Green Car Reports

FEBRUARY 28, 2012

If the proverbial Chinese curse is true, Fisker Automotive has truly been living in interesting times. Its Karma range-extended electric luxury sport sedan struggled into the market in December, months late, and in January the DoE froze $336 million in untapped loans to the company.

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Fisker Chrysler Karma Chinese 117

Green Car Reports

JANUARY 29, 2013

The decision has been hanging in the balance for some time now, but Chinese auto parts maker Wanxiang Group has finally won approval to buy bankrupt battery maker A123 Systems. Wanxiang Group fought off bids from American company Johnson Controls to buy A123, which supplies electric car batteries to companies like Fisker.

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Buy Chinese Fisker Batteries 123

Green Car Congress

NOVEMBER 9, 2010

The announcement accentuates the A123/SAIC joint venture—the first to be established between a non-Chinese battery manufacturer and a leading Chinese automaker, according to A123 Systems—and its focus on developing, manufacturing and selling complete vehicle traction battery systems in China. for production. Earlier post.).

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Li-ion Batteries Battery Eaton 240

The Truth About Cars

FEBRUARY 7, 2025

Henrik Fisker hasnt had the best luck with his automotive ventures, but his first company got a new life with Chinese funding and now says it will release new vehicles soon. It still looks like the original car penned by Fisker more than a decade ago, but offers a more modern interior and powertrain features.

Karma 64

Karma Fisker PHEV Chinese 64

Green Car Congress

MARCH 4, 2011

-based maker of lithium-ion batteries will be producing the battery packs at the company’s factory in Livonia, Mich., and the company began delivering engineering battery packs late last year, Vieau said.

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Supplies Lithium Ion Boston Fisker 186

Green Car Reports

FEBRUARY 4, 2013

Last week, the Chinese company Wanxiang got U.S. With that underway, will China's largest auto-parts company now turn its sights toward one of A123's biggest customers, Fisker Automotive? government approval to buy bankrupt lithium-ion cell maker A123 Systems. Wanxiang America.

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Fisker Lithium Ion Chinese Buy 94

Green Car Reports

JANUARY 22, 2019

Fisker, the luxury plug-in hybrid car company that went bankrupt in 2013, was founded by a car designer. Henrik Fisker, the brand's namesake was a designer at BMW before forming his own company.

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Karma Plug-in Pininfarina Design 129

Baua Electric

MARCH 21, 2025

Karma Automotive on Thursday unveiled the Amaris, a plug-in hybrid coupe the company says is due to start production in the fourth quarter of next year, and confirmed that it’s moving closer to a replacement for the Revero sedan. that sold the Ocean electric SUV before its own bankruptcy in 2024.

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Karma Plug-in Plug Hybrid 52

Plugs and Cars

APRIL 24, 2009

GM CEO Rick Waggoner was pushed out and the company got sixty days to get its act together. nk, Fisker and Aptera, for example, would get cars on the road and allow the plug-in project the chance to more quickly advance to economic viability without the legacy burdens carried by the majors. Here's my April column.

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GM Companies Electric Vehicles Obama 100

Green Car Reports

DECEMBER 10, 2012

A123 Systems, the bankrupt battery maker which supplies Fisker Automotive and others, has finally found a buyer. Chinese auto parts maker Wanxiang Group Corp. parts company Johnson Controls Inc. fought off a joint bid from U.S. and Japan's NEC Corp, with a bid of $256.6

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Fisker Batteries Battery Japan 119

Green Car Reports

SEPTEMBER 1, 2016

In the beginning was the Fisker Karma. Then came battery cell failures, bankruptcy, a Chinese company, a departing designer, a swaggering auto exec, a big honkin' V-8 engine, and two new companies.

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Karma Fisker Chinese Green 111

Green Car Reports

OCTOBER 4, 2015

Henrik Fisker hasn't been involved with his namesake company since before it declared bankruptcy in 2013. But Fisker Automotive has continued to bear his name since being purchased by Chinese automotive supplier Wanxiang.

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Karma Fisker 2016 2013 60

Green Car Reports

MARCH 22, 2016

Danish car designer Henrik Fisker appears to have moved on from his eponymous company and the Karma plug-in luxury sedan. Fisker Automotive is now Karma Automotive, and is working its way back from bankruptcy under the wing of Chinese automotive supplier Wanxiang.

