Henrik Fisker: “There’s No Doubt Electric Cars Are Here To Stay”

2 years ago by Eric Loveday 22

Fisker Website Header

Fisker Website Header

Car designer Henrik Fisker (the man behind the Fisker Karma) recently spoke with Tech Insider about electric cars.

According to Fisker, there’s a lot of potential in electric vehicles, but initially the market had a slow start, which is perhaps one reason why the Karma failed.   Well that, and in the case of Fisker specifically, they failed to meet production deadlines for their EVs and the $528.7 million loan afforded them from the DoE was pulled frozen in May of 2011 after the company had drawn down some 193 million, sending the company into bankruptcy fairly quickly.

Quoting Henrik Fisker:

Henrik Fisker With Karma

Henrik Fisker With Karma

“I definitely think there’s been a turn with Fisker Automotive. We definitely created a turn and we were part of that revolution that shows electric cars can be beautiful and exciting and fun to drive.”

“Everyone was extremely optimistic about it 10 years ago, about the EV market, and it didn’t exactly turn out as optimistic as everyone saw it. It didn’t move as quick as we expected.”

Fisker blames the slow uptake on that lack of choices in the segment, stating that even today, “the choice for consumers is still fairly limited.”

Fisker adds:

“The choice for consumers is still fairly limited, but in my mind there’s no doubt electric cars are here to stay. It is going to be a growing segment and it will continue to grow.”

“The car industry has invested a lot in hybrid, but my opinion is electric cars will take over a lot of hybrids quicker than people think now.”

And with the charging infrastructure growing rapidly, Fisker believes that owners of gas cars will be more willing to jump straight to electric, rather than transitioning to some sort of hybrid first.

Of note: Fisker Automotive’s assets were purchased by Chinese part maker, Wanxiang, and the company re-launched itself as the Karma in 2015 (yes, the name of its first car).  Karma now intends to restart production of the…Karma, later this year.

Source: Tech Insider

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22 responses to "Henrik Fisker: “There’s No Doubt Electric Cars Are Here To Stay”"

  1. Rick Bronson says:

    Fisker Karma was a very heavy car with 5,500 lbs + weight and it had only a short 20 mile range and the price was an exorbitant 120K.

    For 1/2 that cost, people can buy Tesla Model-S and that’s what they did.

    If someone is interested in Karma, please visit this site for more info. They are planning to show the vehicle again sometime this year.

    http://www.karmaautomotive.com/

    1. Mxs says:

      Not that I care for The Fisker vehicle …. But model S or 60K??? What are you talking about, chassis without drive train? Because that’s exactly what it would cost me.

      1. jerryd says:

        mxs,, that is what the low cost version did when the S came out, just few bought them, wanting the more expensive versions.
        Had Fisker made the car an all electric not needing the gas engine/EPA costs it could have come out faster and had sales.
        But Tesla and their SC beat Fisker and a gas engine easily.

        1. Aaron says:

          The fires (due to poorly thought out placement of the ICE’s exhaust manifold) didn’t help Fisker’s cause either. Not even Justin Bieber’s silver-wrapped Karma could help.

          1. Pushmi-Pullyu says:

            There were a lot of problems with the car’s design and functionality. The fires were just the most obvious sign of that.

            Fisker says “…we were part of that [EV] revolution”? Well, I suppose that’s technically true, but Fisker certainly didn’t advance the revolution or push the tech forward. If anything, the failure of the company was an object lesson in a startup inadequately funded and not spending enough time or money on development to design and build a product which works reliably. (Of course, Consumer Reports has highlighted Tesla’s reliability issues, but as I understand it, those are a drop in the bucket compared to Fisker’s.)

        2. Mxs says:

          Imagine that a few people wanted to buy more affordable model S versions … Tells you a lot about the buyer’s financial background, eh?

