It's been a long time coming, but Fisker is finally ramping up for production of its long-awaited Karma, and more recently, a full lineup of plug-ins over the next three years.
The carmaker officially debuted the 2012 Karma at the Paris Motor Show last week, along with its $88,000 price tag. Full production of the Karma will begin early next year in Finland, with customer deliveries promised in March. And not much longer after that, the start-up also plans to put its $528 million Department of Energy loan to good use and produce its more affordable Project Nina in the Delaware plant it purchased from GM.
But also coming down the pipeline is a Karma sports wagon and three versions of the mysterious Project Nina, including an SUV, according to financial documents obtained by The News Journal.
And sometime between the launch of the Karma and the production of the other plug-in(s), the start-up will consider filing for an IPO, according to reports from Reuters.