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Fisker Plug-in Karma Plug 60

Green Car Reports

FEBRUARY 15, 2018

Starting a car company is not only very, very hard—as Tesla, Fisker, and many others testify—but requires breathtaking sums of money. Now struggling Faraday Future, the electric-car startup firm whose entrepreneurial Chinese backer is facing legal action in his home country, appears to have found a well-heeled savior.

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Future Fisker Legal Chinese 107

Green Car Reports

FEBRUARY 24, 2015

Chinese maker Wanxiang, which bought the defunct Fisker Automotive out of bankruptcy, will rename the carmaker Elux, according to a Reuters report this morning. The company has also pushed back the planned relaunch of the Karma range-extended electric sport sedan until at least the middle of next year, it says.

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Karma Fisker Chinese Sale 60

Green Car Congress

AUGUST 8, 2012

A123 announced the Wanxiang deal along with its financial results for the second quarter ended 30 June 2012 in which the company reported a net loss of $82.9 A123 announced the Wanxiang deal along with its financial results for the second quarter ended 30 June 2012 in which the company reported a net loss of $82.9

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2012 2011 Convert Corporation 273

The Truth About Cars

JANUARY 22, 2025

After reporting on the Canoo bankruptcy announcement , several readers reached out to ask what had happened to the assets of other defunct EV startups particularly those that went public via controversial special purpose and acquisition companies (SPACs). Ask and ye shall receive. As with most SPAC deals, this yielded an incredibly high IPO.

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All-Electric Electric Vehicles Fisker Vehicles 111

Baua Electric

JUNE 18, 2024

Fisker in a statement said it has sought Chapter 11 bankruptcy protection with a court in Delaware, and that it is currently in talks with creditors over debtor-in-possession financing and the sale of remaining assets. The move comes roughly a year after the start of deliveries of the Ocean, Fisker’s debut model.

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Fisker Delaware Alaska Charging 52

Green Car Reports

MARCH 4, 2015

The Fisker Karma extended-range electric luxury sedan has been out of production since July 2012, but it''s hardly gone away. Chinese automotive supplier Wanxiang, which now owns the car company, hopes to restart sales of the low, sleek, striking four-seat sedan under the Elux name sometime next year.

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Karma Fisker Sale For Sale 60

Green Car Reports

NOVEMBER 9, 2012

Ailing battery firm A123 Systems, which supplies batteries to Fisker, BMW and GM among others, could soon have a new owner after Delaware courts have imposed a deadline for bids. Two companies vying for A123 and its assets are auto-parts maker Johnson Controls, and Chinese auto-parts maker Wanxiang Group.

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Delaware Fisker BMW GM 89

Plug In Partners

NOVEMBER 7, 2007

One is from the new auto start up Fisker. Fisker's high end-plug in CNET News Blog Posted by Michael Kanellos Fisker Automotive. The company is planning to come to market in about 18 months with a high-performance, high-end, plug-in hybrid sedan. clip) Fisker also hopes to come out with SUVs and other types of cars.

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PHEV Fisker i-MiEV Audi 100

Baua Electric

JULY 10, 2024

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. The CEO of the California-headquartered EV company expects that by 2030, 50% of new car sales will be electric in most parts of the world, especially in the US, Europe and China.

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Fisker Auto Aston Martin India 52

Green Car Reports

APRIL 8, 2019

The Karma Revero is getting a long-needed update later this year, and the company has just revealed a few details. You'll recall that the Revero is the continuation of the original Fisker Karma, which went on sale in 2011. The company and its manufacturing facilities for the Karma were bought out by a Chinese company.

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Karma Fisker BMW Powered 75

CN EV Post

MARCH 30, 2024

Nio is what amounts to a tech zombie company and the culling of the Chinese EV herd will commence rapidly in 2024-25. In America Lucid and Fisker will go first with Rivian likely to follow. Great tech, but the company is utterly mismanaged from R&D to sales to capital structure to investor communication.

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Fisker SUV Chinese America 93

CN EV Post

FEBRUARY 22, 2024

We just saw Rivian, Lucid and Fisker all reporting deliveries and revenues that put them, in all frankness, on death row. Lucid, like NIO has some Middle East oil money keeping it afloat for the moment - but the wealthy Arabic investors are businessmen, not sympathizers to Western or Chinese retail investors.

