Valmet to Manufacture the Fisker Karma Plug-in Hybrid

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fisker_plug-in_hybrid_sports_sedan Valmet Automotive has signed a letter of intent with Fisker Automotive. According to the letter of intent Valmet Automotive is to manufacture Fisker Automotive's first production car, the Fisker Karma Plug-in Hybrid, in Finland. 

The target is to sign the final contract within next months. Fisker Karma is a four-door plug-in hybrid sports sedan which was introduced in January 2008. The first cars will be delivered in the 4th quarter of 2009 in North America with planned delivery to Europe in 2010.

Fisker Automotive's annual production is projected to reach 15,000 cars. Valmet was chosen as the engineering and manufacturing supplier for Fisker after an extensive global search.

"Valmet offers us the quality and speed necessary to meet our production goals, and given that more than half of Fisker sales are expected to be outside North America, Valmet represents an ideal international foothold", says Fisker Automotive CEO, Henrik Fisker.

(Source: Valmet; Image: Fisker)

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