo gallery.
