The electric vehicle builder Fisker already has the lithium-ion powered Karma sedan and soon to be Karma Sunset convertible. But for 2010 the Tesla Motors competitor would like to offer something different, a more compact plug-in vehicle.
"We’re first doing the four-door and then we’re doing the convertible and then we’re planning some third derivative off the Karma platform. Then we’re planning a high-volume vehicle for a lower price. We’ve applied for a Department of Energy grant. If that loan comes through, we’ll have this vehicle on the road in 29 months" said Fisker himself.