    2. evcarnut says:

      FISKER IS DEVIOUS , KARMA HAS BIT FISKER IN THE *SS………Sooner or later things have a way of catching up to us! THAT IS G00D ! water always finds it’s own level!

    3. Daniel says:

      That’s not correct the electric only range was limited however the karma like the volt was a true series hybrid and could drive indefinitely on gasoline. don’t throw stones at it. It was a Pioneer and because of it we have lots of other things happening today that perhaps would not have been. The karma was among the first desirable plug-in hybrid or battery electric vehicle of any kind everything else to that point where compact appliances.

      1. Pushmi-Pullyu says:

        Daniel said:

        “the karma like the volt was a true series hybrid”

        Actually the Volt is not a true series hybrid. It’s a combined (parallel+serial) gasoline-electric hybrid.

        “…because of it we have lots of other things happening today that perhaps would not have been.”

        Seriously? Name just one.

  2. mhpr262 says:

    You know you must be doing something wrong when your “sports car” ends up weighing 5500lbs.

  3. evcarnut says:

    KARMA failed because it was a..P 0 S..Built & put in production with the intention for fisker himself to make a fast buck….

  4. evcarnut says:

    LET’s N0T F0RGET ! This guy wanted Tesla to fail from the beginning. When he 1st designed for Tesla , he deliberately kept turning out “CRAPPY” designs for them, WHICH were “NOT ACCEPTABLE” as he ,took their money. He Spent time @ Tesla for the purpose of gaining information & knowledge t0 take with him for his gain,when they departed. He was a STUMBLING BLOCK @ TESLA to delay the inevitable as many others have done to hold Musk back! ENVY WILL GET PEOPLE NOWHERE FAST !….& THAT IS GOOD !

    1. goodbyegascar says:

      Bad Karma.

      1. John says:

        I see what you did there…

    2. Pushmi-Pullyu says:

      evcarnut said:

      [Note: Copy-edited by me for readability]

      “Let’s not forget! This guy wanted Tesla to fail from the beginning. When he 1st designed for Tesla, he deliberately kept turning out crappy designs for them, which were not acceptable as he took their money. He spent time at Tesla for the purpose of gaining information and knowledge to take with him for his gain, when they parted.”

      Well, that’s what Tesla claimed in its lawsuit, but that doesn’t mean it’s what actually happened. Let’s see now, how did that come out? Wikipedia says:

      “In early 2009 the suit was settled in Fisker’s favor and Tesla was ordered to pay Fisker more than US$1.1 million in legal fees.”

      Hmmm, looks like the jury didn’t buy Tesla’s claims.

      https://en.wikipedia.org/wiki/Fisker_Automotive#History

  5. Stephen D says:

    There wasn’t enough room in the market for 2 new entrants in premium class. Tesla was far superior and won the race.

    1. Aaron says:

      Figuratively and literally. The Karma was slow.

  6. evcarnut says:

    Elon Musk doesn’t think that , as he is offering all his patends to his competition for free, wide open !… Elon is encouraging others to join in & build COMPELLING EV’s to get the GAS/DIESEL Polluters 0ff the streets.There is SOOOoooo much room for all kinds & types of EV’s . It’s a Vast new market!

  7. Just_chris says:

    Fisker, tesla, coda and umpteen little startups where what got the ev revolution moving. Fisker and the karma were not great but without these little guys trying and failing we’d be nowhere by now. I think people forget that it takes 5 years to design and build a car and nobody gets to year 4 and gives up. the karma was a good enough concept to push the market along.

    If there had been no one to put the “million electric cars on US roads by 2015” there would have been no support for the ev industry and we’d be lucky if we’d even made it to 250k by now. I don’t miss fisker and the fires were pretty damaging but at the end of the day without fisker it would have been harder in the early days.

  8. G2 says:

    The start of the ICE revolution saw over 200 car makers competing for a small but rapidly growing market. Brutal evolutionary forces and brand consolidation saw 90% of the companies fail.