It’s always easy to dismiss an independent automaker’s ambitious plans as vaporware, but it appears Fisker is very serious about brining its Karma hybrid sports car to market. The company over the weekend announced an agreement with Valmet Automotive to build the car at its facility Finland — the same factory that builds the Porsche Boxster and Cayman.

“We are very pleased to have the final contact signed and are looking forward to a long business relationship with Valmet,” said Fisker Automotive CEO, Henrik Fisker.

The first vehicles will be delivered in the fourth quarter of 2009, with an annual production projected to reach 15,000 vehicles. For the production of the Fisker Karma, a new body welding line will be built at Valmet. The painting and assembly process can be adapted to the company’s existing setup.

“Fisker Automotive and Valmet Automotive make a great, professional team. The schedule is demanding, but I’m confident that with good cooperation the production will start on schedule. A hybrid drive train, battery technology and a new body design with light weight materials is a great challenge to our engineering and production teams. Our supplier quality management team is also involved in the project,” said Ilpo Korhonen, President of Valmet Automotive.

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