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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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A123 Systems in non-binding MoU with Wanxiang for strategic investment of up to $450M; Wanxiang would own up to 80% of A123 common stock

Green Car Congress

Incurrence of the remaining $50 million of loans under the Senior Secured Bridge Facility would be subject to the satisfaction of certain approvals and conditions, including receipt of favorable determination from CFIUS and receipt of Chinese government approvals. —Weiding Lu, CEO of Wanxiang Group. Adjusted EBITDA was a loss of $52.4

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Out of charge: Fisker files for bankruptcy, again

Baua Electric

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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GYON adds name to long list of Chinese EV startups

China EV

.” Although details of the actual car, battery, and charger were scare, GYON showed a photo of a “Smart City Ecosystem” circle — car operation-AI Smart-Charging Network-Finance-Connectivity — which make up the system, I guess. The first press release was in Chinese. So the audience was clearly in China.

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As EV Sales Stall, Plug-In Hybrids Get a Reboot

Cars That Think

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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These StartUps are going to Challenge Tesla

MyEVOnline

Fisker , a Los Angeles-based automotive company, will sell its first electric car, Ocean crossover SUV by the end of 2022. Earlier, Fisker Automotive ended up in bankruptcy in its effort to manufacture its first EV. However, this time the company has adopted a different strategy to create and finance its product. Fisker Inc.

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Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

Reply ↓ ↑ report 14 Mikey G 3:10PM (4/23/2009) If Chrysler, Tesla, Fisker and the rest of these companies would stop wasting time developing 2 seater electric sports cars and start building the hybrids that people need for kids, groceries and everyday life for everyday people they would be much better off.