A123 Systems to fix misaligned clamps in batteries supplied to Fisker

Article by Christian Andrei, on December 28, 2011

A123 Systems Inc. has identified a "potential safety issue" in the batteries that it supplies to Fisker Automotive Inc., the battery maker's CEO David Vieau revealed in a memo posted in its investor-relations website. The manufacturer of batteries for electric cars said that the hose clamps in the batteries' internal cooling system were "misaligned." This may lead to a leak in the coolant, causing an electrical short circuit.

Vieau also confirmed that repairs have begun on the fewer than 50 cars affected. He added that the company anticipates a "minimal financial impact." He further stated that the company's relationship with Fisker "remains strong."

California-based Fisker is ramping up deliveries of $102,000 Karma plug-in hybrid sedans in the U.S. Shipments have started with 1,200 units "in the pipeline" and 225 delivered to dealers, CEO Henrik Fisker revealed in a December 21 interview.

He added that production of Karma is now 25 units per day and may increase to 60 each day in 2012. Henrik Fisker has designed and styled vehicles for Aston Martin and Bayerische Motoren Werke AG's BMW.

A123 also supplies batteries to carmakers Daimler AG and General Motors Co., among others. It will supply battery packs for GM's Chevrolet Spark electric subcompact, which will be available for sale in 2013. The battery maker has posted losses in each quarter since 2008. It went public in September 2009.

Topics: a123, fisker

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