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Fisker Secures $115.3M in Private Equity Funding; Necessary to Access $528.7M DOE Loan

Green Car Congress

Fisker Automotive last week secured access to an additional $115.3 This funding is necessary for Fisker Automotive to access a $528.7 million US Department of Energy conditional loan that will, in part, help speed completion of the Fisker Karma, the company’s first plug-in hybrid. A123 is also investing $23 million in Fisker.

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

Two German investors, Ingo Voigt and Fritz Nol, announced their intent to buy Fisker Automotive, the failing plug-in hybrid car company, on 11 September. The team submitted a detailed offer to the US Department of Energy (DOE) along with a letter of intent for restructuring Fisker. DOE auctioning off the Fisker loan.

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Fisker files for Chapter 11 bankruptcy protection

Teslarati

Fisker Group Inc. As noted in a report from the Associated Press , Fisker estimates that its assets are between $500 million and $1 billion. As noted in a report from the Associated Press , Fisker estimates that its assets are between $500 million and $1 billion. Just send a message to simon@teslarati.com to give us a heads up.

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News: 2023 Fisker Ocean Introduced

Clean Fleet Report

The production-ready 2023 Fisker Ocean debuted at the 2021 Los Angeles Auto Show to an interested group of industry insiders and journalists. Henrik Fisker revealed his plans to shake-up the electric SUV category with the all-new, all-electric Ocean. Fisker Ocean One (Launch Edition: 5,000 Units). All-wheel drive.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic Automotive already formed relationships with companies in the industry, like Amazon and Fisker. Panasonic Automotive also teamed up with automaker Fisker to create an audio system. In November 2022, Panasonic and Fisker debuted the Pulse audio system for two variants of the Fisker Ocean.

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DOE Closes $465M Loan to Tesla Motors

Green Car Congress

It will help build a customer base and begin laying the foundation for American leadership in the growing electric vehicles industry. This is part of a sustained effort to develop and commercialize technologies that will be broadly deployed throughout the American auto industry. and Fisker Automotive. Tenneco Inc.

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Five Electric Cars You'll Still Be Able To Buy In Five Years

Green Car Reports

The electric auto industry -- more than the conventional auto industry -- is an extremely volatile and competitive place.