Late-to-the-EV-party Fisker Automotive may be dragging down suppliers with its tardiness. A123 Systems lowered its 2011 revenue forecast due to reduced orders, and it's pointing a finger squarely at the hybrid car maker.
Fisker, which began selling the Karma plug-in hybrid sedan in October, cut the number of battery orders from A123. The auto manufacturer said the reduction was to help it balance inventory levels from all suppliers, which could mean that sales of the $96,000 vehicles aren't as brisk as planned, or that production was slowed due to a reported manufacturing strike in Finland.
A123's … Read more