Fisker Atlantic made its debut last week at the 2012 New York Auto Show, but production plans are yet to be finalized. Despite the uncertainty around the launch date, the company is moving forward with its plans and signed an agreement with BMW that gives them access to the new N20 4-cylinder 2.0 liter turbocharge engine.

The electric coupe will use the second-generation EVer (Electric Vehicle with extended range) powertrain coupled with the BMW turbo engine. At launch time, the Atlantic model is expected to be priced around $55,000, positioning it somewhere in line with the Audi A5 or BMW 335i.

Fisker Atlantic resembles the more expensive Karma model, but with redesigned grille and headlights, and a wider trunk opening that splits LED tail lamps.

The automaker is about $150 million short of the cash it needs to build the Atlantic, but the company relies on loans from the Department of Energy which will allow to kick-off the production lines in Delaware.

BMW introduced the N20 engine last year at the Geneva Motor Show. The new 2.0 liter engine combines highpressure direct-injection and BMW’s VALVETRONIC intake control. The turbocharger is a twin-scroll system. The exhaust streams leaving the two pairs of cylinders are kept completely separate as they flow through the exhaust manifold and the turbocharger.

The engine produces 240 horsepower between 5,000 and 6,500 and 260 lb-ft of torque, and it currently powers the 328i, 528i and Z4 sDrive28i models in the United States.

[Source: Automotive News via Autoblog]