A123 Signs Multi-Year Li-Ion Supply Agreement With Fisker

Fisker Automotive
A123 Systems

In brief: Battery maker A123 Systems has penned an agreement with Fisker Automotive to supply batteries for the Karma for "multiple years."

Vehicle in the news

Make/Model: Karma
Manufacturer: Fisker

The word

A123 SystemsThe multi-year agreement provides that A123 will be the selected battery system supplier for the Fisker Karma, which is due to begin manufacture very soon and begin arriving in customer's garages later this year.

The new agreement also includes collaboration between A123 and Fisker on the next project, the Nina platform, which implies it may integrate some of A123's more sophisticated technologies.

Fisker AutomotiveWith the Karma expected to have a range of 50 miles all-electric before the range-extender (ICE) kicks in, it seems they picked a good source for the batteries to power the car.

Originally, Fisker and Ener1 were collaborating, having made the announcement in May 2009, but that deal fell through in December when Fisker announced that a battery supplier had not yet been chosen and would be announced by the end of the year.

It's unclear why the EnerDel deal fell through.

And so ...

Good news for both Fisker and A123, two of the best products in the new EV arena.

Photo credits: A123 Systems, Fisker Automotive (respectively)

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