Despite the fact that negotiations with the Department of Energy concerning the loans are still ongoing, LaSorda isn't counting on federal money anymore.
LaSorda also lowered the Fisker Karma
's sales target for this year from 10,000 units to 4,000. However, he expects for Atlantic production to begin by the end of the year. In another related Fisker development, lithium-ion batteries manufacturer, A123, announced a recall for batteries that suffered from manufacturing flaws. Fisker will now have to replace about 600 batteries out of about 700 cars sold so far.