Mar 08

Automotive News reports:

DETROIT (Reuters) — A $100,000-plus Fisker Automotive luxury car died during Consumer Reports speed testing for reasons that are still unknown, leaving the struggling electric car startup with another blow to its image.

“It is a little disconcerting that you pay that amount of money for a car and it lasts basically 180 miles before going wrong,” David Champion, senior director for the magazine’s automotive test center, told Reuters.

Fisker has benefited from the publicity generated when actor Leonardo DiCaprio was handed the first Karma last summer and pop idol Justin Bieber received one as a gift this month.

The breakdown of the Consumer Reports car is more bad news for a company that already recalled some Karmas. Fisker also has changed its CEO and halted production over the past month as it seeks to renegotiate the terms of a $529 million loan from the U.S. Department of Energy.

One of Fisker Automotive’s primary financial backers is venture captital firm, Kleiner Perkins Caufield & Byers, of which Al Gore is a partner.  Fisker also received a $528.7 million conditional loan from the Department of Energy’s Advanced Technologies Vehicle Manufacturing Loan Program.  That’s a LOT of money to produce only 200-300 cars thus far, some of which seem to  be lemons.

This is the same company that last year caught flak because after it secured the US government financing, started assembling their cars in – Finland.

By the looks of things, Fisker Automotive seems headed for the same fate as Solyndra.

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7 Responses to “Al Gore-backed (and US government-backed) Fisker Automotive delivers $100,000 plug-in hybrid lemon to Consumer Reports; inexplicably broke down after 180 miles of testing”

  1. The Nervous Cat says:

    Al Gore sits on the board of Apple Inc. Does that mean if Apple gets some bad press for a product launch that fails, then we should blame it on Al Gore for it?

    The guy has been a private citizen since he left office as VP and has not held public office since. So he’s funds companies. That’s what venture capitalists do – some fail and some don’t. That’s the free market. You can’t blame him for that.

       1 likes

    • Editor says:

      Yes, Gore is a private citizen, and he’s certainly free to do what he wants within the laws of this country. However, he’s no ordinary venture capitalist. Gore’s involvement with Apple Computer has nothing to do with his global warming scare-mongering, but his involvement with Fisker via Kleiner Perkins very much as something to do with said global warming scare mongering. If Gore was an ordinary venture capitalist he’d just try to sell a better product that offered more value and appeal than other competing products (like Apple computer does, that you mention). In Gore’s case his sales pitch is to scare the hell out of people and/or guilt them into the purchase. Also, his approach has less to do with the free market, and more to do with crony capitalism – and there’s lots of real free market folks out here like me that despise crony capitalism.

      Also, Gore’s involvement in Kleiner Perkins makes his global warming schtick much less believable because it looks like just an elaborate scheme to make $$$$.

         3 likes

    • James Drouin says:

      So, by your rationale, people are NOT to be judged by the people or organisations they associate with. Good luck with that, because it only works in fantasy-land and liberal land.

      Show the world how wrong you believe ‘guilt by association’ isn’t alive and well and start hanging around murderers, thieves, pedophiles, and others of such ilk.

         0 likes

  2. Green Wheel Magic does not end there. If left uncharged, the all-electric Bay Area eco-salvation turns into the “Tesla Brick”. The “auto” must be disassembled to install the required $40K replacement battery. Yep, that’s FOURTH LARGE folks. Another Tesla shock….if your are in a wreck that damages the wiring from the battery to the 250 hp electric motors….SURPRISE….you’ve got a 400 volt arc welder going off in the back seat !

       1 likes

  3. GogogoStopSTOP! says:

    Let’s see, where to start. Look, Nervous Cat, to begin with, notice that all the Warmist’s & “Eco-crony-capitalists” are basing there entire belief system that we have to start today to prevent a catastrophic temperature event in 2100… that’s 88 years away! We should stop using our current energy systems today, for an event so far in the future, 2 generations of us will be gone before it occurs. Ugh?

    Next, you & Gore want us to pay more for energy today, so that 88 years from now we’ll be saved! Come on, no wonder AGW has gone from 60+% of the people believing it to 40% believing it today. Accepting that warming is occurring is one thing, but accepting increased taxes because of it? Really?

    People are too smart for that. Additionally, people see that the United Nations is behind this desire to “tax” us… no one would accept a tax backed by the UN… because the earth is warming!? Come on!

    People understand this simple fact: Why should we “tax” something we exhale? No one get’s this idea, when this argument is made, unless your a liberal fanatic, the everyday man thinks… “really… I don’t think so.”

       1 likes

  4. Anonymous says:

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