There’s a reason why Vancouver-based Advanced Lithium Power Inc. has a message on the home page of its Web site that reads, “ALP is expanding! Click here for career opportunities.”
As you’ll read in this Los Angeles Times blog entry, Fisker Automotive of Irvine, Calif., is using lithium-ion battery packs from Advanced Lithium to power its highly anticipated Karma plug-in hybrid. The Karma, at a cost of about $88,000 (U.S.), has Tesla-like looks but costs about $20,000 less. That’s partly because, as a hybrid (that is, like the GM Volt is has a gas-powered range extender that’s used to charge the battery while driving), its battery pack is less than half the size of the Tesla pack. First deliveries of the Karma are expected in spring 2010. About 1,300 have already been preordered.
Fisker, according to the LA Times piece, will make a “sizable” cash investment in Advanced Lithium and will get two seats on the Canadian company’s board.