March 01, 2011

Valmet Automotive launches Fisker Karma production in March 2011

Fisker Karma, the first true electric vehicle with extended range enters production at Valmet Automotive’s Uusikaupunki plant in March 2011. The first batch of cars is assigned to importers and retailers, customer deliveries in the USA and Europe will start in late April.

“We are proud to announce the production start of Fisker Karma by Valmet Automotive. We have a high end brand and a product based on innovative technologies. Therefore we only rely on partners who can convince us with their references, experience and knowhow. We have been completely satisfied with our cooperation with Valmet Automotive”, says Bernhard Koehler, COO, Fisker Automotive.

Production ramp up will reach full run by autumn. Fisker Karma has currently over 3,000 deposit holders. The target is to deliver their cars during the 2011 model year.

“Fisker Karma is an exciting project to Valmet Automotive. Karma is an innovative product that puts our 40 years of experience in demanding car projects in good use. Valmet Automotive has obtained substantial new resources in suppliers and logistics and works in tight cooperation with Fisker Automotive to ensure fluent production run”, says Ilpo Korhonen, President, Valmet Automotive.

Valmet Automotive is a global pioneer in series production of electric vehicles. The first EVs were launched at the company’s Uusikaupunki, Finland, plant in 2009. Valmet Automotive has profound knowhow in manufacturing various types of electric vehicles.

The technologically advanced Fisker Karma presents a new class to the motoring world, the luxury sports hybrid. Fisker Karma is a fascinating addition to Valmet Automotive’s production range.

Further information:
Teija ┼hlman, VP Communications, Valmet Automotive
Tel: +358 20 484 8060

Valmet Automotive is an experienced provider of automotive engineering, vehicle manufacturing, convertible roof systems and related business services. Our special areas of expertise are premium cars, convertibles and electric vehicles. We employ 1,600 professionals in Finland, Germany, Poland, Sweden and the USA.