Fisker Buzz Forums banner
1 - 3 of 3 Posts

Premium Member
1,975 Posts
Discussion Starter · #1 ·
I thought Fisker had move its EVer drivetrain in-house... but according to today's press release, maybe not...

Quantum Receives Development Contract from Fisker Automotive

By Quantum Fuel Systems Technologies Worldwide, Inc.
Published: Thursday, Oct. 4, 2012 - 6:09 am

IRVINE, Calif., Oct. 4, 2012 -- /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) announced today that it has been awarded a new development contract from Fisker Automotive for advanced product development on the Fisker Karma. Under the contract, Quantum will continue to develop advanced features for the Fisker Karma vehicle to enable future product upgrades.

"We continue to support Fisker Automotive on the advancement and continued development of the Karma vehicle enabling broader reach in new global markets," said Brian Olson, President and CEO of Quantum.

About Quantum Quantum Fuel Systems Technologies Worldwide, Inc. is a leader in the development and production of advanced vehicle propulsion systems, fuel storage technologies, and alternative fuel vehicles. The Company's portfolio of technologies includes electronic and software controls, hybrid electric drive systems, natural gas and hydrogen storage and metering systems and other alternative fuel technologies and solutions that enable fuel efficient, low emission hybrid, plug-in hybrid electric, fuel cell, and natural gas vehicles. Quantum's powertrain engineering, system integration, vehicle manufacturing, and assembly capabilities provide fast-to-market solutions to support the production of hybrid and plug-in hybrid, hydrogen-powered hybrid, fuel cell, natural gas, and specialty vehicles, as well as modular, transportable hydrogen refueling stations. Quantum's customer base includes automotive OEMs, fleets, aerospace industry, military and other governmental agencies, and other strategic alliance partners. Quantum's wholly owned subsidiary, Schneider Power Inc., and affiliate, Asola Solarpower GmbH, complement Quantum's alternative and renewable energy presence through the development and ownership of wind and solar farms, and the manufacture of high efficiency solar modules for traditional and automotive applications. Quantum is headquartered in Irvine, California, and has operations and affiliations in the USA, Canada, Germany and India.

Forward Looking Statements: This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this report, other than those that are historical, are forward-looking statements and can generally be identified by words such as "may," "could," "will," "should," "assume," "expect," "anticipate," "plan," "intend," "believe," "predict," "estimate," "forecast," "outlook," "potential," or "continue," or the negative of these terms, and other comparable terminology. Various risks and other factors could cause actual results, and actual events that occur, to differ materially from those contemplated by the forward looking statements. The Company undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.

©2012 Quantum Fuel Systems Technologies Worldwide, Inc. Advanced Technology Center 17872 Cartwright Road, Irvine, CA 92614 Phone 949-399-4500 Fax 949-399-4600

SOURCE Quantum Fuel Systems Technologies Worldwide, Inc.

784 Posts
doug said:
Groan... I was hoping that Fisker had moved on from Quantum.

Some press release. One line of news, the rest self promotion.
This work involves the Karma. Would make sense to let Quantum further develop the system it has desiged, instead of bringing in a third party. I believe it's for the Atlantic that Fisker is looking for a new direction.
1 - 3 of 3 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.