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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. 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.

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ETAutoTS: Software, sustainability, cybersecurity to define the future of auto industry – ET Auto

Baua Electric

Rajendra Petkar, President & CTO, Tata Motors Bengaluru: The future of the automotive industry will be defined by technology and software along with sustainability , industry’s top voices said at the Day 1 of the 5th edition of ETAuto Tech Summit concluded on Thursday.

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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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The time has come: Fisker has filed for bankruptcy

Baua Electric

After many signals suggesting that it would happen, Fisker has officially filed for bankruptcy. The chapter 11 filing came late Monday night in Delaware, where Fisker is incorporated. Soon after, Fisker posted a statement on its website. LOS ANGELES (June 17, 2024) – Fisker Group Inc. Fisker Inc. Fisker Inc.

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It’s easy to criticize, hard to create; my motto is never give up, says Henrik Fisker – ET Auto

Baua Electric

Henrik Fisker, Founder & CEO, Fisker Inc. My motto is never give up,” Fisker said at the 5th edition of the 2-day ETAutoTech Summit in Bengaluru. He admitted that while the auto industry might be the hardest to succeed, the nascent EV industry is even more difficult. and SAIC-GM-Wuling at 4.9%.

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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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Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Auto parts suppliers have been struggling with lower-than-expected demand for their EV components, as carmakers shift their focus toward producing affordable hybrid vehicles instead. The Aurora, Ontario-based company also recorded asset impairments and restructuring costs of USD 316 million related to troubled EV startup Fisker.