Fisker Automotive has named Advanced Lithium Power Inc. as the supplier of batteries for its upcoming Karma plug-in hybrid-electric sports car — and it's taken a stake in the Vancouver-based battery maker as well. The deal includes a $4 million stake in ALP for Irvine, Calif.-based Fisker and Quantum Technologies, which provided its Q-Drive powertrain concept to Fisker and holds stakes in both companies. Fisker's $87,900 Karma sports car differs from that of its rival Tesla Motors in that the Karma is a series hybrid — it contains an engine that serves as a generator for its battery, similar to plans for the Chevy Volt, set to be released in 2010. That gives the Karma an all-electric range of 50 miles with its 22.6-kilowatt hour battery, and an extended engine-and-battery range that the Fisker says is equivalent to getting 100 miles per gallon. Tesla, on the other hand, is building an all-electric sports car, the Roadster, with a 220-mile range and a price tag of $109,000 that largely reflects extra battery costs. Tesla makes its own 56-kilowatt hour battery packs using cells provided by unnamed Japanese suppliers, but has said it would consider buying cells from a subsidiary of Daimler AG, Reuters reports — the same company that Tesla has agreed to provide battery packs to (see Tesla to Build Battery Pack for Daimler). Fisker plans to make its first Karma deliveries early next year, the Los Angeles Times reported. That's a bit later than a November delivery date the company was aiming for as of December (see Fisker Preps Its Production Car). It's also a ways behind Tesla, which delivered its first Roadsters in August (see Tesla Delivers More Than a Dozen Roadsters) and has about 200 on the road as of this month. Fisker has raised about $90 million so far, including $65 million in September (see Fisker Raises Fistfuls of Cash). Tesla had raised about $147 million as of November, when it raised another $40 million in loans from previous investors after some well-publicized financial problems (see Musk: Tesla Hit by Market 'Freefall'). With a bit of bad blood between the two companies, including a lawsuit from Tesla claiming Fisker stole its design and technologies (see Cash-Strapped Tesla Raises $40M, Loses Lawsuit), it will be interesting to see how the two compete in the luxury green car startup field.