Fisker Automotive Inc., the American automaker based in Anaheim, California said its rechargeable Karma sedans generated revenue of more than $100 million in the first four months of this year.
The company, which began deliveries of the Fisker Karma luxury four-door electric sedan in December 2011, also revealed that it has delivered 1000 vehicles to customers in the US and Europe.
“We are encouraged by solid demand for the Karma, our unique extended-range luxury model. Pending completion of investment sourcing, we are poised to press ahead with further market expansion and development of our higher volume model, the Fisker Atlantic.” Tom LaSorda, Chief Executive Officer of Fisker Automotive, said.
Fisker has faced tough questions about the reliability of the Karma after a spate of high-profile battery problems in recent months.
In March, a Karma battery failed during a test conducted by Consumer Reports magazine. Fisker recalled 239 Karma cars in December to fix a battery defect that raised the risk of a fire.
Also, U.S. safety regulators are trying to determine the cause of a Texas garage fire that destroyed three vehicles, including a luxury plug-in sports car built by Fisker Automotive. Shortly after reports surfaced that the Sugar Land Texas garage fire was started by a new Fisker Karma, many began speculating as to how the electric luxury sedan may have caused the inferno.
Fisker, based in Anaheim, California, received $529 million in electric-vehicle loans from the U.S. Energy Department to develop the Karma and a proposed second model, the Atlantic. The credit line was frozen last year after the company was late in meeting milestones related to the Karma, which is made in Finland.