IRVINE, Calif., Sept. 5 /CNW/ -- Quantum Technologies (Nasdaq: QTWW) and
Fisker Coachbuild, LLC announce the launch of a joint venture in Fisker
Automotive, Inc. -- a green American premium car company. Fisker Automotive
will offer a range of environmentally friendly premium cars -- with the first
production car to make its Worldwide North American debut at the 2008 Detroit
Auto Show in January. Initial production is anticipated to be 15,000 vehicles
annually with pricing to start under $100,000.
Design and technology development are already underway for the first
production car. All models will feature cutting-edge plug-in hybrid
technology penned as Quantum Drive, developed by Quantum Technologies
exclusively for Fisker Automotive. This all-new plug-in Quantum Drive chassis
layout will allow Fisker to design innovative luxury cars with uncompromised
The Fisker name has attracted and attained worldwide brand recognition,
thanks to years of first-class automotive designs. Over his 18 years in the
car design business, Henrik Fisker has left his thumbprint on some of the most
highly regarded automobiles. His creations range from the BMW Z8, Aston
Martin DB9 & V8 Vantage to his most recent creations -- the Tramonto and
Latigo CS, designed under the Fisker Coachbuild nameplate. Fisker Automotive
will retain the orange and blue logo originated at Fisker Coachbuild.
"The troubled environment is captivating the attention of the world.
Developing a premium luxury green car which also delivers attractive design
can make a difference. We are extremely excited to join our automotive design
expertise with the plug-in hybrid technology of Quantum in Quantum Drive. This
breakthrough chassis development will allow us to deliver a design with
dramatic proportions -- one which will carry the Fisker badge," expressed
Henrik Fisker, CEO of Fisker Automotive, Inc. "We want people to drive
beautiful fast cars that make environmental sense -- cars that are eco-chic
and will have less of an impact on global warming."
Quantum Technologies has a long history of advancing technology.
Benefits in developing an entirely new, from-the-ground-up design for a
plug-in hybrid vehicle include optimized fuel efficiency and performance,
unchanged gas station infrastructure, home based battery recharging with any
110-volt outlet at a fraction of the cost. A cleaner and a quieter car for
local travel ... all with the most advanced comforts that are anticipated with
a luxury car.
"Our goal here is to deliver the advancement that Quantum Technologies
has made in the area of plug-in hybrid technology. By combining our efforts
with the renowned design talent of Henrik Fisker, we can produce a car that
makes a difference to the environment -- without sacrificing the luxury that
accompanies the finest automobiles," stated Alan Niedzwiecki, CEO Quantum
Fisker Automotive is a privately owned car company, operated by executive
management teams of Fisker Coachbuild, LLC and Quantum Technologies with
Henrik Fisker as the CEO of Fisker Automotive. Fisker Coachbuild, LLC will be
the exclusive design house for Fisker Automotive through the entire range of
About Quantum Technologies (Nasdaq: QTWW):
Quantum is a publicly traded, world leader and OEM supplier of
state-of-the-art clean propulsion technologies, fuel and energy storage
technologies and services including propulsion systems for hydrogen fuel cell
vehicles, hydrogen internal combustion engine vehicles, compressed natural gas
vehicles, liquid petroleum vehicles, hybrid electric vehicles and plug-in
hybrids based on advanced electronic control systems and Lithium Ion batteries
developed by Quantum's strategic alliance partner Advanced Lithium Power Ltd.
Quantum also provides engineering services including vehicle development and
homologation and second stage vehicle manufacturing through its subsidiary
About Fisker Coachbuild, LLC:
Fisker Coachbuild, LLC is a privately owned company that has brought a
new vision to the world of exotic, high-end performance sports cars. Their
distinctively designed and expertly engineered automobiles are hand crafted
using only the best quality materials and infused with cutting-edge safety
technology. Fisker Coachbuild offers elegant and timeless sports cars of
limited production providing the ultimate in exclusivity. The Fisker line is
currently comprised of the Tramonto and Latigo CS. Creative design services
are also carried out for further brand recognition within Fisker Coachbuild
through merchandising. Designed by Fisker Coachbuild has also made its mark
with the Artega GT design recently launched at the Geneva Auto Show in 2007.
Now the future strategy will be to focus solely on the design of the
environmental friendly premium cars for Fisker Automotive, Inc.
For further information:
For further information: Information, +1-714-888-4255, fax,
+1-714-888-4256, firstname.lastname@example.org, for Fisker Automotive Web Site: