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Fisker and Valmet Signed Assembly Contract for the Fisker Karma
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Fisker Automotive, Inc. has signed the final assembly contract with Valmet Automotive to manufacture the Fisker Karma in Finland. Valmet Automotive will be the engineering and manufacturing supplier for Fisker Automotive.
Few days ago Fisker opened a Michigan engineering and development center and the company has now finalized its deal to manufacture the Karma in Finland.For the production of the Fisker Karma, a new body welding line will be built at Valmet Automotive. The painting and assembly process can be easily adapted to the production of electric and hybrid cars. Some 500 people are expected to be employed in the build process
The Fisker Karma is a new four-door plug-in hybrid sports sedan and its production is planned to start in the fourth quarter of 2009.
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 in 2010. Fisker Automotive's annual production is projected to reach 15,000 vehicles by 2011.
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