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http://www.latimes.com/business/la-fi-fisker5-2010feb05,0,585094.story

Los Angeles Times said:
Electric car builder Fisker Automotive Inc. will close its Pontiac, Mich., engineering and sales center in March and move the operations to its Irvine headquarters, the company said Thursday.

The move will result in the relocation of 20 to 30 employees and create new employment for as many as 100 workers in the coming year.

Last month, Fisker raised an additional $115.3 million in private equity funding that is helping to pay for the move. Now, Fisker will house all of its design, engineering, sales, marketing and administrative operations in Irvine.

"Having our entire team in California ensures greater efficiency and speeds up development of our new plug-in hybrids," said Henrik Fisker, the automaker's chief executive.

Fisker is working on the Karma, an $87,900 plug-in hybrid that will be assembled in Finland, using mostly U.S. parts. Production will start this year, with a target of 15,000 vehicles annually. It also plans a lower-cost plug-in hybrid that the company is calling Project Nina.
 
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