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After "spy photos" of the Fisker Karma were handed out cataloging its "testing" earlier this summer, it seems Fisker Automotive has managed to secure $65 million in funding towards production of its mega-hyped super-hybrid saloon. Not only has Fisker gotten a hot moolah injection, but venture capital mega-house Kleiner Perkins, among others, has tossed some dough behind the effort. According to Automotive News the Karma also gets a name for it's hybrid drive — the Q-drive, based on tech from Quantum Fuel Systems Technologies Worldwide; not at all from Tesla, who is suing the pants off of Fisker for infringement. Fisker says the first Karma will be ready for production by the end of 2009, and we say we'll eat the hat of your choosing should that come to pass. More »
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When we heard that Th!nk was coming to America our cynicism censors immediately lit up. Is this the same Th!nk that failed here before, went bankrupt, had their electric bike recalled and has annoying punctuation in their name? Yes. But they got that sweet sweet Kleiner Perkins VC money, right? True, that money has yet to produce a commercially successful car. The interesting history of all that below. More »
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