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Fisker Recieves $100 Million in New Funding for the Atlantic

Fisker has announced that it has a received a new round of funding to build its second model, the Fisker Atlantic.

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Although the news lately has been negative with the recent recalls, a new announcement brings a bit of hope to the automaker. Fisker has announced that it has a received a new round of funding to build its second model, the Fisker Atlantic. Fisker has reportedly received $100 million for the continued development and future production of the new sedan.
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In addition to using the new round of funding for the Atlantic, Fisker will also use it to expand into markets in China and the Middle East. A new marketing campaign for the Fisker Karma is also included in the new plans.
Fisker CEO, Tony Posawatz stated “This is another major vote of confidence in Fisker’s pioneering technology and business model. We are grateful to both our investors and our initial customers who have supported our company and are quickly becoming our biggest advocates.”

Fisker has delivered 1,500 Fisker Karmas since production kicked off at the end of 2011. Posawatz plans to announce the production plans for the Fisker Atlantic by the end of the year. It’s expected that the Atlantic will arrive sometime in 2014 with a price tag around $60,000.