Bankrupt battery maker A123 stalls Fisker Karma production(Read article summary)
Fisker Automotive revealed Wednesday that it has halted production on the Fisker Karma due to the bankruptcy of its battery maker, A123 Systems, according to Green Car Reports.
A123 exclusively provides the battery packs for Fisker's Karma range-extended electric sedan--and the lack of supply has stalled production.
Bloomberg¬†reports that Fisker intends to restart production as quickly as possible once the A123 sale has gone through.
The company does have an inventory, but one which Pasowatz describes as "[getting] a little low."¬†
Fisker expects to know the outcome of the auction by the middle of December--and no doubt hopes to re-start production soon after.
Battery shortages are just the latest in a long line of hold-ups, problems and disasters for Fisker Automotive.
Last month, several Karmas¬†were destroyed in a New Jersey port¬†in the wake of Hurricane Sandy. Previously, the company has also faced problems with¬†Karmas catching fire, a¬†Consumer Reports test car breaking down, and¬†poor EPA ratings--plus previous issues¬†with A123 batteries themselves.
Fisker has considered using different batteries for the Karma, but Posawatz says it's certainly not a short-term solution, as batteries need to be thoroughly tested--a process which could take a year.
That's a year that Fisker can't really afford to waste--so a resolution to the A123 sale can't come too soon.