Boxwood Road GM plant may be new home to Fisker Automotive!

Oct. 25, 2009 The News Jornal reported that Fisker Automotive http://karma.fiskerautomotive.com/ may soon announce that they will be building what they call the "worlds first luxury plug-in hybrid electric vehicle at the old Boxwood Road Gm Plant.

According to the company website American automaker Fisker Automotive was recently approved for a conditional loan of $528 million by the Department of Energy (DOE). The next generation Karma will be built entirely in the U.S

It looks like they plan on making 75,000-100,000 of these cars a year and the resulting vehicle will sell for about $39,900 after federal tax credits.

With 50 miles of electric range and more than 350 miles of total range, the Fisker Karma with its proprietary Q-DRIVE powertrain developed by Quantum Technologies, will have the potential for a fuel economy of over 100 miles per gallon (MPG) on extended drives. Fisker Karma has a top speed of 125mph and 0-60 comes in less than 6 seconds.

This could mean thousands of jobs New Castle County which saw 2 large auto plants close recently. Lets keep our fingers crossed it all comes together!

Larry Hultberg Delaware Realtor

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