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Fisker Karma Buy 2010 75

Baua Electric

MAY 28, 2024

Magna Steyr / Credit: Magna International Austria-based contract manufacturer Magna Steyr has confirmed that several Chinese OEMs are discussing the possibility of local EV production ahead of further sales in Europe. We’ve already reported that Magna Steyr has signed on to design and build off-road EVs for INEOS , but not until 2026.

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Chinese Europe Austria Production 52

Electric Vehicles India

JUNE 3, 2021

Foxconn had tied up with Chinese electric-car maker Byton and automakers Zhejiang Geely Holding Group and Italian company Stellantis. Recently, the leading electric vehicles manufacturer Fisker Inc made an announcement that it has collaborated with Apple Inc supplier Foxconn to manufacture more than 250,000 vehicles from late 2023.

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Electric Vehicles Thailand Fisker Taiwan 74

Baua Electric

NOVEMBER 13, 2023

BYD (China): Product: BYD is a diversified Chinese company that manufactures electric cars. Fisker Inc. United States): Product: Fisker focuses on sustainable and luxurious electric vehicles. Li Auto (China): Product: Li Auto specializes in electric SUVs with extended-range capabilities.

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Electric Cars United States Fisker Cars 98

The Truth About Cars

MARCH 15, 2024

Both see the agreement as a way to remain competitive and manage costs as they work to stave off intense competition from Chinese and South Korean automakers. Together, the companies offer suppliers a much larger and more attractive purchasing entity, lowering unit costs. That said, the company’s sales in the U.S.

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Honda Nissan Acura Fisker 98

The Truth About Cars

JULY 6, 2023

Most recently, Horbury worked with Geely after the Chinese company bought Volvo from Ford. Though his impact was felt across the automotive ecosystem, some of Horbury’s most impactful work happened at Volvo, where he led the design team in the early 1990s – one of the automaker’s most transformative periods.

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Design Aston Martin Volvo Fisker 96

Baua Electric

JANUARY 6, 2024

Which company faced a $1.7 Fourth-quarter sales results released this past week showed that while Tesla led in 2023 global EV sales , the Chinese automaker BYD pulled ahead of Tesla toward the end of the year. Which EVs made the tax-credit shortlist in 2024? billion fine for diesel emissions cheating?

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Fisker Kia BYD Tax Credit 52

China EV

AUGUST 13, 2018

I asked Joe Chao, the co-founder and president of GYON, what made his EV company special. “We are not just a car company,” he told me. Most — actually all except for me — of the journalists there were Chinese, most flown over from China, it seems. The first press release was in Chinese.

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Chinese Los Angeles China Affordable 52

The Truth About Cars

JUNE 11, 2024

Henrik Fisker originally launched Fisker Automotive in 2007, with the Karma being the first model. But the EV company went bankrupt and the assets were purchased by Chinese auto-parts supplier Wanxiang Group in 2014. The company said the nature of the defect makes it impossible to repeat between vehicles.

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Karma Fisker Automobile Manufacturer 2007 64

Green Cars News

NOVEMBER 2, 2009

The company had already delivered more than 700 vehicles by the end of September, 2009 (see article ). Of all the ‘upstart’ green car companies, Tesla is the closest to breaking out into the mainstream. Of all the ‘upstart’ green car companies, Tesla is the closest to breaking out into the mainstream. Fisker Automotive.

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Green Cars Green Fisker Parts 50

Baua Electric

NOVEMBER 8, 2024

Karma Invictus Karma started 10 years ago with the purchase by Chinese auto parts supplier Wanxiang Group of the remains of Fisker Automotive, the previous company started by Henrik Fisker, before the now-bankrupt Fisker Inc. Michelin Pilot Sport 4S tires, mounted to 21-inch wheels, should enhance grip as well.

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Karma Carbon Fiber Fisker New York City 52

Electric Vehicles India

JUNE 22, 2022

Taiwan tech company Foxconn about to start Electric Vehicles. The company also clarified the plan to build for automotive customers rather than selling to customers under its brand.” The company also brought a manufacturing facility in the US, which was earlier owned by Tesla rival Lords town Motors, to make electric cars.

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Electric Vehicles Vehicles Taiwan Fisker 59

Cars That Think

JANUARY 6, 2025

Together, hybrids and all-electric vehicles (a category that the Chinese government calls new energy vehicles) reached a milestone last July, outselling internal-combustion engine cars in that country for the first time. The short-lived 2012 Fisker Karma took a similar approach. None of these vehicles made much impact on the market.

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Plug-in Plug Hybrid Sale 143