Talk about vaporware. The Fisker Karma hasn’t necessarily been promised on time. We first heard that the luxury plug-in was to be delivered in 2009, making is one of the first PHEVs out in the public. But that was later rescheduled to 2010, and then again to 2011.

A spokesperson for Fisker has stated that “regular production will start in March with deliveries expected to begin soon after.” No specific delivery dates have yet to be mentioned.

Adeo Ressi’s incubator the Founder Institute is expanding to its fourth continent, South America, with new local chapters opening in Bogata, Colombia in April and Santiago, Chile in September. Closer to home, the Founder Institute is also opening a new chapter in San Francisco, due to increasing Bay Area demand.