Fisker of Orange County Confirms, Fisker Automotive Has Received $150 Million In Funding

February 21, 2011 – Irvine, Calif., – Fisker of Orange County confirms, Fisker Automotive has received $150 million in funding, bringing its total financing to more than $1 billion dollars.

The newest funding comes from an unnamed investor, and joins another $325 million raised from other private companies, and about $530 million from the Department of Energy.

“We are extremely excited to see Fisker has the support from so many investors,” said Steve Rudkin, General Manager of Fisker of Orange County. “It’s a great opportunity for Fisker to continue the expansion of the brand,” he said.

The Karma sedan is acclaimed as the world’s first true electric vehicle with extended range. The car has an all-electric range of 50 miles when fully charged. After 50, a gasoline engine turns an on-board generator for 250 miles before refueling or recharging. The car is slated to
begin production March 21.

If you would like to learn more about Fisker Automotive or Fisker’s Karma contact Fisker of Orange County.

As a proud member of the Shelly Automotive Group and one of the largest Fisker centers on the West Coast, Fisker of Orange County loyally serves Orange County - including Aliso Viejo, Anaheim, Balboa, Brea, Buena Park, Costa Mesa, Corona Del Mar, Coto de Caza, Cypress, Dana Point, Dove Canyon, Foothill Ranch, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, Ladera Ranch, Laguna Beach, Laguna Hills, Laguna Niguel, Laguna Woods, La Habra, La Palma, Lake Forest, Los Alamitos, Mission Viejo, Monarch Beach, Newport Beach, Newport Coast, Orange, Placentia, Portola Hills, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Santa Ana, Seal Beach, Stanton, Trabuco Canyon, Tustin, Villa Park, Westminster and Yorba Linda.

Fisker of Orange County also proudly serves Riverside, San Bernardino and San Diego County, Long Beach, Los Angeles and San Gabriel Valley. For more information about Fisker of Orange County, visit the dealership at 9881 Research Drive in Irvine, Calif., or online at fiskeroforangecounty.com.

Don’t forget to become of fan of Fisker of Orange County on Facebook (http://www.facebook.com/FiskerOrangeCounty), and become a follower of Fisker of Orange County on Twitter (https://twitter.com/FiskerofOC).

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Vanessa Boudreau

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Feltman & Associates

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