September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW) said that it has received a $30 million purchase order for supplying key components and subsystems related to Quantum's proprietary Q-Drive powertrain systems for the Fisker Karma production program under the terms of a supply agreement.

Under this first-release production purchase order, Quantum will supply components and systems to support the early vehicle builds that will ramp up to production volumes in 2011.

Quantum recently signed a Supply Agreement with Fisker Automotive to supply components and control systems for the Q-Drive powertrain system that is being incorporated into the Fisker Karma.

California-based Quantum is engaged in the development and production of propulsion systems, energy storage technologies, and alternative fuel vehicles. Fisker Automotive, co-founded by Quantum and Fisker Coachbuild, is a privately owned American car company that was created in 2007 to leverage the design capabilities of Fisker Coachbuild, LLC, founded by auto design veterans Henrik Fisker and Bernhard Koehler, and the PHEV powertrain capabilities of Quantum Fuel Systems Technologies Worldwide, Inc.

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