Web report says Fisker will delay Atlantic’s rollout to 2014

Article by Anita Panait, on May 18, 2012

Fisker Automotive is reported to be planning to delay the market rollout of Atlantic electric vehicle due to financial issues and the current investigations from the federal government.  According to industry Web site InsideEVs.com, it has gotten copies of investor documents that reveal that Fisker is now planning to introduce the vehicle to the market by mid-2014.

Fisker just unveiled the Atlantic in April at the New York auto show and had planned to roll it out to the market in 2013. Roger Ormisher, Fisker spokesman declined to comment on the report, but sent an e-mail to Automotive News that the company considers the Atlantic as “very much part of Fisker’s future plans.”

Automotive News, however, said that Ormisher’s language implies confirmation that Fisker has trashed its 2013 plans for the Atlantic. In the e-mail to Automotive News, Ormisher said Fisker will be “confirming a new timetable for the program” once it secures funding from the US Department of Energy or from other sources.

InsideEVs.com disclosed that the investor documents also show that the Atlantic will be sold at around $50,000 to $60,000 each. According to Autoweek, the Atlantic is expected to fetch a price of below $40,000 after federal tax credits.

The Atlantic, dubbed as Nina during its development, is a plug-in hybrid powered by a BMW four-cylinder engine.

Fisker is targeting to have the Atlantic compete against mid-sized luxury sedans. Although the Atlantic is offered as a rear-wheel drive vehicle, a buyer could get an all-wheel drive version.

The delay in Atlantic’s rollout would be the latest misfortune for Fisker. It took the company a long time before it rolled out its first electric vehicle, the Fisker Karma, a $100,000 unit made in Finland. The company also suffered a blow from the DOE, which froze $529 million loan to the Fisker after the company had received about one-third of the allocated funds.

Fisker Automotive unveils its all-new Atlantic sedan, the latest model in its growing lineup of extended-range luxury electric vehicles.

The Fisker Atlantic was presented as a design prototype during a VIP preview event before the 2012 NY Auto Show press days. It is a luxury 4-door sporting sedan that boasts a practical interior and targets young families who are looking to drive high-end, impactful vehicles while also making a positive statement on the practicalities of daily life and on their commitment to sustainability.

Moreover, the Fisker Atlantic utilizes the latest second generation Electric Vehicle w/ extended range or EVer technology. It will also offer all the advantages and benefits of an electric drive and at the same time eliminate "range anxiety" with an all-electric powertrain.

And just like the Fisker Karma sedan, the Atlantic is also a plug-in series hybrid car that allows you to manually or automatically switch between electric driving and gasoline modes, thus sustaining the charge of the lithium ion batteries while on the move.

Its four-cylinder gasoline engine, which acts as a generator and is not mechanically connected to the wheels, is tuned to offer maximum economy and high torque. This Atlantic EVer powertrain offers performance that is highly competitive for a vehicle in its class. Standard powertrain is going to be configured for RWD or rear-wheel drive, while an AWD or all-wheel drive version is going to be offered as option.

In addition, the glass roof of the Fisker Atlantic design prototype boasts an incredibly strong ridged 'spider' structure. This construction also enables the car to offer an impressive amount of rear headroom given its sleek, coupe-like stance. The high-tech approach meets and surpasses all crash-test and rollover safety requirements worldwide. What’s more, the Atlantic's long wheelbase provides rear passengers with extra legroom as well as additional space in the trunk.

Topics: fisker, sedan

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